Srinibas Pradhan Constructions GMP IPO Date, Review, Price, Allotment Details IPO

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Updated: 05 Mar 2026, 11:20 PM

Srinibas Pradhan Constructions IPO Summary

IPO Open Date: 06 Mar 2026

IPO Close Date: 10 Mar 2026

Price Band: ₹91 to ₹98 Per Share

Issue Size: Approx ₹20.32 Crores

Listing Exchange: NSE SME

Website: https://www.srinibaspradhan.com/

Srinibas Pradhan Constructions IPO Overview

Srinibas Pradhan Constructions IPO is a book build issue of ₹20.32 crores. The issue is a combination of fresh issue of 0.17 crore shares aggregating to ₹16.79 crores and offer for sale of 0.04 crore shares aggregating to ₹3.53 crores.

Srinibas Pradhan Constructions IPO opens for subscription on Mar 6, 2026 and closes on Mar 10, 2026. The allotment for the Srinibas Pradhan Constructions IPO is expected to be finalized on Mar 11, 2026. Srinibas Pradhan Constructions IPO will list on NSE SME with a tentative listing date fixed as Mar 13, 2026.

Srinibas Pradhan Constructions IPO price band is set at ₹91 to ₹98 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,35,200 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,52,800.

Srinibas Pradhan Constructions IPO Details

Company Name Srinibas Pradhan Constructions Ltd.
IPO Open Date 06 Mar 2026
IPO Close Date 10 Mar 2026
Face Value ₹10 Per Equity Share
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
Listing On NSE SME
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Srinibas Pradhan Constructions IPO Review & Key Points

Neutral
Rating: (1/5)

Srinibas Pradhan Constructions IPO Market Lot

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

Category 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

Srinibas Pradhan Constructions IPO Reservation

Investor Category Shares Offered % of Issue
Anchor Investor – Shares -%
QIB (Ex. Anchor) 19,200 Shares 0.93%
NII / HNI 9,75,600 Shares 47.05%
Retail 9,74,400 Shares 46.99%

Srinibas Pradhan Constructions IPO Dates & Allotment

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 Opening Date 06 Mar 2026
IPO Closing Date 10 Mar 2026
Bidding Cutoff Time 5 PM
Basis of Allotment 11 Mar 2026
Refunds Initiation 12 Mar 2026
Credit to Demat 12 Mar 2026
IPO Listing Date 13 Mar 2026

Srinibas Pradhan Constructions IPO Objects of the Issue & Utilization of Proceeds

Description Amount
Funding the working capital requirements of the Company ₹11.55
Repayment of portion of loan availed by our Company ₹1.00
General Corporate Purpose

Srinibas Pradhan Constructions Ltd. Financials

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

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.

Parameter Value
Earnings Per Share (EPS) ₹11.33 (Basic)
P/E Ratio N/A
Return on Equity (ROE) 55.76%
Return on Capital Employed (ROCE) 71.01%
Return on Net Worth (RoNW) 55.76%
Net Asset Value (NAV) ₹27.36
EBITDA Margin 14.50%
PAT Margin 7.34%
Debt to Equity Ratio 1.08

Srinibas Pradhan Constructions IPO Peer Group Comparison

Company EPS P/E RoNW % NAV Total 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.

Srinibas Pradhan Constructions IPO Promoters & Holding Pattern

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

Particulars Shares % Share
Promoter Holding Pre Issue 61,47,397 85.27%
Promoter Holding Post Issue 78,60,997 -%

Srinibas Pradhan Constructions IPO Lead Managers (Merchant Bankers)

  • Novus Capital Advisors Private Limited

About Srinibas Pradhan Constructions Ltd.

Srinibas Pradhan Constructions is a premier infrastructure development firm specializing in large-scale civil engineering projects and residential construction. With a reputation for excellence, the company delivers high-quality structural solutions through innovative building techniques and rigorous safety standards. They are committed to transforming landscapes by providing sustainable and durable infrastructure for both public and private sectors.

Srinibas Pradhan Constructions Ltd. Address

Jharsuguda, Odisha, 768216
Phone: +91 6645 251105
Email: [email protected]

Srinibas Pradhan Constructions IPO Registrar

Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: [email protected]
Website: https://maashitla.com/allotment-status/public-issues

Srinibas Pradhan Constructions IPO FAQs

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.
The IPO is to open on March 6, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 10, 2026.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
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.
Srinibas Pradhan Constructions IPO issue size is ₹20.32 crores.
Srinibas Pradhan Constructions IPO Price Band is ₹91 to ₹98.
The minimum bid is 2400 Shares with ₹2,35,200 amount.
Srinibas Pradhan Constructions IPO allotment date is March 11, 2026.
Srinibas Pradhan IPO listing date is March 13, 2026. The IPO is to list on NSE SME.