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Srinibas Pradhan Constructions IPO

Srinibas Pradhan Constructions IPO

SPCON

₹1,17,600 / 1200 shares

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Srinibas Pradhan Constructions IPO Details

RHP/DRHP

Issue Date

06 Mar - 10 Mar'26

Price Range

₹91 - ₹98

Lot Size

1200

IPO Size

₹20.32 Cr

Srinibas Pradhan Constructions IPO Listing Details

Listing On

13 Mar'26

Issue Price

₹98

Listed Price

₹ 100.05

Retail Gain/Listing Gain

▲2.09%

Schedule of Srinibas Pradhan Constructions IPO

Start date

06/03/2026

End date

10/03/2026

Allotment of bids

11/03/2026

Refund Initiation

12/03/2026

Listing on exchange

13/03/2026

Srinibas Pradhan Constructions IPO Subscription Status Live

(Last updated on 10 Mar 2026 04:45 PM)

Srinibas Pradhan Constructions IPO Subscription Rate

About Srinibas Pradhan Constructions IPO

Srinibas Pradhan Constructions IPO opens on March 6, 2026 and closes on March 10, 2026. The allotment of shares will take place on March 11, 2026. The credit of shares to the Demat account will take place on March 12, 2026. The initiation of refunds will also take place on March 12, 2026. The listing of shares will take place on March 13, 2026.

The IPO of Srinibas Pradhan Constructions comprises a fresh issue aggregating up to ₹16.79 crores. There is also an offer for sale in this IPO of up to ₹3.53 crores. The lot size of shares in the IPO is 2 lots (2,400 Shares) and the price band of shares is ₹91 to ₹98 per share. The minimum investment amount required by a retail investor is ₹2,35,200 based on the upper band price. The minimum lot for retail investors is 2 lots (2,400 shares).

Founded in 2001, Srinibas Pradhan Constructions is engaged in the business of developing infrastructure projects. The primary focus is on roads and highways; including rural roads, district roads, and urban roads. The company is also focused in building bridges and steel structures. Its project execution is currently focused purely in the state of Odisha. The company gets 70.2% revenues from roads and bridges and 23.8% from construction of industrial buildings.

Objectives of Srinibas Pradhan Constructions IPO

The company proposes to utilise the IPO proceeds for:

● Funding the working capital requirements of the company ● Part repayment / prepayment of loans taken by the company ● General corporate purposes

Srinibas Pradhan Constructions IPO FAQs

The Srinibas Pradhan Constructions IPO opens for subscription from 06-03-2026 to 10-03-2026, with a total issue size of ₹20.32 Cr. The IPO price band is ₹91 to ₹98 per share with a lot size of 1200. The company aims to list the shares on BSE & NSE on 13-03-2026.

The Srinibas Pradhan Constructions IPO will open for subscription on 06-03-2026 and will close on 10-03-2026 for investors.

The minimum lot size for the Srinibas Pradhan Constructions IPO is 1200 equity shares, requiring a minimum investment of ₹117600 for retail investors applying in the IPO.

The price band of the Srinibas Pradhan Constructions IPO has been fixed at ₹91 to ₹98 per equity share.

You can apply for the Srinibas Pradhan Constructions IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.

Srinibas Pradhan Constructions IPO allotment will take place on 11-03-2026.

You can check the Srinibas Pradhan Constructions IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.

Srinibas Pradhan Constructions shares will list on the stock exchanges on 13-03-2026.

You can find detailed information about the Srinibas Pradhan Constructions IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).

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