Srinibas Pradhan Constructions SME IPO GMP History
Srinibas Pradhan Constructions SME IPO has been listed on March 13, 2026 at a listing price of ₹100.05, against the issue price of ₹98 — a gain of ₹2.05 (+2.09%). The GMP peaked at ₹0 on 12 March 2026 and reached a low of ₹0 on 12 March 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Srinibas Pradhan Constructions SME IPO raised ₹20.32 Cr. through its IPO at a price band of ₹91 to ₹98 per share, with a lot size of 1200 shares. The IPO was open for subscription from 06 Mar 2026 to 10 Mar 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 25 Aug, 12:55 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 12 Mar 2026 | ₹ 0 | — | -- | — | — |
| 11 Mar 2026 | ₹ 0 | — | -- | — | — |
| 10 Mar 2026 | ₹ 0 | — | -- | — | — |
| 09 Mar 2026 | ₹ 0 | — | -- | — | — |
| 07 Mar 2026 | ₹ 0 | — | -- | — | — |
| 06 Mar 2026 | ₹ 0 | — | -- | — | — |
| 05 Mar 2026 | ₹ 0 | — | -- | — | — |
| 04 Mar 2026 | ₹ 0 | — | -- | — | — |
| 02 Mar 2026 | ₹ 0 | — | -- | — | — |
Srinibas Pradhan Constructions SME IPO dates
Key dates from opening to listing. Today is 13 October.
- Open 06 Mar 2026
- Close 10 Mar 2026
- Allotment 11 Mar 2026
- Refund/credit 12 Mar 2026
- Listing 13 Mar 2026
Srinibas Pradhan Constructions SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹98 |
|---|---|
| Listing gain / loss | +₹2.05 per share |
| Listing date | 13 Mar, 2026 |
| Actual listing price | ₹100.05 (+2.09%) |
Is Srinibas Pradhan Constructions SME IPO GMP reliable?
Grey market premium for Srinibas Pradhan Constructions SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Srinibas Pradhan Constructions SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Srinibas Pradhan Constructions SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Srinibas Pradhan Constructions SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Srinibas Pradhan Constructions SME IPO
Srinibas Pradhan Constructions is an infrastructure development company with a focus on executing civil construction projects across various segments. Established by experienced promoter Srinibas Pradhan, the company has gradually built its presence by undertaking government and private sector projects. Over the years, it has developed capabilities in road construction, building works, and other infrastructure activities, supported by a skilled workforce and project execution expertise.
The company’s business model is centred on securing contracts through tenders and delivering projects within defined timelines and budgets. Its services include construction, project management, and maintenance of infrastructure assets. With a strong emphasis on quality and compliance, the company primarily operates in regional markets while aiming to expand its footprint by leveraging its track record and industry relationships.
Frequently asked
What is the GMP of Srinibas Pradhan Constructions SME IPO?
The current Grey Market Premium (GMP) of Srinibas Pradhan Constructions SME IPO is not yet started or active in the market.
What is the Kostak Price of Srinibas Pradhan Constructions SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Srinibas Pradhan Constructions SME IPO is not available.
What is the Subject to Sauda Price of Srinibas Pradhan Constructions SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Srinibas Pradhan Constructions SME IPO?
Srinibas Pradhan Constructions SME IPO listed on March 13, 2026 at ₹100.05, against the issue price of ₹98 — a gain of +2.09%.
How did the GMP of Srinibas Pradhan Constructions SME IPO trend before listing?
The GMP of Srinibas Pradhan Constructions SME IPO was stable in its final days before listing. The GMP peaked at ₹0 on 12 March 2026. View the day-wise table above for the complete GMP history.
Explore Srinibas Pradhan Constructions SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
