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SP

Srinibas Pradhan Constructions

Listed SME NSE SME · Civil Construction

Price Band

₹91.0–98.0

Issue Size

₹20.32 Cr

Lot Size

1,200 shares

Min Investment

₹235,200

GMP

+₹0.0 (0.0%)

Issue Price

₹98.0

calendar_month Important Dates

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IPO Open Date
Fri, 06 Mar 2026
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IPO Close Date
Tue, 10 Mar 2026
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Allotment Date
Wed, 11 Mar 2026
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Refund Initiation
Thu, 12 Mar 2026
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Credit of Shares
Thu, 12 Mar 2026
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Listing Date
Fri, 13 Mar 2026
Listing Price
₹98.0 +0.0%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

₹0.0

GMP %

0.0%

Est. Listing

₹98.0

schedule Updated: 14 Jul 2026 15:52

business About the Company

Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) is an infrastructure and utilities company engaged in delivering projects across transportation, energy, and industrial sectors. Core Operations SPCL focuses on executing a diverse range of infrastructure projects, primarily including: Roads and Highways: Development of rural roads, major district roads, and urban road networks using quality construction materials such as aggregates, sand, bitumen, and cement to ensure durability and performance. Bridges and Steel Structures: Construction of high-level bridges along with fabrication and erection of steel structures for bridges and industrial facilities. Civil Construction: Comprehensive civil works covering foundations, superstructures, multi-storey buildings, manufacturing units, and other industrial infrastructure. The company secures projects through competitive tendering processes and undertakes assignments across Odisha. Its clients include state government departments, central and state public sector enterprises, as well as private sector organizations. SPCL’s project portfolio spans road and bridge construction, irrigation and canal systems, civil infrastructure, and industrial development projects. The company has an order book of Rs. 18,406.95 lakhs. Competitive strengths: Established Reputation Experienced Workforce Strong Backward Integration Diverse Portfolio

payments Company Financials (₹ Cr)

As of 2025-09-30

Period Ended 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

Key Ratios

EPS

₹10.71

NAV

₹27.36

ROE

55.76%

ROCE

71.01%

RoNW

55.76%

P/B Value

3.58

P/E Ratio

9.15

Market Cap

₹77.04 Cr

PAT Margin

7.34%

Debt/Equity

1.08

Promoters

Ramakanta Pradhan and Srinibas Pradhan

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding the working capital requirements of the Company. 11.55 2 Repayment of portion of loan availed by our Company 1.00 3 General Corporate Purpose 2.21 4 Issue Expenses 2.03 Total 16.79

info Issue Details

Issue Type SME Book Built
Issue Size ₹20.32 Cr
Price Band ₹91.0 – ₹98.0
Issue Price ₹98.0
Lot Size 1,200 shares
Min Investment ₹235,200
Exchange NSE SME
Sector Civil Construction
Open Date 06 Mar 2026
Close Date 10 Mar 2026
Allotment 11 Mar 2026
Listing Date 13 Mar 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Maashitla Securities Pvt.Ltd.

Lead Managers / Book Running

account_balance Novus Capital Advisors Pvt.Ltd.

timeline IPO Timeline

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Open

06 Mar 2026

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Close

10 Mar 2026

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Allotment

11 Mar 2026

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Listing

13 Mar 2026

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