Srinibas Pradhan
13 Mar '26SME
Min. Investment
₹2,18,400
Issue size
₹20.32 Cr
GMP
Locked
Overall subscription: 1.08x
Check allotment status
Expert verdict
IPO dates
06 Mar
Opening
10 Mar
Closing
11 Mar
Allotment
13 Mar
Listing
*Refunds will be initiated on 12 Mar '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,35,200 |
Subscription (as on 20 March 2026, 06:30 PM)
Overall1.08x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2020|MD: Mr Srinibas Pradhan
- Srinibas Pradhan Construction is engaged in infrastructure development in the State of Odisha, with a primary focus on roads and highways, including rural roads, major district roads, and urban road projects. The company also undertakes the construction of bridges, high-level bridges, and steel structures used in bridge works and industrial sheds. Its civil construction activities cover foundations, superstructures, multi-storied buildings, factories, industrial facilities, irrigation works, and canal-related projects.
- The company executes projects primarily through participation in competitive bidding processes floated by government departments, state and central public sector undertakings, and other public authorities. It uses materials such as aggregate, sand, tar, cement, and steel to deliver infrastructure works as per project specifications and contractual requirements.
- The company operates with a P.W.D. Contractors Registration Certificate as a ‘B’ Class contractor in Odisha. Its wholly owned subsidiary, Srinibas Pradhan Infra Private Limited, holds an ‘A’ Class contractor registration, enabling participation in higher-value tenders. Together, they undertake projects across roads, bridges, civil, irrigation, and industrial construction segments within the state.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹91 to 98
Face value
₹10 per share
Financials
IPO reservation
QIB - 0.93%
HNI - 47.05%
Retail - 46.99%
Download DRHP (IPO Doc)FAQs
Should I apply for the Srinibas Pradhan IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Srinibas Pradhan IPO?
The issue size of Srinibas Pradhan IPO is ₹20.32 Cr
What are the open and close dates for Srinibas Pradhan IPO?
The Srinibas Pradhan IPO will be open for applications from 06 Mar '26 to 10 Mar '26
What is the lot size and minimum order quantity of Srinibas Pradhan IPO?
The lot size of Srinibas Pradhan IPO is 1200 Shares and its minimum investment amount is ₹2,18,400.
What is the GMP value of Srinibas Pradhan IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Srinibas Pradhan IPO is 0
