IPO Issue Details
Issue Price / Price Band₹98 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size20,73,600 shares (agg. up to ₹20 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital & OFS
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 06 Mar 2026
Subscription CloseTue, 10 Mar 2026
Anchor AllotmentThu, 05 Mar 2026
Basis of AllotmentWed, 11 Mar 2026
Initiation of RefundsThu, 12 Mar 2026
Credit of Shares to DematThu, 12 Mar 2026
Listing DateFri, 13 Mar 2026
UPI Mandate Deadline5:00 PM on 10 Mar 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,35,200 — 2,400 shares
Retail — Max (13 Lots)₹1,528,800 (13 Lots)
HNI — Min (3 Lots)₹3,52,800 — 3,600 shares
EPS (Pre-IPO)₹10.71
EPS (Post-IPO)₹10.45
P/E Ratio (Pre-IPO)9.15x
P/E Ratio (Post-IPO)9.37x
Net Offer to Public19,69,200 shares (agg. up to ₹19 Cr)
Reserved for Market Maker1,04,400 shares (agg. up to ₹1 Cr)
Pre-IPO Promoter Holding61,47,397 shares
Post-IPO Promoter Holding78,60,997 shares
Fresh Issue Shares16,09,200 shares (agg. up to ₹16 Cr)
Offer for Sale Shares3,60,000 shares of ₹10 (agg. up to ₹4 Cr)
About Srinibas Pradhan Constructions Ltd
Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specializing in the execution of projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure.Core Business ActivitiesSPCL is actively engaged in infrastructure development across a range of sectors, with a primary focus on:Roads and Highways: Construction of rural, major district, and urban roads using high-quality materials such as aggregates, sand, tar, and cement to ensure long-lasting and reliable infrastructure.Bridges and Steel Structures: Execution of high-level bridges and steel structures for bridges and industrial sheds.Civil Construction: Delivery of comprehensive civil construction services including foundations, superstructures, multi-storied buildings, factories, and industrial facilities.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.As on Feb 15, 2026, the company has reported consolidated Order Book of Rs. 18,406.95 lakhs.Competitive strengths:Established ReputationExperienced WorkforceStrong Backward IntegrationDiverse Portfolio
Objects of the Issue
Srinibas Pradhan Constructions Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding the working capital requirements of the Company.
11.55
2
Repayment of portion of loan availed by our Company
1.00
3
General Corporate Purpose.
Shareholding & Lock-in
Pre-IPO Promoter Holding
61,47,397 shares
Post-IPO Promoter Holding
78,60,997 shares