IPO market

Srinibas Pradhan Constructions IPO is a SME book building IPO. Issue size is 20 Cr. Price band is ₹91 to ₹98 per share. Minimum investment is ₹2.35 L. Lot size is 1200 shares. Open from 6 Mar 2026 to 10 Mar 2026. Allotment on 11 Mar 2026. Listing on 13 Mar 2026 at NSE. Managed by Novus Capital Advisors Private Limited Registrar: Maashitla Securities Private Limited. Key details for GMP, subscription, price, allotment, and listing in one place.
Live IPO subscription for Srinibas Pradhan Constructions IPO across categories. Total demand ₹23.34 L vs offered ₹19.69 L.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 19,200 | 21,600 | 1.13 |
| NII | 9,75,600 | 16,35,600 | 1.68 |
| NII (>10L) | 6,50,400 | 15,46,800 | 2.38 |
| NII (<10L) | 3,25,200 | 88,800 | 0.27 |
| Retail | 9,74,400 | 6,76,800 | 0.69 |
| Total | 19,69,200 | 23,34,000 | 1.19 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 179 | 10 | 0.06 |
| HNI (3-10L) | 90 | 16 | 0.18 |
| Retail | 406 | 282 | 0.69 |
| Total | 675 | 308 | 0.46 |
How to read QIB / NII / Retail demand and what it implies.