Srinibas Pradhan Constructions IPO Listing at 2.00% Premium at ₹100.05 Per Share
- March 13, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Srinibas Pradhan Constructions IPO listing: The Srinibas Pradhan Constructions IPO was subscribed 1.13 times till its closing. In this subscription, qualified institutional buyers (QIBs) received 1.13 times, and non-institutional investors (NIIs) received 1.57 times. The retail quota of the issue was subscribed to 46.99%. Before delving deeper into the topic, go through the details of the Srinibas Pradhan Constructions IPO.
Srinibas Pradhan Constructions IPO
The Srinibas Pradhan Constructions IPO: It is a book-building issue IPO of ₹20.32 crore and a fresh issue of 0.17 crore shares. The issue will be listed on NSE & SME on its tentative listing date, 13th March 2026. The Srinibas Pradhan Constructions IPO date is fixed between 6th March 2026 and 10th March 2026. The face value of Srinibas Pradhan Constructions IPO shares stands at ₹10 per share, and the IPO price band is set between ₹91 to ₹98 per share.
| IPO Allotment Date | 11th March 2026 |
| IPO Open Date | 6th March 2026 |
| IPO Close Date | 10th March 2026 |
| Refund Initiation | 12th March 2026 |
| Issue Size | 20,73,600 shares(agg. up to ₹20 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 1,200 Shares |
| Issue Price | ₹91 to ₹98 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE & SME |
| Listing Date | 13th March 2026 |
Srinibas Pradhan Constructions IPO Listing
On the NSE (National Stock Exchange), Srinibas Pradhan Constructions shares are listed at ₹100.05 per share, reflecting a listing premium of 2.00% over the issue price of ₹98.00 per share. The stock will list only on the NSE.
About Srinibas Pradhan Constructions IPO Listing
Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specialising in the execution of projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure. SPCL participates in competitive bidding processes for infrastructure projects across the state of Odisha, catering to state government departments, central and state public sector undertakings, as well as private corporate clients.
The company’s project portfolio covers roads, bridges, irrigation and canal works, civil construction, and industrial development.
- Established Reputation
- Experienced Workforce
- Strong Backward Integration
- Diverse Portfolio
Srinibas Pradhan Constructions Financials
The company’s financial analysis is essential before applying for the Srinibas Pradhan Constructions IPO. See the table for Srinibas Pradhan Constructions Limited’s financials.
| Year Ended | 31st Dec 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31 Mar 2023 (in cr.) |
| Assets | 56.67 | 55.76 | 20.83 | 6.50 |
| Total Income | 45.63 | 89.73 | 35.27 | 26.35 |
| Profit After Tax | 4.11 | 6.59 | 3.55 | 1.48 |
| EBITDA | 7.64 | 13.01 | 5.58 | 2.15 |
| Net Worth | 22.01 | 15.91 | 7.72 | 2.67 |
| Reserves and Surplus | 15.87 | 11.55 | 3.57 | 2.57 |
| Total Borrowings | 17.17 | 17.25 | 1.88 | 0.06 |
Explanation
Srinibas Pradhan Construction Limited’s revenue increased by 35% from ₹35.27 crores in March 2024 to ₹89.73 crores in March 2025. Moreover, the company’s PAT increased by 12% from ₹3.55 crore in March 2024 to ₹6.59 crore in March 2025.
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