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Srinibas Pradhan Constructions IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Srinibas Pradhan Constructions Limited Day Wise IPO GMP Trend
GMP Date Issue Price Expected Listing Price GMP Last Updated
March 03, 2026 ₹ 98 ₹ 98 ₹0(0.0%) 03 March 2026; 01:04 PM

Srinibas Pradhan Constructions Limited IPO GMP

Srinibas Pradhan Constructions Limited (SPCL) is an India‑based infrastructure and construction company primarily serving the domestic market. The company undertakes civil construction works such as roads, bridges, buildings, industrial structures, and related infrastructure projects. Revenue is earned through execution of government, PSU and corporate construction contracts. Its operations are supported by in‑house project management, execution capabilities and equipment deployment across project sites in India.

Srinibas Pradhan Constructions an Book Built Issue, amounting to ₹ 20.32 Crore,consisting an fresh issue of 0.17 crore shares aggregating to  16.79 crores and offer for sale of  0.04 crore shares aggregating to  3.53 crores The subscription period for the Srinibas Pradhan Constructions IPO opens on March 06, 2026, and closes on March 10, 2026. The allotment is expected to be finalized on or about 11 March, 2026, Wednesday, and the shares will be listed on the NSE with a tentative listing date set on or about Friday, March 13, 2026.

The Share Price Band of Srinibas Pradhan Constructions IPO is set at ₹91 to ₹98 per share  per equity share. The Market Capitalisation of the Srinibas Pradhan Constructions at IPO price of ₹98  per equity share will be ₹77.04 Cr. The lot size of the IPO is 1,200 shares. Retail investors are required to invest a minimum of  235,200, 2 lots ( 2,400 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 3 lots ( 3,600 shares), amounting to  352,800.

NOVUS CAPITAL ADVISORS PRIVATE LIMITED, the book running lead manager of the Srinibas Pradhan Constructions Ltd. while MAASHITLA SECURITIES PRIVATE LIMITED is the registrar for the issue.The Market Maker of the company is Rikhav Securities Ltd.

Srinibas Pradhan Constructions Limited IPO GMP Today
The Grey Market Premium of Srinibas Pradhan Constructions IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Srinibas Pradhan Constructions Limited IPO Live Subscription Status Today: Real-Time Update
As of 06:30 PM on March 10, 2026, the Srinibas Pradhan Constructions IPO live subscription status shows that the IPO subscribed 1.13 times on its Final Day of subscription period. Check the Srinibas Pradhan Constructions IPO Live Subscription Status Today at BSE.

Srinibas Pradhan Constructions Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Srinibas Pradhan Constructions IPO allotment date is 11 March, 2026, WednesdaySrinibas Pradhan Constructions IPO Allotment will be out on 11 March, 2026, Wednesday, and will be live on Registrar Website from the allotment date.
MAASHITLA SECURITIES PRIVATE LIMITED IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Srinibas Pradhan Constructions IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Srinibas Pradhan Constructions Limited IPO
Srinibas Pradhan Constructions 
to utilise the Net Proceeds towards the following objects:
1. ₹1155.00 Lakhs is required for Funding the working capital requirements of our Company
2. ₹100.00 Lakhs is required for Repayment of portion of loan availed by our Company
3. General Corporate Purposes.

Refer to Srinibas Pradhan Constructions Limited RHP for more details about the Company.

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