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 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
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
Risk Of Srinibas Pradhan Constructions IPO
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%).

