Srinibas Pradhan Constructions Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 19,200 (1%) | — | ₹2 Cr |
| NII (HNI) | — | 975,600 (47%) | — | ₹956 Cr |
| Retail | — | 974,400 (47%) | — | ₹955 Cr |
| Market Maker | — | 104,400 (5%) | — | ₹10 Cr |
| Σ Total | — | 2,073,600 (100%) | — | ₹20,321 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹117,600 |
| Retail (Max) | 13 | 15,600 | ₹1,528,800 |
| S-HNI (Min) | 14 | 16,800 | ₹1,646,400 |
| B-HNI (Min) | 67 | 80,400 | ₹7,879,200 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 46 | 90 | 35 |
| EBITDA | 8 | 13 | 6 |
| Profit After Tax | 4 | 7 | 4 |
| Net Worth | 22 | 16 | 8 |
| Total Assets | 57 | 56 | 21 |
| Reserves & Surplus | 16 | 12 | 4 |
| Total Borrowing | 17 | 17 | 2 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the working capital requirements of the Company. – 11.55
- Repayment of portion of loan availed by our Company – 1.00
- General Corporate Purpose. –
Company Overview
Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specializing in the execution of projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure.
Core Business Activities
SPCL is actively engaged in infrastructure development across a range of sectors, with a primary focus on:
- Roads and Highways: Construction of rural, major district, and urban roads using high-quality materials such as aggregates, sand, tar, and cement to ensure long-lasting and reliable infrastructure.
- Bridges and Steel Structures: Execution of high-level bridges and steel structures for bridges and industrial sheds.
- Civil Construction: Delivery of comprehensive civil construction services including foundations, superstructures, multi-storied buildings, factories, and industrial facilities.
SPCL participates in competitive bidding processes for infrastructure projects across the state of Odisha, catering to state government departments, central and state public sector undertakings, as well as private corporate clients.
The company's project portfolio covers roads, bridges, irrigation and canal works, civil construction, and industrial development.
As on Feb 15, 2026, the company has reported consolidated Order Book of Rs. 18,406.95 lakhs.
Competitive strengths:
- Established Reputation
- Experienced Workforce
- Strong Backward Integration
- Diverse Portfolio