SRINIBAS PRADHAN CONSTRUCTIONS IPO Overview
SRINIBAS PRADHAN CONSTRUCTIONS IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹20 Cr. The IPO price band is set at ₹91 to ₹98 per share, and retail investors can apply with a minimum investment of ₹2.35 L as per IPO guidelines.
The SRINIBAS PRADHAN CONSTRUCTIONS IPO opens on 6 Mar 2026 and closes on 10 Mar 2026. The IPO allotment is expected to be finalized on 11 Mar 2026, and the equity shares are proposed to be listed on NSE on 13 Mar 2026.
Investors can refer to the SRINIBAS PRADHAN CONSTRUCTIONS IPO RHP-DRHP for detailed information. The issue is managed by Novus Capital Advisors Private Limited as the book running lead manager, while Maashitla Securities Private Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About SRINIBAS PRADHAN CONSTRUCTIONS
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
Investment Objective
Repayment of portion of loan availed by our Company
General Corporate Purpose.
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