The Srinibas Pradhan IPO was subscribed overall 1.13 times on the last day, while the retail quota was subscribed 0.69 times, QIB subscribed 1.13 times, and the NII quota subscribed 1.57 times, respectively.  Â
Srinibas Pradhan IPO Listing Details
| Listing Date | March 13, 2026 |
| BSE Code | – |
| NSE Code | – |
| ISIN Code | – |
| Offer Price | â‚ą91 to â‚ą98 |
| Face Value | â‚ą10 |
| Listing Price | – |
Details about Srinibas Pradhan IPOÂ Â
Srinibas Pradhan has received approval from SEBI for an IPO of â‚ą20.32 crores via fresh issue of â‚ą16.79 crores and offer for sale up to 3,60,000 equity shares with a face value of â‚ą10 each.
Moreover, the company has set up a price band between â‚ą91 to â‚ą98 per share.
In this IPO, a total of 2,400 shares were available in 2 lot sizes for the minimum Retail category and maximum Retail category. S-HNI (Min) has a total of 3,600 shares in 3 lot sizes. S-HNI (Max) has a total of 9,600 shares in 8 lot sizes. B-HNI (Min) has a total of 10,800 shares in 9 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum & Maximum investment of â‚ą2,35,200.Â
- S-HNI (Minimum): Minimum investment of â‚ą3,52,800.
- S-HNI (Max): Maximum investment of â‚ą9,40,800
- B-HNI (Min): Minimum investment of â‚ą10,58,400
Subscription duration of the Srinibas Pradhan IPOÂ
The opening date of the Srinibas Pradhan IPO subscription was March 6, 2026, and the closing date was March 10, 2026. The Srinibas Pradhan IPO allotment was finalized on March 11, 2026, and the IPO listing is on March 12, 2026.
Funds Deployment of This Company
- Funding of Working Capital requirements
- Some funds for the repayment of the loan taken by the companyÂ
- General Corporate Purpose
About the Srinibas Pradhan IPOÂ
Incorporated in 2020, Srinibas Pradhan Construction Limited (SPCL) is one of the leading companies that is involved in the infrastructure and utilities sector. The company takes part in the bidding (tender) processes to win infrastructure projects in Odisha. The firm is involved in handling projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure.
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. The firm’s core activities include the development of infrastructure projects spanning sectors, such as Roads and Highways, Bridges and Steel Structures, Civil Construction, and industrial development.
Srinibas Pradhan Constructions IPO Company Financial Report
The company reported revenue of â‚ą89.73 crores in 2025 against â‚ą35.27 crores in 2024. The company reported a profit of â‚ą6.59 crores in 2025 against a profit of â‚ą3.55 crores in 2024.
