1.18xsubscribed
Srinibas Pradhan Constructions IPO
1.18xsubscribed
Engineering - Construction
listed
1.18xsubscribed
₹2.18LMin. investment
Srinibas Pradhan Constructions Limited IPO Details
Sector
Engineering - Construction
Issue size
₹20Cr
IPO type
SME
Market cap
₹77.04CrLower than sector avg
Price range
₹91.00 – ₹98.00
Listing exchange
NSE
RevenueApr 5 - Mar 6
₹89.68CrLower than sector avg
Listing date
13 Mar 2026
Lot size
1200 shares
Red Herring Prospectus
Read
Growth rate3Y CAGR
84.48%Higher than sector avg
SectorEngineering - Construction
Price range₹91.00 – ₹98.00
IPO type
SME
Lot size1200 shares
Issue size₹20Cr
Red Herring Prospectus
Read
Market cap
₹77.04CrLower than sector avg
RevenueApr 5 - Mar 6
₹89.68CrLower than sector avg
Growth rate3Y CAGR
84.48%Higher than sector avg
Srinibas Pradhan Constructions IPO Subscription Status
As on 06-Mar-26, 5:30 PM
Srinibas Pradhan Constructions IPO Timeline
- Pre-apply5 Mar 2026
- Bid start6 Mar 2026
- Bid end10 Mar 2026
- Allotment11 Mar 2026
- Release of funds12 Mar 2026
- Demat transfer12 Mar 2026
- Listing13 Mar 2026
About Srinibas Pradhan Constructions Limited
Srinibas Pradhan Constructions is an Odisha-based infrastructure company engaged in construction of roads, highways, bridges and civil structures along with industrial buildings and maintenance works. The company executes projects largely through government tenders and private contracts which is supported by its wholly owned subsidiary which holds an A-class contractor license, allowing it to bid for higher-value projects. In FY25 out of total revenue, 70.23% came from road and bridge construction, 23.82% from industrial and other buildings, 5.53% from maintenance and a small contribution from equipment rental (0.42%). The business is largely B2B driven with 91.19% revenue came from non-government clients in FY25. Revenue is a mix of direct contracts (54.36%) and subcontracted work (45.64%).
As of February 2026 the company’s order book stood at ₹184.07 crore with a mix of road, bridge, industrial and civil projects at different execution stages. These projects are secured through a structured tender process and executed using in-house capabilities which are supported by on-site laboratories for quality testing of materials like concrete, soil, and aggregates. The company follows an asset-light procurement model by sourcing raw materials such as cement, steel and aggregates from third parties.
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Objectives of Srinibas Pradhan Constructions Limited IPO
Working capital
68.78%
General corporate purposes
25.27%
Repayment of loan
5.95%
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Srinibas Pradhan Constructions IPO Contact Details
Company NameSrinibas Pradhan Constructions Limited
How to apply for Srinibas Pradhan Constructions IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.