GMP IPO Watch
Srinibas Pradhan IPO
Srinibas Pradhan IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Srinibas Pradhan IPO Details
Key facts at a glance| IPO Open Date | 5 March 2026 | IPO Close Date | 9 March 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 12 March 2026 |
| Price Band | ₹91 - ₹98 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,35,200 |
| Total Issue Size | ₹98 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Srinibas Pradhan IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 5 March 2026 | Confirmed |
| IPO Close Date | 9 March 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 12 March 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Srinibas Pradhan IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,35,200 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,35,200 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹3,52,800 |
| S-HNI (Max) | 8 Lots | 9,600 Shares | ₹9,40,800 |
| B-HNI (Min) | 9 Lots | 10,800 Shares | ₹10,58,400 |
Srinibas Pradhan IPO Live GMP & Movement History
Daily unofficial grey market trends₹2.05 +2.1%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 10 Mar 2026 | ₹0 | ₹98.00 | +0.00% |
Srinibas Pradhan IPO Subscription Status
Demand breakdown by investor categoryAbout Srinibas Pradhan
Srinibas Pradhan IPO Reservation & Share Quotas
| Investor Category | Shares Offered | % of Shares |
|---|---|---|
| Anchor Investor | – Shares | – |
| QIB (Ex. Anchor) | 19,200 Shares | 0.93% |
| NII (HNI) | 9,75,600 Shares | 47.05% |
| Retail Shares Offered | 9,74,400 Shares | 46.99% |
Srinibas Pradhan IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 06 Mar 2026 |
| IPO Close Date | 10 Mar 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 13 Mar 2026 |
Note: The timeline for Srinibas Pradhan IPO is tentative and subject to change.
Srinibas Pradhan Constructions IPO Promoters & Holding
The promoters of the company are Mr. Ramakanta Pradhan and Mr. Srinibas Pradhan.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 61,47,397 | 85.27% |
| Promoter Holding Post Issue | 78,60,997 | – |
Srinibas Pradhan Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Srinibas Pradhan Constructions IPO
Srinibas Pradhan Constructions Limited (SPCL), founded in 2020, is a prominent company that works in the infrastructure and utilities sector. The firm is involved in handling projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure. The firm’s core activities include the development of infrastructure projects spanning sectors Roads and Highways, Bridges and Steel Structures, Civil Construction, and industrial development.
The company takes part in the bidding (tender) processes to win infrastructure projects in Odisha. The firm offers its services to government departments, public sector companies, and private businesses. Experienced workforce, diverse portfolio, and established reputation are some of the major strengths of the company.
Srinibas Pradhan Company Financial Report
To Be Updated Soon
Srinibas Pradhan Company Valuation & Key Performance Indicators
To Be Updated Soon
Srinibas Pradhan Peer Group Comparison
To Be Updated Soon
Srinibas Pradhan Lead Managers & Merchant Bankers
- Novus Capital Advisors Private Limited
Srinibas Pradhan IPO FAQs
Srinibas Pradhan IPO opens for subscription on 5 March 2026 and closes on 9 March 2026.
The price band for Srinibas Pradhan IPO is set at ₹91.00 to ₹98.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,35,200).
The latest Grey Market Premium (GMP) for Srinibas Pradhan IPO is ₹2.05. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Srinibas Pradhan IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 12 March 2026.
The registrar details will be confirmed in the official prospectus.