Srinibas Pradhan Constructions Limited IPO
Srinibas Pradhan Constructions Limited IPO
SME NSE SME 100% Book Built Offer
Closed

Price Band

₹91 - ₹98

Total Issue

₹20 Cr

Bid Dates

06 Mar - 10 Mar

Subscription

1.19x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹77.04 Cr

P/E Ratio

8.65x

P/B Ratio

3.58x

Srinibas Pradhan IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Srinibas Pradhan is engaged in infrastructure development with a primary focus on roads and highways, including rural roads, major district roads and urban road projects. The Company undertakes construction using materials such as aggregate, sand, tar and cement to ensure durability and structural reliability. Its capabilities extend to the construction of high-level bridges and steel structures for bridges and sheds, along with comprehensive civil construction services covering foundations, superstructures, multi-storied buildings, factories and industrial facilities. It secures projects through competitive bidding processes and executes contracts across Odisha in segments such as roads, bridges, irrigation and canals, and other civil and industrial works.

Srinibas Pradhan IPO Lot Size

Lot Information for Srinibas Pradhan IPO
Category Lots Shares Amount
Ind (Min) 2 2,400 ₹2,35,200
Ind (Max) 2 2,400 ₹2,35,200
S-HNI (Min) 3 3,600 ₹3,52,800
S-HNI (Max) 8 9,600 ₹9,40,800
B-HNI (Min) 9 10,800 ₹10,58,400
Allocate Funds
Market Maker
1,04,400 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Srinibas Pradhan IPO Size

Total ₹20.32 Cr
Fresh Issue
₹17 Cr (0.17 Cr Shares)
Offer For Sale
₹4 Cr (0.04 Cr Shares)

Objects of Issue

  1. Funding the working capital requirements of the Company
  2. Repayment/prepayment, in full or part, of certain loans availed by the Company
  3. General Corporate Purpose

Srinibas Pradhan IPO IPO Live Subscription

Updated as on 10-Mar-2026 19:00:04 hrs

Category Sub (x) Offered Bids
QIB 1.13x 19,200 21,600
NII 1.57x 9,75,600 15,31,200
bHNI 2.22x 6,50,400 14,42,400
sHNI 0.27x 3,25,200 88,800
Individual Investor 0.69x 9,74,400 6,76,800
Total 1.13x 19,69,200 22,29,600

Srinibas Pradhan IPO IPO Details Live GMP

GMP ₹0
Est. Price ₹98
Est. Gain 0.00%

Srinibas Pradhan IPO Peer Comparison

(Rs. in crores)

Srinibas Pradhan IPO Peer Comparison Table
Particulars Srinibas Pradhan AVP Infracon Sonu Infratech
Revenue 89.68 292.81 170.30
PAT 6.59 33.27 11.04
EPS (₹) 6.89 9.29 5.28
NAV (₹) 35.81 63.80 69.10
RONW 21.67% 16.29% 8.34%
EBITDA 14.50% 20.70% 14.11%
PAT Mrgn 7.34% 11.36% 6.48%
PE Ratio 8.65 11.84 15.74

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 12, 2026 for Peers

Srinibas Pradhan IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Srinibas Pradhan IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue 45.59 89.68 35.27 26.35
PAT 4.11 6.59 3.55 1.48
Net Worth 22.01 15.91 7.72 2.67
Borrowings 17.17 17.25 1.88 0.06
Assets 56.67 55.76 20.83 6.50
NAV (₹) 35.81 27.36 13.96 82.05
EPS (₹) 6.89 11.33 64.25 93.13

Key Performance Indicators (KPIs)

EBITDA

14.50%

PAT

7.34%

ROE

55.76%

ROCE

71.01%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

85.27%

Public

14.73%

Ramakanta Pradhan 39.86%
Srinibas Pradhan 45.41%

Management

Ramakanta Pradhan Chairman
Srinibas Pradhan MD
Durga Tripathy CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Srinibas Pradhan Constructions Limited

Address: Plot No. 813, Khata No. 106/548, Brajraj Nagar, Chhualiberna, Jharsuguda, Belpahar Rs, Jharsuguda, Belpahar, Orissa, India, 768217

Number: +91 6645 251105

Email: cs@srinibaspradhan.com

Website: https://www.srinibaspradhan.com

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Frequently Asked Questions (FAQs)

What is Srinibas Pradhan IPO?
Srinibas Pradhan IPO is a SME IPO having an issue size of ₹20 Crs. Srinibas Pradhan IPO is priced at ₹91 - ₹98 per share. The issue opens on 06 Mar 26 and closes on 10 Mar 26.
When will Srinibas Pradhan IPO open?
Srinibas Pradhan IPO opens on 06 Mar 26 and closes on 10 Mar 26.
What is the GMP of Srinibas Pradhan IPO?
The estimated Grey Market Premium of Srinibas Pradhan IPO is ₹0 per share (0.00%).
What is the lot size of Srinibas Pradhan IPO?
The minimum lot size of Srinibas Pradhan IPO is 1200 shares & the minimum application amount is Rs. 117600.
When is the allotment of Srinibas Pradhan IPO?
The allotment date of Srinibas Pradhan IPO is 11 Mar 26.
What is the listing date of Srinibas Pradhan IPO?
The listing date of Srinibas Pradhan IPO is 13 Mar 26.
What is the subscription of Srinibas Pradhan IPO?
Srinibas Pradhan IPO is subscribed 1.19 times.
What is the price band of Srinibas Pradhan IPO?
Srinibas Pradhan IPO is priced at ₹91 - ₹98 per share.
How to check allotment status of Srinibas Pradhan IPO?
Click the allotment link on Srinibas Pradhan IPO page of IPO360.
How to apply Srinibas Pradhan IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Srinibas Pradhan IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Srinibas Pradhan IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Srinibas Pradhan IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date