Grey market quotes the Mainboard at a ₹48 premium over the upper band of ₹130, pointing to an indicative listing near ₹178. Last updated: 14 Oct 2026, 01:22 IST.
SRIT India commands a grey-market premium of ₹48 (+36.9% of the ₹130 upper band), about ₹5,520 per lot of 115 shares. Dealers are holding the line: ₹48 unchanged across 3 tracked sessions, a stand-off between grey demand and issue pricing. Books show 125.16x total subscription (QIB 91.84x, NII 312.99x, retail 63.7x). Institutions are carrying this issue — QIB demand near 91.84x is the smart-money leg that grey quotes usually follow, not lead. This issue has already listed — compare the debut against the premium trail above to judge how honest the street signal was.
Unofficial street quote — treat as sentiment alongside subscription breadth and fundamentals, never as a promised listing price.
| Date | GMP | Est. Gain |
|---|---|---|
| 14 Oct | +₹48 | +36.9% |
| 13 Oct | +₹48 | +36.9% |
| 12 Oct | +₹48 | +36.9% |
Est. gain = GMP as % of the upper band price (indicative listing premium).
Grey Market Premium is an unofficial, off-exchange quote. SEBI does not recognise grey-market trading; the actual listing price is decided by order-book demand on debut day.
| Price Band | ₹123 - ₹130 |
|---|---|
| Lot Size | 115 shares |
| Issue Size | ₹218 Cr |
| Opening Date | 28 Sep 2026 |
| Closing Date | 30 Sep 2026 |
| Listing Date | 06 Oct 2026 |
| Subscription | 125.16x |
The latest unofficial grey market premium for SRIT India IPO is ₹48 (+, as of 14 Oct 2026, 01:22 IST).
GMP is a street quote that reacts to subscription momentum, market mood and last-day demand — at the current ₹48 premium the rough math is upper band plus premium, but the number is re-quoted through the bidding window and never guaranteed.
No. GMP is an unofficial sentiment indicator that can change quickly. The actual listing price is decided by regular order-book demand on the exchanges on debut day. For SRIT India, the book stands at 125.16x overall with QIB demand at 91.84x — read that breadth next to the premium, not the premium alone.
The full report with subscription status, RHP financials, strengths and data-based analysis signal is on the SRIT India IPO detail page.
Read the full SRIT India IPO report →
Last updated: 14 Oct 2026, 01:22 IST