Subscription Status · Mar 06 – Mar 10, 2026 · ₹91–98
The Srinibas Pradhan Constructions IPO subscription has recorded adequate investor demand with an overall subscription of 1.13× as of Mar 10, 2026, indicating that investors applied for 1.13 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Mar 10, 2026, 3:54 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
19,200 | 21,600 |
1.13×
|
1 |
|
NII
Non-Institutional Investors
|
975,600 | 1,531,200 |
1.57×
|
26 |
|
bNII
Bids above ₹10L
|
650,400 | 1,442,400 |
2.22×
|
10 |
|
sNII
Bids below ₹10L
|
325,200 | 88,800 |
0.27×
|
16 |
|
Individual
Individual Investors
|
974,400 | 676,800 |
0.69×
|
282 |
|
Total
|
1,969,200 | 2,229,600 |
1.13×
|
335 |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 19,200 | - | - | - |
| NII | 975,600 | 28,800 | 0.03× | 4 |
| bNII | 650,400 | 14,400 | 0.02× | 1 |
| sNII | 325,200 | 14,400 | 0.04× | 3 |
| Individual Investors | 974,400 | 139,200 | 0.14× | 58 |
| Total | 1,969,200 | 168,000 | 0.09× | 66 |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 19,200 | 21,600 | 1.13× | 1 |
| NII | 975,600 | 1,608,000 | 1.65× | 20 |
| bNII | 650,400 | 1,546,800 | 2.38× | 10 |
| sNII | 325,200 | 61,200 | 0.19× | 10 |
| Individual Investors | 974,400 | 446,400 | 0.46× | 186 |
| Total | 1,969,200 | 2,076,000 | 1.05× | 227 |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 19,200 | 21,600 | 1.13× | 1 |
| NII | 975,600 | 1,531,200 | 1.57× | 26 |
| bNII | 650,400 | 1,442,400 | 2.22× | 10 |
| sNII | 325,200 | 88,800 | 0.27× | 16 |
| Individual Investors | 974,400 | 676,800 | 0.69× | 282 |
| Total | 1,969,200 | 2,229,600 | 1.13× | 335 |
As of March 10, 2026, the Srinibas Pradhan Constructions IPO has been subscribed 1.13 times overall. The IPO is fully subscribed. A total of 335 applications received across all categories.
The Srinibas Pradhan Constructions IPO subscription window was open from March 06, 2026 to March 10, 2026. Investors could apply through their demat account or ASBA facility.
The Srinibas Pradhan Constructions IPO has a price band of ₹91 to ₹98 per share, with a lot size of 1,200 shares. Minimum retail investment: ₹109,200 (lower band) or ₹117,600 (upper band).
The QIB category has been subscribed 1.13 times. QIBs were offered 19,200 shares.
Overall NII: 1.57×. bNII (>₹10L): 2.22×, sNII (<₹10L): 0.27×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on March 11, 2026. Check via the registrar's website, Maashitla Securities Pvt. ltd. using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Srinibas Pradhan Constructions IPO is expected to list on March 13, 2026. Shares will list on NSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 1.13× means investors have bid for 1.13 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Good. Decent chance of full allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Srinibas Pradhan Constructions IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Mar 06 to Mar 10, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Srinibas Pradhan Constructions IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Mar 06, 2026Subscription Closes Done
Mar 10, 2026Basis of Allotment Done
Mar 11, 2026Listing on NSE Done
Mar 13, 2026Decent chance of full allotment.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.