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Srinibas Pradhan Constructions Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹98
₹98
GMP (Grey Market)
+₹1
+1.02%
Est. Listing Price
₹99
Based on GMP
Min. Investment
₹117,600
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
06 Mar 2026
Close Date
10 Mar 2026
Allotment
11 Mar 2026
Listing Date
13 Mar 2026
Exchange
NSE SME
Price Band
₹98
Listing Price
See chart
Allotment Status
Price Band
₹98
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
20,73,600 shares (agg. up to ₹20 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹117,600
1 lot
Pre-IPO Holding
61,47,397 shares
Promoters
Post-IPO Holding
78,60,997 shares
Promoters
P/E (Pre)
9.15x
 
P/E (Post)
9.37x
 
EPS (Pre)
₹10.71
 
EPS (Post)
₹10.45
 
UPI Deadline
5:00 PM on 10 Mar 2026
Mandate
GMP
+₹1
+1.02% est.
Anchor AllotmentThu, 05 Mar 2026
Basis of AllotmentWed, 11 Mar 2026
Refund InitiationThu, 12 Mar 2026
Demat CreditThu, 12 Mar 2026
Listing DayFri, 13 Mar 2026
UPI Mandate Deadline5:00 PM on 10 Mar 2026
Sale TypeFresh Capital & OFS
Net Offer to Public19,69,200 shares (agg. up to ₹19 Cr)
Market Maker Quota1,04,400 shares (agg. up to ₹1 Cr)
Fresh Issue Shares16,09,200 shares (agg. up to ₹16 Cr)
Offer for Sale3,60,000 shares of ₹10 (agg. up to ₹4 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Srinibas Pradhan Constructions Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 10 Mar 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
104,400
₹1.02
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,073,600
100% ₹20.32
IPO Shares Offered
Srinibas Pradhan Constructions Ltd IPO total issue size: ₹20.32 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 104,400 ₹1.02
5.03%
Total 2,073,600 ₹20.32
100.00%
* Based on upper price band ₹98 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹98.00
Upper Band
Min Investment
₹117,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹235,200
Retail (Max — 13 Lots)1315,600₹1,528,800
S-HNI (Min — 14 Lots)1416,800₹1,646,400
B-HNI (Min — 68 Lots)6881,600₹7,996,800
* Issue Price ₹98 × Lot Size 1,200 shares
IPO Schedule
Anchor
05 Mar 2026
✓ Done
IPO Open
06 Mar 2026
✓ Done
IPO Close
10 Mar 2026
✓ Done
Allotment
11 Mar 2026
✓ Done
Refunds
12 Mar 2026
✓ Done
Demat Credit
12 Mar 2026
✓ Done
Listing Day
13 Mar 2026
✓ Done
Srinibas Pradhan Constructions Ltd — Live Price LIVE
₹98.00
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Issue ₹98.00 GMP: +₹1 Live Price
About Srinibas Pradhan Constructions Ltd
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 ActivitiesSPCL is actively engaged in infrastructure development across a range of sectors, with a primary focus on:Roads and Highways: Construction of rural, major district, and urban roads using high-quality materials such as aggregates, sand, tar, and cement to ensure long-lasting and reliable infrastructure.Bridges and Steel Structures: Execution of high-level bridges and steel structures for bridges and industrial sheds.Civil Construction: Delivery of comprehensive civil construction services including foundations, superstructures, multi-storied buildings, factories, and industrial facilities.SPCL participates in competitive bidding processes for infrastructure projects across the state of Odisha, catering to state government departments, central and state public sector undertakings, as well as private corporate clients.The company's project portfolio covers roads, bridges, irrigation and canal works, civil construction, and industrial development.As on Feb 15, 2026, the company has reported consolidated Order Book of Rs. 18,406.95 lakhs.Competitive strengths:Established ReputationExperienced WorkforceStrong Backward IntegrationDiverse Portfolio
Objects of the Issue
1
Funding the working capital requirements of the Company.
2
Repayment of portion of loan availed by our Company
3
General Corporate Purpose.
Srinibas Pradhan Constructions Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹35.3
31 Mar 2024
₹89.7
31 Mar 2025
₹45.6
30 Sep 2025
Profit After Tax (PAT)
₹3.6
31 Mar 2024
₹6.6
31 Mar 2025
₹4.1
30 Sep 2025
Particulars30 Sep 202531 Mar 202531 Mar 2024
Revenue from Operations 45.63 89.73 35.27
EBITDA 7.64 13.01 5.58
Profit After Tax (PAT) 4.11 6.59 3.55
Net Worth 22.01 15.91 7.72
Total Assets 56.67 55.76 20.83
Reserves & Surplus 15.87 11.55 3.57
Borrowings 17.17 17.25 1.88
EBITDA Margin (%) 16.76
PAT Margin (%) 9.01
RoE
21.67
RoCE
29.79
RoNW
21.67
PAT Margin
9.01
EBITDA Margin
16.76
Debt/Equity
0.78
Issue Structure & Shareholding
Total Shares Offered20,73,600 (100.00%)
Net Offer to Public19,69,200 shares (agg. up to ₹19 Cr)
Reserved for Market Maker1,04,400 shares (agg. up to ₹1 Cr)
Pre-Issue Promoter Holding61,47,397 shares
Post-Issue Promoter Holding78,60,997 shares
P/BV RatioN/A
RoE21.67
RoCE29.79
Debt / Equity0.78
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Novus Capital Advisors Private Limited
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Srinibas Pradhan Constructions Ltd IPO subscribed?

Srinibas Pradhan Constructions Ltd IPO is subscribed 1.00 times by Mar 10, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Srinibas Pradhan Constructions Ltd IPO retail subscription status?

The Srinibas Pradhan Constructions Ltd IPO retail category is subscribed 1.00 times as of 10 Mar 2026. The retail portion is oversubscribed.

How to subscribe Srinibas Pradhan Constructions Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 06 Mar 2026 and closes 10 Mar 2026. Min investment: ₹117,600 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 10 Mar 2026.

How many times Srinibas Pradhan Constructions Ltd IPO subscribed?

The Srinibas Pradhan Constructions Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Srinibas Pradhan Constructions Ltd IPO allotment?

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Mar 2026. Refunds: on 12 Mar 2026.

When Srinibas Pradhan Constructions Ltd IPO will be listed?

The Srinibas Pradhan Constructions Ltd IPO listing date is 13 Mar 2026, Friday. Listed on: NSE SME. Issue price: ₹98. Estimated listing: ₹99. GMP: +₹1.

When Srinibas Pradhan Constructions Ltd IPO close?

The Srinibas Pradhan Constructions Ltd IPO closes on 10 Mar 2026, Tuesday. UPI mandate: 5:00 PM on 10 Mar 2026. Allotment: 11 Mar 2026. Listing: 13 Mar 2026.