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Srinibas Pradhan Constructions IPO logo

Srinibas Pradhan Constructions IPO Subscription History

NSE SME

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.

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  • QIB subscribed 1.13×, institutional investors have fully covered their reserved quota, reflecting measured confidence in the company's fundamentals.
  • HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 2.22× and Small NII (below ₹10 lakh) subscribed 0.27×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
QIB
1.13×
Qualified Institutional Buyers
NII
1.57×
Non-Institutional Investors
bNII
2.22×
Bids above ₹10L
sNII
0.27×
Bids below ₹10L
Individual
0.69×
Individual Investors
Total
1.13×
Fully Subscribed

Live Subscription Data

Last updated: Mar 10, 2026, 3:54 PM IST

Overall
1.13×
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
Fully Subscribed — 1.13× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Fri, Mar 06, 2026
0.09×
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
Mon, Mar 09, 2026
1.05×
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
Tue, Mar 10, 2026
1.13×
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

Frequently Asked Questions

What is the current subscription status of Srinibas Pradhan Constructions IPO?

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.

When was the Srinibas Pradhan Constructions IPO subscription window open?

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.

What is the price band and minimum investment for Srinibas Pradhan Constructions IPO?

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).

What is the QIB subscription for Srinibas Pradhan Constructions IPO?

The QIB category has been subscribed 1.13 times. QIBs were offered 19,200 shares.

What is the NII subscription for Srinibas Pradhan Constructions IPO?

Overall NII: 1.57×. bNII (>₹10L): 2.22×, sNII (<₹10L): 0.27×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Srinibas Pradhan Constructions IPO allotment status?

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.

When will Srinibas Pradhan Constructions IPO be listed?

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.

What does 1.13× subscription mean for Srinibas Pradhan Constructions IPO?

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.

What is the allotment probability for Srinibas Pradhan Constructions IPO retail investors?

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.

How to apply for Srinibas Pradhan Constructions IPO?

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.

What is the grey market premium (GMP) for Srinibas Pradhan Constructions IPO?

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.

IPO Details

Open Date
Mar 06, 2026
Close Date
Mar 10, 2026
Allotment
Mar 11, 2026
Listing Date
Mar 13, 2026
Price Band
₹91 – ₹98
Lot Size
1,200 shares
Min. Investment
₹117,600
Exchange
NSE
Registrar
Maashitla Securities Pvt. ltd.
View Full IPO Details

What Happens Next

  1. Subscription Opens Done

    Mar 06, 2026
  2. Subscription Closes Done

    Mar 10, 2026
  3. Basis of Allotment Done

    Mar 11, 2026
  4. Listing on NSE Done

    Mar 13, 2026

Allotment Probability

Good

Decent chance of full allotment.

Share Allocation

QIB 1%
NII 49.5%
Total Shares 1,969,200

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Subscription Guide

≥ 10× Heavily Oversubscribed
1× – 10× Subscribed / Oversubscribed
0.5× – 1× Partially Subscribed
< 0.5× Under-subscribed

Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.