SRINIBAS
Srinibas Pradhan Constructions IPO, a SME IPO opens for subscription soon. The price band is set between ₹91 –98 , with a face value of ₹10 . Retail investors can apply with a minimum of 2 lots, each comprising 1,200 shares — amounting to ₹235,200 at the upper price. The tentative listing date on the exchange (NSE) is March 13, 2026.
Stay tuned for more on Srinibas Pradhan Constructions IPO including business overview, financial performance, live subscription by category, allotment links, daily grey market premium (GMP), and listing performance. This information is for education only—GMP is indicative, not advice.
Srinibas Pradhan Constructions IPO SME Important Dates
Get important updates regarding Srinibas Pradhan Constructions IPO SME tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.
Open Date
Mar 06
Close Date
Mar 10
Allotment
Mar 11
Listing
Mar 13
Issue Size
2,073,600 shares
(aggregating up to ₹20.00 Cr)
Issue Price
₹91 – ₹98
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹235,200
Listing At
NSE
Sale Type
both
Fresh Issue
1,609,200 shares
(aggregating up to ₹16 Cr)
Offer for Sale
360,000 shares
(aggregating up to ₹4 Cr)
Reserved for Market Maker
104,400 shares
(aggregating up to ₹1.00 Cr)
Issue Type
book building
Last updated: 16 hours ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 01 Mar 2026 Latest | ₹98 | ₹0 | ₹98 | ₹0 |
0%
|
3:11 PM |
No snapshot available yet.
Mr. Ramakanta Pradhan and Mr. Srinibas Pradhan are the company promoters.
IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹235,200 |
| Retail (Max) | 1 | 1,200 | ₹117,600 |
| S-HNI (Min) | 3 | 3,600 | ₹352,800 |
| S-HNI (Max) | 8 | 9,600 | ₹940,800 |
| B-HNI (Min) | 9 | 10,800 | ₹1,058,400 |
The IPO reservation structure, also known as share allocation breakdown, details how the total issue size is distributed among different investor categories as mandated by SEBI (Securities and Exchange Board of India) regulations. This reservation table shows the exact percentage and number of shares allocated to Qualified Institutional Buyers (QIB), Retail Individual Investors (RII), High Net Worth Individuals (HNI), Non-Institutional Investors (NII), and other reserved categories like employees and shareholders. Understanding IPO reservation percentages is crucial for investors to evaluate their probability of share allotment, as each category has different subscription levels and competition. The maximum allottees column indicates the cap on the number of investors who can receive shares in each category, helping you assess the likelihood of getting an allotment based on your investor category.
| Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 104,400 (5.03%) |
| QIB Shares Offered | 19,200 (0.93%) |
| NII (HNI) Shares Offered | 975,600 (47.50%) |
| Retail Shares Offered | 974,400 (46.54%) |
| Total Shares Offered | 2,073,600 (100.00%) |
Srinibas Pradhan Constructions Limited is an Odisha-based infrastructure company specializing in building roads, highways, and bridges. Since starting as a small local contractor in 2001, they have grown into a major player that handles large-scale government and private projects. They use high-quality materials like aggregate and cement to ensure durable construction for rural and urban connectivity.
Strength:
Experienced Leadership: The company is led by Mr. Srinibas Pradhan, who has over two decades of deep industry knowledge. This experience helps the company navigate complex bidding processes and technical challenges efficiently.
Strong Order Book: They have a steady flow of projects from various government agencies, municipal bodies, and private firms, which ensures a consistent revenue stream.
Backward Integration: The company has its own sourcing for essential materials like sand and bricks. This reduces dependency on outside suppliers, helps control costs, and ensures that the quality of construction remains high.
Proven Track Record: Their ability to execute projects on time has built a strong reputation in the state of Odisha, making them a preferred partner for infrastructure development.
Growth:
The company has seen massive growth in its operations, with total income jumping from ₹26.35 Cr in FY23 to nearly ₹90 Cr in FY25. This rapid expansion is supported by India’s focus on infrastructure development. By going public, the company aims to use the IPO funds for working capital and debt repayment, which will allow them to take on even larger projects and expand their geographical footprint beyond Odisha.
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 26.35 | 35.27 | 89.73 |
| Profit After Tax (PAT) | 1.48 | 3.55 | 6.59 |
| EBITDA | 2.15 | 5.58 | 13.01 |
| Assets | 6.5 | 20.83 | 55.76 |
| Net Worth | 2.67 | 7.72 | 15.91 |
| Reserves & Surplus | 2.57 | 3.57 | 11.55 |
| Total Borrowing | 0.06 | 1.88 | 17.25 |
The Srinibas Pradhan Constructions IPO is expected to open in March, 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Srinibas Pradhan Constructions IPO is ₹91.00 - ₹98.00 per share.
As per market sources, Srinibas Pradhan Constructions IPO GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Srinibas Pradhan Constructions IPO is being updated. Check the latest subscription figures by category (Retail, QIB, NII) for real-time updates.
The listing date for Srinibas Pradhan Constructions IPO is March 13, 2026.
No comments yet. Be the first to comment!
