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HomeIPOSrinibas Pradhan Constructions

About Srinibas Pradhan Constructions

Srinibas Pradhan Constructions Limited (SPCL) was incorporated in the year 2020 and operates in the infrastructure and utilities industry. The company specializes in the execution of projects related to roads and highways, bridges, electricity infrastructure, and mining infrastructure. Srinibas Pradhan Constructions Limited is actively engaged in the development of infrastructure in various sectors. The company primarily focuses on the development of the following sectors: Roads and Highways: The company focuses on the construction of rural roads, major district roads, and urban roads using high-quality materials such as aggregates, sand, tar, and cement. Bridges and Steel Structures: The company executes high-level bridges and steel structures for bridges and industrial sheds. Civil Construction: The company provides comprehensive civil construction services. SPCL participates in competitive bids for infrastructure projects in the state of Odisha. The company serves various sectors of the government of Odisha, public sector undertakings of the state and central governments, and private corporate sectors.The company executes projects related to roads and highways, bridges, irrigation and canal works, civil construction, and industrial development. As of Feb 15, 2026, the company has reported a consolidated Order Book of Rs. 18,406.95 lakhs.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Srinibas Pradhan Constructions

Srinibas Pradhan Constructions

Open Date

Mar 6, 2026

Close Date

Mar 10, 2026

listed

Min Investment

₹2,35,200

Lot Size

1200 Shares

Issue Size

₹20.32 Cr

Price Range

₹91 - ₹91

Listing Date

Mar 13, 2026

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Srinibas Pradhan Constructions IPO - Issue Objectives

The company will utilise ₹11.55 crore for working capital requirement The company will utilise ₹1 crore for repaying the portion of loan availed by the company. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Working capital

68.78%

Repayment of loan

5.95%

General corporate purposes

25.27%

1

Working capital

The company will utilise ₹11.55 crore for working capital requirement

68.78%
2

Repayment of loan

The company will utilise ₹1 crore for repaying the portion of loan availed by the company.

5.95%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

25.27%

IPO Subscription Status

QIB
1.13x
NII
1.68x
Total
1.19x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Srinibas Pradhan Constructions

In Cr.

Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue45.6389.7335.2726.35
EBITDA7.6413.015.582.15
Expenses
Profit After Tax4.116.593.551.48
Assets56.6755.7620.836.50
Net Worth22.0115.917.722.67
Reserves15.8711.553.572.57
Borrowing17.1717.251.880.06

Srinibas Pradhan Constructions - Promoter(s)

Mr. Ramakanta Pradhan

Mr. Srinibas Pradhan

Pre Issue Share Holding

85.27%

Post Issue Share Holding

N/A

Contact Details

Srinibas Pradhan Constructions

C/O- Srinibas Pradhan, Near Chuakani Po-Lamtibaha, Jharsuguda, Jharsuguda, Jharsuguda, Odisha, 768216

+916645251105
cs@srinibaspradhan.com
N/A

Registrar Contact Details

Maashitla Securities Pvt.Ltd.

+91-11-45121795
Investor.ipo@maashitla.com
https://maashitla.com/allotment-status/public-issues

Srinibas Pradhan Constructions IPO - FAQs

Srinibas Pradhan Constructions IPO is a SME IPO. The issue is priced at 91-₹98. The minimum order quantity is 1200 Shares. The IPO opens on 6 Mar, and closes on 10 Mar. Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2026-03-05
  • Bidding Starts2026-03-06
  • Bidding Ends2026-03-10
  • Allotment Finalisation2026-03-11
  • Release of Funds2026-03-12
  • Demat Transfer2026-03-12
  • Listing2026-03-13