Srinibas Pradhan Constructions IPO
Srinibas Pradhan Constructions IPO is a book built issue of ₹20,73,600 crores. The issue is a combination of a fresh issue and an offer for sale. The subscription opens on 06 Mar '26 and closes on 10 Mar '26, with the basis of allotment expected to be finalised on 11 Mar '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 13 Mar '26. The price band is set at ₹91 to ₹98 per share with a minimum lot size of 1,200 shares. Novus Capital Advisors Private Limited is the book-running lead manager, while Maashitla Securities Pvt Ltd is the registrar of the issue; for detailed information, refer directly to the official Srinibas Pradhan Constructions IPO .
Free Demat with Zero AMC*
Srinibas Pradhan Constructions IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs) | 50% | 10,36,800 crores |
| Retail Individual Investors (RIIs) | 50% | 10,36,800 crores |
About Srinibas Pradhan Constructions Ltd IPO
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 Activities
SPCL 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.
Srinibas Pradhan Constructions IPO Strengths & Weaknesses
Established Reputation
Experienced Workforce
Strong Backward Integration
Diverse Portfolio
Srinibas Pradhan Constructions IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 20,73,600 shares (aggregating up to ₹2,35,200 crores) |
| Fresh Issue | 1,60,920 shares (aggregating up to ₹16,09,200 crores) |
| Offer for Sale | 36,000 shares of ₹10 (aggregating up to ₹3,60,000 crores) |
| Issue Type | Bookbuilding IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 6147397 shares |
| Post-Issue Shareholding | 7860997 shares |
Srinibas Pradhan Constructions IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Srinibas Pradhan Constructions ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Srinibas Pradhan Constructions IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Srinibas Pradhan Constructions IPO Contact & Registrar Details
Contact Details
Address
C O Srinibas Pradhan Near Chuakani Po Lamtibaha Jharsuguda Jharsuguda Jharsuguda
Phone Number
Registrar Details
Registrar Name
Maashitla Securities Pvt Ltd
Phone Number
Srinibas Pradhan Constructions Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Novus Capital Advisors Private Limited |
