Srinibas Pradhan Constructions IPO

Srinibas Pradhan Constructions is an NSE SME IPO listed on the NSE SME platform, priced at ₹91–₹98 per share. The stock debuted at ₹100.05, delivering a listing gain of 2.1%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹2,35,200.

Srinibas Pradhan Constructions Limited IPO

NSE SME Listed
₹2,35,200 (2400 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 6, 2026 – Mar 10, 2026
Price band
₹91-98 per equity share
Minimum Investment
₹2,35,200
Issue size
₹20.32 Cr
Lot size
1200
Allotment Date
Mar 11, 2026
Listing
Mar 13, 2026
Listing At
NSE SME

IPO timeline

  1. Mar 6, 2026

    Open Date

    Completed

  2. Mar 10, 2026

    Close Date

    Completed

  3. Mar 11, 2026

    Allotment Date

    Completed

  4. Mar 13, 2026

    Listing Date

    Completed

Srinibas Pradhan Constructions IPO Subscription Details

View Subscription Details
QIB 1.13x
Individual 0.69x
NIIs 1.68x
bHNI 2.38x
sHNI 0.27x
Individual 0.69x
Total 1.19x

Srinibas Pradhan Constructions IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Srinibas Pradhan Constructions IPO Essentials

Srinibas Pradhan Constructions IPO Details

Srinibas Pradhan Constructions IPO is priced at ₹91-98 per share with a total issue size of 20.32 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.

Issue price
₹91-98 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
20,73,600 shares(agg. up to ₹20.32 Cr)
Total issue size
20,73,600 shares
(aggregating up to ₹20.32 crore)
Fresh issue
17,13,600 shares
(aggregating up to ₹16.79 crore)
Offer for sale (OFS)
3,60,000 shares
(aggregating up to ₹3.53 crore)
Listing at
NSE SME
List price
100.05
Listing date
Registrar
Maashitla Securities Pvt.Ltd.
Lead manager
Novus Capital Advisors Private Limited

Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 2400 ₹2,35,200
Individual(max) 2 2400 ₹2,35,200
sHNI(min) 3 3600 ₹3,52,800
sHNI(max) 8 9600 ₹9,40,800
sHNI(min) 9 10800 ₹10,58,400

Srinibas Pradhan Constructions IPO Documents

Srinibas Pradhan Constructions IPO Reservation

Srinibas Pradhan Constructions IPO reservation details show category-wise allocation of shares. Out of the total 2073600 shares, approximately 0.93% are reserved for QIB, 47.05% for NII, 46.99% for retail investors, and 5.03% for market maker.

Investor Category Shares Offered Maximum Allottees
Market Maker Shares Offered 104400 (5.03%)
QIB Shares Offered 19200 (0.93%)
NII (HNI) Shares Offered 975600 (47.05%)
bHNI > ₹10L 650400 (19%) 181
sHNI < ₹10L 325200 (9%) 90
Individual Shares Offered 974400 (46.99%) 406
Total Shares Offered 2073600 (100%)

Srinibas Pradhan Constructions IPO Analytics

Srinibas Pradhan Constructions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Srinibas Pradhan Constructions IPO Subscription Status

Srinibas Pradhan Constructions IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.19x, indicating moderate demand across investor categories.

As on QIB
NII
bHNI
sHNI
Individual Total
Shares Offered / Reserved 19,200
9,75,600
6,50,400
3,25,200
9,74,400 19,69,200
Day 1 06-03-26 05:00 PM
0.00 x
0.03x
0.02x
0.04x
0.14 x 0.09 x
Day 2 09-03-26 05:00 PM
1.13 x
1.65x
2.38x
0.19x
0.46 x 1.06 x
Day 3 10-03-26 05:00 PM
1.13 x
1.68x
2.38x
0.27x
0.69 x 1.19 x
Total No. of Applications
bHNI sHNI Individual
309 (Approx) 0.06x 0.18x 0.69x

Srinibas Pradhan Constructions Valuations

Earnings

EPS Pre IPO
₹10.71/-
EPS Post IPO
₹10.45/-
P/E Pre IPO
9.15
P/E Post IPO
9.37

Returns

ROE
55.76%
ROCE
71.01%
RoNW
55.76%
PAT Margin
7.34%

Fundamentals

Debt / Equity
1.08
Price / Book
3.58
Market Cap
77.04 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Srinibas Pradhan Constructions Financials( In Crs.)

