Srinibas Pradhan Constructions IPO Subscription Status

Clean Max Enviro Energy Solutions IPO Discussion

IPO Guru Community · 2026-02-12T10:40:11+05:30

Clean Max Enviro Energy Solutions IPO opened from 23 Feb to 25 Feb 2026 and listed on 02 Mar 2026 at ₹960 — a loss of -8.83% over the issue price of ₹1053.

The Srinibas Pradhan Constructions IPO has been subscribed 1.13x times overall. Retail investors have shown interest with bids for 0.69x the shares available. The Non-Institutional Investor (NII) category has been subscribed 1.68x. Qualified Institutional Buyers (QIBs) have subscribed 1.13x. Data last updated on 09 Apr, 05:11 PM.

The IPO subscription period has ended. The issue opened on 06 Mar, 2026 and closes on 10 Mar, 2026. The shares are expected to list on stock exchanges on 13 Mar, 2026.

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Live Subscription Data
Day-wise Subscription History
Allotment Probability
What Does This Subscription Data Mean?
Frequently Asked Questions

Total Subscription

1.13 x

QIB 1.13x

NII 1.68x

Retail 0.69x

Live Bidding

Category	Offered	Applied	Bid Details	TIMES
Anchor Investors	1,04,400	-	- of 1,04,400	--
QIB	19,200	21,600	21,600 of 19,200	1.13x
NII	9,75,600	16,35,600	16,35,600 of 9,75,600	1.68x
Retail	9,74,400	6,76,800	6,76,800 of 9,74,400	0.69x
TOTAL	20,73,600	23,34,000	23,34,000 -	1.13x

Last Updated: 09 Apr 2026, 05:11 PM

Subscription Insights

Retail Allotment

Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.

Day-wise Subscription History

Subscription trends over the last 3 days

Date	Total	QIB	NII	Retail
10 Mar 2026 DAY 3	1.13x	1.13x	1.68x	0.69x
QIB 1.13x NII 1.68x Retail 0.69x
09 Mar 2026 DAY 2	1x	1.13x	1.65x	0.46x
QIB 1.13x NII 1.65x Retail 0.46x
06 Mar 2026 DAY 1	0.08x	-	0.03x	0.14x
QIB -x NII 0.03x Retail 0.14x

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Srinibas Pradhan Constructions IPO Allotment Probability

Retail

High

Undersubscribed — full allotment likely

NII / HNI

1.68x

Proportionate allotment applies

QIB

1.13x

Moderate institutional demand

Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of Srinibas Pradhan Constructions IPO?

As of IPO close date (10 Mar, 2026), the Srinibas Pradhan Constructions IPO is subscribed 1.13x times. Retail category is 0.69x, and NII is 1.68x subscribed.

When is the allotment date for Srinibas Pradhan Constructions IPO?

The allotment for Srinibas Pradhan Constructions IPO is expected to be finalized on 11 March, 2026.

When will Srinibas Pradhan Constructions IPO list on the stock market?

Srinibas Pradhan Constructions is scheduled to list on BSE and NSE on 13 March, 2026.

What are the chances of getting allotment in Srinibas Pradhan Constructions IPO?

The retail category is currently undersubscribed at 0.69x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.

What does QIB subscription of 1.13x mean for Srinibas Pradhan Constructions IPO?

Moderate — QIBs have subscribed 1.13x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Srinibas Pradhan Constructions IPO allotment status?

After the allotment date (11 Mar, 2026), you can check your Srinibas Pradhan Constructions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.