Srinibas Pradhan
Table of Contents
- 01 IPO Description
- 02 IPO Parameters
- 03 IPO Roadmap
- 04 GMP History
- 05Srinibas Pradhan IPO Market Lot
- 06 Srinibas Pradhan Constructions IPO Details
- 07 Srinibas Pradhan Constructions IPO Reservation
- 08 Srinibas Pradhan Constructions IPO Dates
- 09 Srinibas Pradhan Constructions IPO Promoters & Holding
- 10 Srinibas Pradhan Constructions IPO – Objects of the Issue
- 11 About Srinibas Pradhan Constructions IPO
- 12 Srinibas Pradhan Constructions IPO – Financial Report
- 13 Srinibas Pradhan Constructions IPO – Valuation (FY2025)
- 14 Srinibas Pradhan Constructions IPO – Peer Group Comparison
- 15 IPO Lead Managers aka Merchant Bankers
IPO PARAMETERS
IPO ROADMAP
Grey Market Premium HISTORY
| Date | GMP (₹) | Daily Change | Gain (%) |
|---|---|---|---|
| 10 Mar 2026 | ₹0.00 | - | 0.00% |
Srinibas Pradhan IPO MARKET LOT
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹235,200 |
| Retail Maximum | 2 | 2,400 | ₹235,200 |
| S-HNI Minimum | 3 | 3,600 | ₹352,800 |
| S-HNI Maximum | 8 | 9,600 | ₹940,800 |
| B-HNI Minimum | 9 | 10,800 | ₹1,058,400 |
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 |
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% |
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 |
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 | – |
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 | – |
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.
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 |
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 |
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. |
IPO Lead Managers aka Merchant BANKERS
- Novus Capital Advisors Private Limited