30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 56.67 55.76 20.83 6.50
Revenue 45.63 89.73 35.27 26.35
Profit After Tax 4.11 6.59 3.55 1.48
Net Worth 22.01 15.91 7.72 2.67
Reserves & Surplus 15.87 11.55 3.57 2.57
Total Borrowing 17.17 17.25 1.88 0.06

Srinibas Pradhan Constructions Company & Offer Insights

About Srinibas Pradhan Constructions

Srinibas Pradhan Constructions Limited (SPCL) was incorporated in the year 2020 and operates in the infrastructure and utilities industry. The company specializes in the execution of projects related to roads and highways, bridges, electricity infrastructure, and mining infrastructure.
Srinibas Pradhan Constructions Limited is actively engaged in the development of infrastructure in various sectors. The company primarily focuses on the development of the following sectors:
Roads and Highways: The company focuses on the construction of rural roads, major district roads, and urban roads using high-quality materials such as aggregates, sand, tar, and cement.
Bridges and Steel Structures: The company executes high-level bridges and steel structures for bridges and industrial sheds.
Civil Construction: The company provides comprehensive civil construction services.

SPCL participates in competitive bids for infrastructure projects in the state of Odisha. The company serves various sectors of the government of Odisha, public sector undertakings of the state and central governments, and private corporate sectors.The company executes projects related to roads and highways, bridges, irrigation and canal works, civil construction, and industrial development.
As of Feb 15, 2026, the company has reported a consolidated Order Book of Rs. 18,406.95 lakhs.

Srinibas Pradhan Constructions Promoter(s)

Mr. Ramakanta Pradhan, Mr. Srinibas Pradhan are the company's promoters of Srinibas Pradhan Constructions.

Srinibas Pradhan Constructions IPO Issue Objectives

Funding the working capital requirements of the Company.
Repayment of portion of loan availed by our Company
General Corporate Purpose.

Contact Information

Contact Details

Srinibas Pradhan Constructions

+91 6645 251105

cs@srinibaspradhan.com

cs@srinibaspradhan.com

C/O- Srinibas Pradhan, Near Chuakani Po-Lamtibaha, Jharsuguda, Jharsuguda, Jharsuguda, Odisha, 768216

Registrar Contact Details

Maashitla Securities Private Limited

+91-11-45121795-96

Investor.ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Frequently Asked Questions

Click any question to reveal the answer

Srinibas Pradhan Constructions IPO is a book-built IPO worth ₹20.32 crore. The price band is ₹91–₹98 per share. The IPO opens on Mar 6, 2026 and closes on Mar 10, 2026. It will be listed on NSE SME Platform. Maashitla Securities Pvt. Ltd. is the registrar.

The price band of Srinibas Pradhan Constructions IPO is ₹91 to ₹98 per share.

The lot size of Srinibas Pradhan Constructions IPO is 1200 shares.

The minimum investment for Srinibas Pradhan Constructions IPO is approximately ₹2,35,200 based on the upper price band .

Srinibas Pradhan Constructions IPO opens on Mar 6, 2026 and closes on Mar 10, 2026.

The allotment date of Srinibas Pradhan Constructions IPO is Mar 11, 2026.

Srinibas Pradhan Constructions IPO is expected to be listed on Mar 13, 2026, on NSE SME Platform.

Srinibas Pradhan Constructions IPO valuation snapshot: P/E 9.37, EPS ₹10.45/-, P/B 3.58, RoNW 55.76%, and market cap 77.04 Cr.

To apply for Srinibas Pradhan Constructions IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Srinibas Pradhan Constructions IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Srinibas Pradhan Constructions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Srinibas Pradhan Constructions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Srinibas Pradhan Constructions IPO allotment status on IPO Ji for quick and easy access.