Srinibas Pradhan Constructions IPO Details
| IPO Open Date | March 6, 2026 |
| IPO Close Date | March 10, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹91 to ā¹98 Per Share |
| Issue Size | Approx ā¹20.32 Crores |
| Fresh Issue | Approx ā¹16.79 Crores |
| Offer for Sale: | Approx 3,60,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Srinibas Pradhan Constructions IPO Review & Key Points
- Review: Neutral
Srinibas Pradhan Constructions IPO Market Lot
The Srinibas Pradhan IPO minimum market lot is 2,400 shares with ā¹2,35,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ā¹2,35,200 |
| Retail Maximum | 2 | 2,400 | ā¹2,35,200 |
| S-HNI Minimum | 3 | 3,600 | ā¹3,52,800 |
| S-HNI Maximum | 8 | 9,600 | ā¹9,40,800 |
| B-HNI Minimum | 9 | 10,800 | ā¹10,58,400 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 19,200 Shares | 0.93% |
| NII Shares Offered | 9,75,600 Shares | 47.05% |
| Retail Shares Offered | 9,74,400 Shares | 46.99% |
Srinibas Pradhan Constructions IPO Dates
The Srinibas Pradhan IPO date is March 6 and the close date is March 10. The Srinibas Pradhan Constructions IPO allotment will be finalized on March 11 and the IPO listing on March 13.
| IPO Open Date: | March 6, 2026 |
| IPO Close Date: | March 10, 2026 |
| Basis of Allotment: | March 11, 2026 |
| Refunds: | March 12, 2026 |
| Credit to Demat Account: | March 12, 2026 |
| IPO Listing Date: | March 13, 2026 |
| IPO Bidding Cut-off Time: | March 10, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Ramakanta Pradhan and Mr. Srinibas Pradhan.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 61,47,397 | 85.27% |
| Promoter Holding Post Issue | 78,60,997 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding the working capital requirements of the Company. | ā¹11.55 |
| Repayment of portion of loan availed by our Company | ā¹1.00 |
| General Corporate Purpose | – |
About Srinibas Pradhan Constructions IPO
Srinibas Pradhan Constructions Limited (SPCL), founded in 2020, is a prominent company that works in the infrastructure and utilities sector. The firm is involved in handling projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure. The firm’s core activities include the development of infrastructure projects spanning sectors Roads and Highways, Bridges and Steel Structures, Civil Construction, and industrial development.
The company takes part in the bidding (tender) processes to win infrastructure projects in Odisha. The firm offers its services to government departments, public sector companies, and private businesses. Experienced workforce, diverse portfolio, and established reputation are some of the major strengths of the company.
Srinibas Pradhan Constructions IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹26.35 | ā¹24.37 | ā¹1.48 | ā¹6.50 |
| 2024 | ā¹35.27 | ā¹30.52 | ā¹3.55 | ā¹20.83 |
| 2025 | ā¹89.73 | ā¹80.92 | ā¹6.59 | ā¹55.76 |
| Sep 2025 | ā¹45.63 | ā¹40.07 | ā¹4.11 | ā¹56.67 |
Srinibas Pradhan Constructions IPO Valuation – FY2025
Check Srinibas Pradhan IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 55.76% |
| ROCE: | 71.01% |
| EBITDA Margin: | 14.50% |
| PAT Margin: | 7.34% |
| Debt to equity ratio: | 1.08 |
| Earning Per Share (EPS): | ā¹11.33 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 55.76% |
| Net Asset Value (NAV): | ā¹27.36 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| AVP Infracon Limited | 9.29 | 11.84 | 16.29% | 63.80 | 195.73 Cr. |
| Sonu Infratech Limited | 5.28 | 15.74 | 8.34% | 69.10 | 71.94 Cr. |
IPO Lead Managers aka Merchant Bankers
- Novus Capital Advisors Private Limited
Company Address
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 Registrar
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
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Note: The Srinibas Pradhan Constructions IPO price band and date are officially announced. The (Srinibas Pradhan Constructions IPO grey market premium) will be added to the IPO GMP page as it will start).
