Srinibas Pradhan Constructions IPO
Srinibas Pradhan Constructions IPO Details
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Open Date
06 Mar 2026
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Close Date
10 Mar 2026
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Listing Date
13 Mar 2026
- IPO Price Range
₹ 91 to ₹98
- IPO Size
₹ 18.87 - 20.32 Cr
- Listing Exchange
NSE SME
Srinibas Pradhan Constructions IPO Timeline
Last Updated: 04 March 2026 1:33 PM by 5paisa
Srinibas Pradhan Constructions Limited (SPCL) is active in the infrastructure and utilities sector, focusing on projects in roads, highways, bridges, power infrastructure, and mining facilities. The company undertakes competitive bids across Odisha, serving state government departments, public sector undertakings, and private corporate clients. SPCL’s project portfolio spans roadways, bridges, irrigation and canal systems, civil construction, and industrial development.
Established in: 2020
Managing Director: Srinibas Pradhan
Peers:
1. AVP Infracon Limited
2. Sonu Infratech Limited
Srinibas Pradhan Constructions Objectives
1. Allocate funds to support the company’s working capital needs estimated at ₹ 11.55 crore
2. Partially repay existing loans, amounting to ₹ 1.00 crore
3. Use remaining funds for general corporate purposes
Strengths
1. Established reputation of Promoters since 2001.
2. Experienced engineering team ensures precise project execution.
3. Strong backward integration for key construction materials.
4. Ability to handle diverse projects including roads, bridges, dams, and buildings.
Weaknesses
1. Newly formed subsidiary may face workflow integration challenges.
2. Transition to new corporate structure requires effective change management.
3. Limited geographic presence despite technical capability.
4. Expansion in specific regions needs targeted marketing and networking.
Opportunities
1. Rising demand from ongoing state and national infrastructure projects.
2. Adoption of advanced construction technologies and sustainable practices.
3. Potential for strategic partnerships or joint ventures for larger projects.
4. Opportunity to leverage collaborations to enhance resources and expertise.
Threats
1. Economic downturns may reduce demand for construction services.
2. Rapid changes in government policies and regulations could impact operations.
3. Supply chain disruptions may delay project execution.
4. Material availability and delivery risks could affect business performance.
1. Rising capital expenditure and government focus on roads, railways, ports, and urban infrastructure create strong growth opportunities.
2. Significant private sector and global investment in infrastructure, including India-Japan partnerships, supports long-term development.
3. Expanding Tier II and Tier III cities offer new avenues for commercial real estate and infrastructure projects.
4. Growth in residential, aviation, and smart city initiatives drives demand for world-class infrastructure across India.
5. Strong economic growth and government prioritization of infrastructure position the sector for sustained expansion.
1. Expand and diversify the customer base by acquiring new clients while strengthening relationships with existing ones.
2. Enhance pre-qualification for government contracts to secure higher-value and more impactful projects.
3. Pursue backward integration to lower raw material costs and improve operational efficiency.
4. Extend operations beyond Odisha to tap new markets and increase regional presence.
- Companies
- Type
- Opening On
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Elfin Agro India
- SME
- 05th Mar
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FAQs
Srinibas Pradhan Constructions IPO opens from March 6, 2026 to March 10, 2026.
The size of Srinibas Pradhan Constructions IPO is approximately ₹20.32 crore.
The price band of Srinibas Pradhan Constructions IPO is fixed at ₹91 to ₹98 per share.
To apply for Srinibas Pradhan Constructions IPO, follow the steps given below:
1. Login to your 5paisa demat account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Srinibas Pradhan Constructions IPO.
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size is 2400 shares, requiring an investment of approximately ₹2,18,400.
The share allotment date of Srinibas Pradhan Constructions IPO is March 11, 2026.
The Srinibas Pradhan Constructions IPO will likely be listed on March 13, 2026.
Novus Capital Advisors Private Limited is the book-running lead manager.
1. Deploy funds to bolster working capital requirements ₹ 11.55 crore
2. Set aside ₹ 1.00 crore for partial loan repayment
3. Utilize balance for general corporate and strategic initiatives