Srinibas Pradhan Constructions IPO Details
Srinibas Pradhan Constructions IPO Summary
Srinibas Pradhan Constructions IPO opens for subscription on 06 Mar 2026 and closes on 10 Mar 2026.The IPO will be listed on NSE with the tentative listing date set for 13 Mar 2026.
Srinibas Pradhan Constructions IPO price band has been fixed at ₹91 – ₹98 per share. The face value is ₹10 per share with a lot size of 1200.
Srinibas Pradhan Constructions IPO total issue size comprises 20,73,600 shares (aggregating up to ₹20.32 Cr). This includes a fresh issue of 17,13,600 shares (aggregating up to ₹16.79 Cr). Offer for Sale consists of 3,60,000 shares (aggregating up to ₹3.53 Cr). Pre-issue shareholding stands at 61,47,397, which will increase to 78,60,997 post-issue.
Srinibas Pradhan Constructions IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Srinibas Pradhan Constructions IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹235,200. Individual Maximum is 2 lots (2,400 shares) amounting to ₹235,200. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹352,800. SHNI Maximum is 8 lots (9,600 shares) amounting to ₹940,800. BHNI Minimum is 9 lots (10,800 shares) amounting to ₹1,058,400.
The Lead Managers for Srinibas Pradhan Constructions IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Fast Track Finsec Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Rikhav Securities. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Srinibas Pradhan Constructions Limited RHP.
Srinibas Pradhan Constructions IPO Details
Srinibas Pradhan Constructions IPO Subscription
Srinibas Pradhan Constructions IPO Application Wise Breakup
Srinibas Pradhan Constructions IPO Dates
- 06 Mar 2026Opening dateOpen
- 10 Mar 2026Closing dateClose
- 11 Mar 2026Allotment Date Allotment
- 12 Mar 2026Initiation of RefundsRefund
- 12 Mar 2026Credit of SharesCredit
- 13 Mar 2026Listing dateListing
Srinibas Pradhan Constructions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2400 | ₹235,200 |
| Individual Maximum | 2 | 2400 | ₹235,200 |
| SHNI Minimum | 3 | 3600 | ₹352,800 |
| SHNI Maximum | 8 | 9600 | ₹940,800 |
| BHNI Minimum | 9 | 10800 | ₹1,058,400 |
Srinibas Pradhan Constructions IPO Reservation
Promoter Holding
Documents
Srinibas Pradhan Constructions IPO Valuations
Srinibas Pradhan Constructions Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 56.67 | 55.76 | 20.83 | 6.50 |
| Total Income | 45.63 | 89.73 | 35.27 | 26.35 |
| Profit After Tax | 4.11 | 6.59 | 3.55 | 1.48 |
| EBITDA | 7.64 | 13.01 | 5.58 | 2.15 |
| NET Worth | 22.01 | 15.91 | 7.72 | 2.67 |
| Reserves and Surplus | 15.87 | 11.55 | 3.57 | 2.57 |
| Total Borrowing | 17.17 | 17.25 | 1.88 | 0.06 |
| Amount in ₹ Crore | ||||
About Srinibas Pradhan Constructions IPO
Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specializing in the execution of projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure.
Core Business Activities
SPCL is engaged in infrastructure development across multiple segments, with a primary focus on the following areas:
- Roads and Highways: Construction of rural, major district, and urban roads using high-quality materials such as aggregates, sand, tar, and cement to ensure durability and reliability.
- Bridges and Steel Structures: Execution of high-level bridges and fabrication of steel structures for bridges and industrial sheds.
- Civil Construction: Provision of comprehensive civil construction services, including foundations, superstructures, multi-storeyed buildings, factories, and industrial facilities.
The company participates in competitive bidding processes for infrastructure projects primarily across the state of Odisha, serving state government departments, central and state public sector undertakings, and private corporate clients.
SPCL’s project portfolio includes roads, bridges, irrigation and canal works, civil construction, and industrial development projects.
As of February 15, 2026, the company reported a consolidated order book of ₹ 18,406.95 lakhs.
Strength Of Srinibas Pradhan Constructions IPO
- Focused on Infrastructure and civil construction.
- Experienced management team.
- Experienced workforce.
- Strong Backward Integrations.
- Strong Order Book from various government agencies, local bodies and private companies.
- Strong execution capabilities with industry experience.
Risk Of Srinibas Pradhan Constructions IPO
- Its business operations are focused primarily in the State of Odisha. The company relies heavily on projects undertaken or awarded within Odisha, by entities such as the local authorities, municipal bodies, and other organizations operating in the state. As a result, its revenue streams are derived entirely from contracts with a limited number of entities, exposing it to risks arising from economic, regulatory, and other changes specific to Odisha. Any adverse changes in central or state government policies could potentially lead to foreclosure, termination, restructuring, or renegotiation of its contracts. Such developments could significantly impact the company business operations and financial results.
- The company depends on certain key customers for its revenues. A decrease in the revenues the company derives from them could materially and adversely affect its business, results of operations, cash flows and financial condition.
- The Company depends on the knowledge and experience of its Promoters, Ramakanta Pradhan and Srinibas Pradhan for its growth. The loss of their services may have a material adverse effect on its business, financial condition and results of operations.
- The company has in past entered into related party transactions and its may continue to do so in the future.
- Its may not maintain profitability in the future.
- The Company has a negative cash flow from its operating and investing activities in past three years, details of which are given below, sustained negative cash flow could impact its growth and business.
- The company may be exposed to liabilities arising from defects during construction, which may adversely affect its business, financial condition, results of operations and prospects.
- Its business is capital intensive because of which the company may experience insufficient cash flows to meet required payments on its debt and working capital requirements, there may be an adverse effect on the results of its operations.
- The company operates in a competitive industry and its failures to successfully compete may adversely affect the company business, financial condition and results of operations, and prospects.
- Increases in the prices of materials & services such as construction materials, fuel, labor, equipment maintenance, and other construction related expenses could have an adverse effect on its business, results of operations and financial condition.
Objectives Srinibas Pradhan Constructions IPO
1. Funding the working capital requirements of the Company.
2. Repayment of portion of loan availed by our Company
3. General Corporate Purpose.
4. Total
Company Contact Details
C/O- Srinibas Pradhan, Near Chuakani Po-Lamtibaha, Jharsuguda, Jharsuguda,
Jharsuguda, Odisha , 768216
Phone: +91 6645 251105
Email: cs@srinibaspradhan.com
Website: https://www.srinibaspradhan.com/
Registrar Contact Details
Srinibas Pradhan Constructions FAQs
The Srinibas Pradhan Constructions IPO is a SME public issue comprising 2073600 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹20.32 Cr. The issue price has been fixed at ₹98 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 06 Mar 2026, and closes on 10 Mar 2026.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE
As of now, the current GMP stands at ₹0 (0%).
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