Srinibas Pradhan Constructions IPO Details
The key details of Srinibas Pradhan Constructions’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹20.32 Crores |
| Price Range | ₹91 - ₹98 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 2,400 |
| Investment (cut-off price) | ₹2,35,200 |
| Pre IPO Promotor Holding | 85.27% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Srinibas Pradhan Constructions IPO Timelines
The IPO process for Srinibas Pradhan Constructions includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
06/03/2026
Start Date10/03/2026
End Date12/03/2026
Refund Initiation12/03/2026
Credit of Shares to Demat Ac13/03/2026
Listing DateSrinibas Pradhan Constructions IPO Lot Size
The Srinibas Pradhan Constructions IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹98 per share. For retail investors, the minimum and maximum application is 2,400 shares (2 lots) amounting to ₹2,35,200. For Small HNI (S-HNI) investors, the minimum application is 3,600 shares (3 lots) worth ₹3,52,800, while the maximum is 9,600 shares (8 lots) amounting to ₹9,40,800. Big HNI (B-HNI) investors need to apply for at least 10,800 shares (9 lots), totaling ₹10,58,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2400 | ₹2,35,200 |
| Retail Maximum | 2 | 2400 | ₹2,35,200 |
| S-HNI Minimum | 3 | 3600 | ₹3,52,800 |
| S-HNI Maximum | 8 | 9600 | ₹9,40,800 |
| B-HNI Minimum | 9 | 10800 | ₹10,58,400 |
Srinibas Pradhan Constructions IPO Subscription Status
The subscription status for Srinibas Pradhan Constructions IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Srinibas Pradhan Constructions IPO Company Financials
Srinibas Pradhan Constructions reports robust performance in FY2025 with Total Income of ₹89.73 crores, managing expenses at ₹80.92 crores, and achieving a strong PAT (Profit After Tax) of ₹6.59 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹26.35 | ₹24.37 | ₹1.48 |
| FY 2024 | ₹35.27 | ₹30.52 | ₹3.55 |
| FY 2025 | ₹89.73 | ₹80.92 | ₹6.59 |
| FY 2026 (6 M) | ₹45.63 | ₹40.07 | ₹4.11 |
About Company
Srinibas Pradhan Constructions Limited, incorporated in 2020, operates in the infrastructure and utilities sector with a strong presence across Odisha. The company undertakes construction of rural, major district, and urban roads using aggregates, sand, tar, and cement to deliver durable transport infrastructure. Capabilities also include execution of high level bridges, steel bridge structures, and industrial sheds, along with comprehensive civil construction services covering foundations, superstructures, multi storied buildings, factories, and industrial facilities.
Operations extend across roads, highways, bridges, irrigation and canal works, mining related infrastructure, and broader industrial development projects. Participation in competitive bidding processes enables engagement with state government departments, central and state public sector undertakings, and private corporate clients. As of February 15, 2026, a consolidated order book of Rs 18,406.95 lakhs reflects a strong pipeline of ongoing and upcoming projects.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2020 | Infrastructure | Srinibas Pradhan |
Know Before Investing
Srinibas Pradhan Constructions IPO Strengths
- Odisha focus positions company for state infrastructure spending under development schemes.
- Founder Srinibas Pradhan brings local execution expertise navigating Odisha tender processes.
- National infrastructure push creates multi-year order opportunities for regional contractors.
Srinibas Pradhan Constructions IPO Risks
- Revenue vulnerable to bidding losses, payment delays, and policy changes typical in public contracts.
- Infrastructure contracts carry timeline slippages, cost overruns, and penalty risks.
- Odisha-centric operations expose to state budget cycles and political changes.
- Larger EPC players and regional contractors compete aggressively on pricing and execution.
- Emerging platform faces lower trading volumes versus mainboard infrastructure peers.
- TBA financial metrics indicate execution risk assessment challenges for investors.
- Capex freezes during fiscal consolidation directly impact order pipelines.
Swot Analysis for Srinibas Pradhan Constructions IPO
Strengths
Government Tender Expertise, Odisha Infrastructure Focus, Experienced Leadership
Weaknesses
Geographic Concentration, Client Dependency, Limited Scale
Opportunities
Odisha Infra Pipeline, Smart Cities Extension, Private Industrial Capex
Threats
Government Policy Risk, Competition Intensity, Raw Material Inflation
Company Details
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 Registar Details
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Srinibas Pradhan Constructions SME IPO are:
- Funding the working capital requirements of the Company.
- Repayment of portion of loan availed by the Company
- General Corporate Purpose.
Novus Capital Advisors Private Limited is the book-running lead managers for the Srinibas Pradhan Constructions IPO.
Srinibas Pradhan Constructions shows moderate growth potential supported by a ₹184.07 crore order book, healthy 14.50% EBITDA margin, and strong return ratios. Rising government infrastructure spending in roads, irrigation, and urban projects, along with gradual geographic expansion, can drive steady revenue growth if execution remains disciplined.
The issue price for the Srinibas Pradhan Constructions IPO is set between ₹91 to ₹98 per share.
To invest in two lot of Srinibas Pradhan Constructions IPO, you need ₹2,18,400 at the lower price band (₹91 per share) or ₹2,35,200 at the upper price band (₹98 per share) for a lot size of 2,400 shares.
Srinibas Pradhan Constructions IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on March 13, 2026.
Refund/unblocking of funds for Srinibas Pradhan Constructions IPO will begin on March 12, 2026. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Srinibas Pradhan Constructions IPO shares on listing day (March 13, 2026) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.