| IPO Date | March 6, 2026 to March 10, 2026 |
| Listing Date | March 13, 2026 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 91 to ₹ 98 / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 20,73,600 (Aggregating up to ₹20 Cr) |
| Fresh Issue | 16,09,200 (Aggregating up to ₹16 Cr) |
| Offer for Sale | 3,60,000 (Aggregating up to ₹4 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share holding pre issue | 61,47,397 |
| Share holding post issue | 78,60,997 |
| Market Maker portion | 1,04,400 |
Srinibas Pradhan Constructions IPO opens on March 6, 2026, and closes on March 10, 2026.
| IPO Open Date | March 6, 2026 |
| IPO Close Date | March 10, 2026 |
| Basis of Allotment | March 11, 2026 |
| Initiation of Refunds | March 12, 2026 |
| Credit of Shares to Demat | March 12, 2026 |
| Listing Date | March 13, 2026 |
| Cut-off time for UPI mandate confirmation | March 10, 2026 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | Rs.235,200 |
| Retail (Max) | 2 | 2,400 | Rs.235,200 |
| S-HNI (Min) | 3 | 3,600 | Rs.352,800 |
| S-HNI (Max) | 8 | 9,600 | Rs.940,800 |
| B-HNI (Min) | 9 | 10,800 | Rs.1,058,400 |
| HNI (Min) |
| Share Holding Pre Issue | 61,47,397 |
| Share Holding Post Issue | 78,60,997 |
Srinibas Pradhan Constructions IPO offers a total 20,73,600 shares. Out of which 19,200 (0.93%) allocated to QIB, 9,75,600 (47.05%) allocated to NII 9,74,400 (46.99%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 1,04,400 5.03% |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 19,200 0.93% |
|
| NII (HNI) Shares Offered | 9,75,600 47.05% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 9,74,400 46.99% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 20,73,600 100.00% |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
Founded in 2020, Srinibas Pradhan Constructions Limited (SPCL) is a well-known business in the utilities and infrastructure industry. Roads, highways, bridges, energy infrastructure, and mining infrastructure are among the projects the company works on. The creation of infrastructure projects in the areas of roads and highways, bridges and steel structures, civil construction, and industrial development are among the company's main operations.
In order to win infrastructure contracts in Odisha, the company participates in the bidding (tender) processes. The company provides its services to public sector organizations, commercial enterprises, and government agencies. Among the company's main advantages are its well-established reputation, varied portfolio, and skilled team.
| KPI | Values |
|---|---|
| ROE | 55.76% |
| ROCE | 71.01% |
| Debt/Equity | 1.08 |
| RoNW | 55.76% |
| P/BV | 3.58 |
| PAT Margin (%) | 7.34% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 10.71 | 10.45 |
| P/E (x) | 9.15 | 9.37 |
Srinibas Pradhan Constructions Limited C/O- Srinibas Pradhan, Near Chuakani Po-Lamtibaha, Jharsuguda, Odisha, 768216 Phone: +91 6645 251105 Email: [email protected] Website: https://www.srinibaspradhan.com/ |
Maashitla Securities Pvt. Ltd. Phone: +91-11-45121795-96 Email: [email protected] Website: https://maashitla.com/allotment-status/public-issues |