Srinibas Pradhan

Srinibas Pradhan

 

Srinibas Pradhan IPO open date is March 6, 2026 and the IPO will close on March 10, 2026. Srinibas Pradhan Constructions IPO is a Bookbuilding IPO Issue. The company to raise around ₹20.32 crores via IPO that comprises fresh issue of ₹16.79 crores and offer for sale up to 3,60,000 equity shares with face value of ₹10 each.

Srinibas Pradhan Constructions IPO price band is ₹91 to ₹98 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Srinibas Pradhan Constructions IPO to list on NSE SME on March 13, 2026.. The allotment of Srinibas Pradhan IPO date is March 11, 2026.

The company reported revenue of ₹89.73 crores in 2025 against ₹35.27 crores in 2024. The company reported profit of ₹6.59 crores in 2025 against profit of ₹3.55 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Srinibas Pradhan Constructions IPO Details

IPO Open Date

March 6, 2026

IPO Close Date

March 10, 2026

Face Value

₹10 Per Equity Share

IPO Price Band

₹91 to ₹98 Per Share

Issue Size

Approx ₹20.32 Crores

Fresh Issue

Approx ₹16.79 Crores

Offer for Sale:

Approx 3,60,000  Equity Shares

Issue Type

Book Building Issue

IPO Listing

NSE SME

DRHP Draft Prospectus

PDF

RHP Draft Prospectus

PDF

Srinibas Pradhan Constructions IPO Review & Key Points

  • Review: Neutral

Srinibas Pradhan Constructions IPO Market Lot

The Srinibas Pradhan IPO minimum market lot is 2,400 shares with ₹2,35,200 application amount.

Application

Lot Size

Shares

Amount

Retail Minimum

2

2,400

₹2,35,200

Retail Maximum

2

2,400

₹2,35,200

S-HNI Minimum

3

3,600

₹3,52,800

S-HNI Maximum

8

9,600

₹9,40,800

B-HNI Minimum

9

10,800

₹10,58,400

IPO Reservation

Investor Category

Share Offered

-% Shares

Anchor Investor

Shares

-%

QIB (Ex. Anchor)

19,200 Shares

0.93%

NII Shares Offered

9,75,600 Shares

47.05%

Retail Shares Offered

9,74,400 Shares

46.99%

Srinibas Pradhan Constructions IPO Dates

The Srinibas Pradhan IPO date is March 6 and the close date is March 10. The Srinibas Pradhan Constructions IPO allotment will be finalized on March 11 and the IPO listing on March 13.

IPO Open Date:

March 6, 2026

IPO Close Date:

March 10, 2026

Basis of Allotment:

March 11, 2026

Refunds:

March 12, 2026

Credit to Demat Account:

March 12, 2026

IPO Listing Date:

March 13, 2026

IPO Bidding Cut-off Time:

March 10, 2026 5 PM



Promoters and Holding Pattern

The promoters of the company are Mr. Ramakanta Pradhan and Mr. Srinibas Pradhan.

Particular

Shares

% Share

Promoter Holding Pre Issue

61,47,397 

85.27%

Promoter Holding Post Issue

78,60,997

-%

Objects of the Issue & Utilisation of proceeds

Purpose

Crores

Funding the working capital requirements of the Company.

₹11.55

Repayment of portion of loan availed by our Company

₹1.00

General Corporate Purpose

About Srinibas Pradhan Constructions IPO

Srinibas Pradhan Constructions Limited (SPCL), founded in 2020, is a prominent company that works in the infrastructure and utilities sector. The firm is involved in handling projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure. The firm s core activities include the development of infrastructure projects spanning sectors Roads and Highways, Bridges and Steel Structures, Civil Construction, and industrial development. 

The company takes part in the bidding (tender) processes to win infrastructure projects in Odisha. The firm offers its services to government departments, public sector companies, and private businesses. Experienced workforce, diverse portfolio, and established reputation are some of the major strengths of the company.

Srinibas Pradhan Constructions IPO Company Financial Report

Amount ₹ in Crores

Period Ended

Revenue

Expense

PAT

Assets

2023

₹26.35

₹24.37

₹1.48

₹6.50

2024

₹35.27

₹30.52

₹3.55

₹20.83

2025

₹89.73

₹80.92

₹6.59

₹55.76

Sep 2025

₹45.63

₹40.07

₹4.11

₹56.67

Srinibas Pradhan Constructions IPO Valuation FY2025

Check Srinibas Pradhan IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI

Values

ROE:

55.76%

ROCE:

71.01%

EBITDA Margin:

14.50%

PAT Margin:

7.34%

Debt to equity ratio:

1.08

Earning Per Share (EPS):

₹11.33 (Basic)

Price/Earning P/E Ratio:

N/A

Return on Net Worth (RoNW):

55.76%

Net Asset Value (NAV):

₹27.36

Peer Group Comparison

Company

EPS

PE Ratio

RoNW %

NAV

Income

AVP Infracon Limited

9.29

11.84

16.29%

63.80

195.73 Cr.

Sonu Infratech Limited

5.28

15.74

8.34%

69.10

71.94 Cr.

IPO Lead Managers aka Merchant Bankers

  • Novus Capital Advisors Private Limited

Company Address

Srinibas Pradhan Constructions Ltd.
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/

IPO Registrar

Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

Srinibas Pradhan Constructions IPO FAQs

What is Srinibas Pradhan IPO?

Srinibas Pradhan IPO is SME IPO. The company is going to raise ₹20.32 Crores via IPO. The issue is priced at ₹91 to ₹98 per equity share. The IPO is to be listed on NSE SME.

When Srinibas Pradhan Constructions IPO will open for subscription?

The IPO is to open on March 6, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 10, 2026.

What is Srinibas Pradhan Constructions IPO Investors Portion?

The investors portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Srinibas Pradhan Constructions IPO?

You can apply for Srinibas Pradhan Constructions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Srinibas Pradhan Constructions IPO Issue Size?

Srinibas Pradhan Constructions IPO issue size is ₹20.32 crores.

What is Srinibas Pradhan Constructions IPO Price Band?

Srinibas Pradhan Constructions IPO Price Band is ₹91 to ₹98.

What is Srinibas Pradhan Constructions IPO Lot Size?

The minimum bid is 2400 Shares with ₹2,35,200 amount.

What is the Srinibas Pradhan Constructions IPO Allotment Date?

Srinibas Pradhan Constructions IPO allotment date is March 11, 2026.

 

What is the Srinibas Pradhan Constructions IPO Listing Date?

Srinibas Pradhan IPO listing date is March 13, 2026. The IPO is to list on NSE SME.


Note: The Srinibas Pradhan Constructions IPO price band and date are officially announced. The (Srinibas Pradhan Constructions IPO grey market premium) will be added to the IPO GMP page as it will start).

 

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