Srinibas Pradhan IPO GMP today is Rs 2.05. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
SRINIBASPRADHANCONSTRUCTIONS
Srinibas Pradhan IPO GMP, Subscription & Allotment Status Today
Srinibas Pradhan is a SME IPO with a price band of Rs 91.00 to Rs 98.00 that listed on 13 Mar 2026 at a listing gain of +2.09%. Track its full GMP history, subscription data and listing details here.
- Price Band
- ₹91.00 - ₹98.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 10 Mar 2026
- Listing Date
- 13 Mar 2026
Current GMP Status
₹2.05
+2.09% vs upper band
Est. Listing Gain
+2.09%
Last Trend
10 Mar 2026
Listing Price
₹100.05
Retail Entry
₹2,35,200
IPO Details
Complete IPO information
| Current GMP | ₹2.05 |
|---|---|
| Estimated Listing Gain | +2.09% |
| Price Band | ₹91.00 - ₹98.00 |
| Issue Price | Approx ₹98.00 Crores |
| Listing Price | ₹100.05 |
| Lot Size | 1,200 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 1.1x |
| Listing Date | 13 Mar 2026 |
| Minimum Investment | ₹2,35,200 |
Head-to-head
Compare Srinibas Pradhan IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Srinibas Pradhan is priced at ₹98 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,35,200 to participate in this SME issue.
The latest recorded Grey Market Premium for Srinibas Pradhan stands at ₹2.05, implying an estimated listing gain of around 2.09% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Srinibas Pradhan's IPO was subscribed 1.1x overall, with a category-wise breakdown of Retail 0.64x, QIB 1.13x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
06 Mar 2026
✓
Bidding Closes
10 Mar 2026
✓
Allotment
TBA
✓
Listing
13 Mar 2026
Grey Market Premium
Daily GMP status
Trend chart builds up as more daily GMP snapshots are recorded.
| Date | GMP | Change | Gain |
|---|---|---|---|
| 10 Mar 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,35,200 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,35,200 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,52,800 |
| S-HNI Maximum | 8 Lot | 9,600 | ₹9,40,800 |
| B-HNI Minimum | 9 Lot | 10,800 | ₹10,58,400 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Srinibas Pradhan Constructions IPO Details
| IPO Open Date | March 6, 2026 |
|---|---|
| IPO Close Date | March 10, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹91 to ₹98 Per Share |
| Issue Size | Approx ₹20.32 Crores |
| Fresh Issue | Approx ₹16.79 Crores |
| Offer for Sale | Approx 3,60,000 Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | NSE SME |
Analysis
Srinibas Pradhan Constructions IPO Reservation
| Investor Category | Shares Offered | % of Shares |
|---|---|---|
| Anchor Investor | – Shares | – |
| QIB (Ex. Anchor) | 19,200 Shares | 0.93% |
| NII (HNI) | 9,75,600 Shares | 47.05% |
| Retail Shares Offered | 9,74,400 Shares | 46.99% |
Analysis
Srinibas Pradhan Constructions IPO Dates
The Srinibas Pradhan Constructions IPO will open on March 6, 2026 and close on March 10, 2026. The allotment will be finalized on March 11, 2026 and the IPO is expected to list on March 13, 2026.
| Event | Date |
|---|---|
| IPO Open Date | March 6, 2026 |
| IPO Close Date | March 10, 2026 |
| Basis of Allotment | March 11, 2026 |
| Refunds | March 12, 2026 |
| Credit to Demat Account | March 12, 2026 |
| IPO Listing Date | March 13, 2026 |
| IPO Bidding Cut‑off Time | March 10, 2026 – 5 PM |
Analysis
Srinibas Pradhan Constructions IPO Promoters & Holding
The promoters of the company are Mr. Ramakanta Pradhan and Mr. Srinibas Pradhan.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 61,47,397 | 85.27% |
| Promoter Holding Post Issue | 78,60,997 | – |
Analysis
Srinibas Pradhan Constructions IPO – Objects of the Issue
| Purpose | Amount (₹ Crores) |
|---|---|
| Funding the working capital requirements of the Company | ₹11.55 |
| Repayment of portion of loan availed by our Company | ₹1.00 |
| General Corporate Purpose | – |
Analysis
About Srinibas Pradhan Constructions IPO
Srinibas Pradhan Constructions Limited (SPCL), founded in 2020, is a prominent company that works in the infrastructure and utilities sector. The firm is involved in handling projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure. The firm’s core activities include the development of infrastructure projects spanning sectors Roads and Highways, Bridges and Steel Structures, Civil Construction, and industrial development.
The company takes part in the bidding (tender) processes to win infrastructure projects in Odisha. The firm offers its services to government departments, public sector companies, and private businesses. Experienced workforce, diverse portfolio, and established reputation are some of the major strengths of the company.
Analysis
Srinibas Pradhan Constructions IPO – Financial Report
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | ₹26.35 | ₹24.37 | ₹1.48 | ₹6.50 |
| 2024 | ₹35.27 | ₹30.52 | ₹3.55 | ₹20.83 |
| 2025 | ₹89.73 | ₹80.92 | ₹6.59 | ₹55.76 |
| Sep 2025 | ₹45.63 | ₹40.07 | ₹4.11 | ₹56.67 |
Analysis
Srinibas Pradhan Constructions IPO – Valuation (FY2025)
| KPI | Values |
|---|---|
| ROE | 55.76% |
| ROCE | 71.01% |
| EBITDA Margin | 14.50% |
| PAT Margin | 7.34% |
| Debt to Equity Ratio | 1.08 |
| Earning Per Share (EPS) | ₹11.33 (Basic) |
| Price/Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 55.76% |
| Net Asset Value (NAV) | ₹27.36 |
Analysis
Srinibas Pradhan Constructions IPO – Peer Group Comparison
| Company | EPS (₹) | P/E Ratio | RoNW % | NAV (₹) | Income |
|---|---|---|---|---|---|
| AVP Infracon Limited | 9.29 | 11.84 | 16.29% | 63.80 | ₹195.73 Cr. |
| Sonu Infratech Limited | 5.28 | 15.74 | 8.34% | 69.10 | ₹71.94 Cr. |
Analysis
IPO Lead Managers aka Merchant Bankers
- Novus Capital Advisors Private Limited
FAQ
Srinibas Pradhan IPO FAQs
Srinibas Pradhan IPO price band is Rs 91.00 to Rs 98.00. Check the latest issue price, lot size and GMP together before applying.
Srinibas Pradhan IPO open date is 06 Mar 2026, close date is 10 Mar 2026, and listing date is 13 Mar 2026.
Srinibas Pradhan IPO lot size is 1,200 shares. The minimum retail investment is Rs 2,35,200.
Srinibas Pradhan is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Srinibas Pradhan IPO subscription status currently shows Retail 0.64x, QIB 1.13x, Overall 1.1x.
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