Srinibas Pradhan Constructions SME IPO
Srinibas Pradhan Constructions IPO — date, price band, GMP & allotment 2026
Srinibas Pradhan Constructions SME IPO opened for subscription from 6 March 2026 to 10 March 2026 and was listed on the NSE SME platform. The company was incorporated in 2020 and operates in the infrastructure and civil construction sector. Its business model focuses on executing government and private infrastructure projects such as roads, highways, bridges and civil works. The company mainly operates in Odisha, undertaking projects through tender-based contracts and infrastructure development activities.
Stock price
Srinibas Pradhan Constructions is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 September.
- Open 06 Mar 2026
- Close 10 Mar 2026
- Allotment 11 Mar 2026
- Refund/credit 12 Mar 2026
- Listing 13 Mar 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 6 to 10 Mar, 2026 |
|---|---|
| Price Band | ₹91 – ₹98 |
| Face Value | ₹10 |
| Lot Size | 1200 Shares |
| Issue Size | ₹20.32 Cr |
| Sale Type | book build |
| Listing On | NSE SME |
| Registrar | Maashitla Securities Private Limited |
| Min Investment | ₹ 2,35,200 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 1200 shares at the ₹98 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 2,400 | ₹2,35,200 |
| Retail (max) | 2 | 2,400 | ₹2,35,200 |
| HNI (min) | 3 | 3,600 | ₹3,52,800 |
Three years of numbers
All figures in ₹ crore, as reported in the Srinibas Pradhan Constructions offer document.
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 56.67 | 55.76 | 20.83 | 6.50 |
| Total Income | 45.63 | 89.73 | 35.27 | 26.35 |
| Profit After Tax | 4.11 | 6.59 | 3.55 | 1.48 |
| EBITDA | 7.64 | 13.01 | 5.58 | 2.15 |
| NET Worth | 22.01 | 15.91 | 7.72 | 2.67 |
| Reserves and Surplus | 15.87 | 11.55 | 3.57 | 2.57 |
| Total Borrowing | 17.17 | 17.25 | 1.88 | 0.06 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Srinibas Pradhan Constructions RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Srinibas Pradhan Constructions IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹10.45 |
| P/E Ratio (x) | 9.37 |
| Market Cap at Offer Price (₹ Cr) | ₹38.54 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹98 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹12.55 Cr of the issue is earmarked to named objects.
About the company
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.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 6645 251105
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
NOVUS CAPITAL ADVISORS PRIVATE LIMITED (Formerly known as Fast Track Finsec Private Limited)
3 issues handled1 of their issues has listed so far, and 1 opened above the issue price (average +4.9%). That is too small a sample to read as a hit rate.
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Srinibas Pradhan Constructions?
The current Grey Market Premium is ₹0.
What is the Srinibas Pradhan Constructions IPO price band?
₹91 to ₹98, on a face value of ₹10.
When is the allotment?
The basis of allotment is 11 March 2026, with listing on 13 March 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Maashitla Securities Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
