How to Check Srinibas Pradhan Constructions IPO Allotment Status

Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specialising in the execution of projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure.

The company 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), Bridges and Steel Structures (execution of high-level bridges and steel structures for bridges and industrial sheds), and 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 February 15, 2026, the company has reported a consolidated Order Book of ₹18,406.95 lakhs.

Srinibas Pradhan Constructions IPO is a book build issue of ₹20.32 crore, comprising a fresh issue of 0.17 crore shares aggregating to ₹16.79 crore and an offer for sale of 0.04 crore shares aggregating to ₹3.53 crore. The IPO opened on March 6, 2026, and closed on March 10, 2026. The allotment is expected on Wednesday, March 11, 2026. The share price band was set at ₹91 to ₹98 per share.

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Steps to Check Srinibas Pradhan Constructions IPO Allotment Status on Registrar Site

• Visit the Maashitla Securities Pvt. Ltd.
• Select "Srinibas Pradhan Constructions" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Srinibas Pradhan Constructions IPO Allotment Status on BSE/NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Srinibas Pradhan Constructions" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Srinibas Pradhan Constructions IPO Subscription Status

Srinibas Pradhan Constructions IPO subscribed 1.13 times overall. Here is the category-wise breakdown as of 5:54:59 PM on March 10, 2026:

• QIB Category (Ex Anchor): 1.13 times
• Non-Institutional Investors (NII): 1.57 times
• Individual Investors: 0.69 times

Srinibas Pradhan Constructions IPO Share Price and Investment Details

The minimum investment required was ₹2,35,200 for 2 lots (2,400 shares) for individual investors. The issue includes a reservation of up to 1,04,400 shares for the market maker, Rikhav Securities Ltd. Given the overall subscription of 1.13 times with modest institutional interest at 1.13 times, moderate NII participation at 1.57 times, and weak individual investor subscription at 0.69 times, the share price listing expectations remain cautious.

Utilisation of IPO Proceeds

The proceeds will be utilised for funding the working capital requirements of the Company (₹11.55 crore), repayment of a portion of loan availed by the Company (₹1.00 crore), and general corporate purposes.

Business Overview

Srinibas Pradhan Constructions Limited is primarily engaged in infrastructure development across various domains, with a prime focus on roads, highways, and bridges. The company marked steady growth in its top and bottom lines for the reported periods. However, many information points are missing from its offer documents.

The company demonstrated financial performance with total income of ₹89.73 crore for FY2025 and a net worth of ₹22.01 crore as of September 30, 2025. The company benefits from an established reputation, an experienced workforce, strong backward integration, and a diverse portfolio. However, investors should note the post-issue P/E ratio of 9.37 and Price to Book Value of 3.58.