NSE List Price : ₹100.05

subscription

Category	Times
QIBs	1.13x
HNIs	1.68x
Retail	0.69x
Total : 1.19x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	2	2,400	₹235,200
Retail Maximum	2	2,400	₹235,200
S-HNI Minimum	3	3,600	₹352,800
S-HNI Maximum	8	9,600	₹940,800
B-HNI Minimum	9	10,800	₹1,058,400

About the Company

Srinibas Pradhan Constructions Limited (SPCL), established in 2020, operates as a key player in the infrastructure and utilities industry. The company undertakes projects related to the development of roads, highways, bridges, power infrastructure, and mining-related facilities. Its primary operations include executing infrastructure projects across sectors such as Roads and Highways, Bridges and Steel Structures, Civil Engineering Works, and Industrial Development.

The company actively participates in tendering processes to secure infrastructure contracts in Odisha. It provides services to government bodies, public sector undertakings, and private sector clients. A skilled workforce, a diversified project portfolio, and a strong industry reputation serve as some of the company’s key strengths.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2023	₹26.35	₹24.37	₹1.48	₹6.50
2024	₹35.27	₹30.52	₹3.55	₹20.83
2025	₹89.73	₹80.92	₹6.59	₹55.76
Sep 2025	₹45.63	₹40.07	₹4.11	₹56.67

Company Promoter

Mr. Ramakanta Pradhan

Mr. Srinibas Pradhan

Know before investing

• • Strengths

  Experienced Promoters & Established Industry Presence: The Company is guided by seasoned Promoters, including Mr. Srinibas Pradhan (active in the industry since 2001) and Mr. Ramakanta Pradhan, whose extensive experience and leadership provide strong expertise in the construction and infrastructure domain.

  Strong Backward Integration: The Company maintains efficient sourcing arrangements for essential materials such as bricks, sand, and other construction inputs, supporting supply chain reliability, improved cost management, and better quality supervision.

• • Risks

  Subsidiary Integration Risk: The recent formation of a wholly owned subsidiary could present challenges related to operational coordination, process synchronization, and structural adjustments, requiring effective management of the transition.

  Supply Chain Disruption Risk: Events such as natural calamities or disruptions in global supply chains may hinder the timely availability of materials, potentially delaying project execution and impacting overall operational timelines.

Objects of the Issue & Utilisation of proceeds

Funding the working capital requirements of the Company.
Repayment of portion of loan availed by our Company.
General Corporate Purpose.

Company  Address

Srinibas Pradhan Constructions Ltd.
C/O- Srinibas Pradhan, Near Chuakani Po-Lamtibaha,
Jharsuguda, Jharsuguda,
Jharsuguda, Odisha, 768216
Phone: +91 6645 251105
Email: cs@srinibaspradhan.com
Website: https://www.srinibaspradhan.com/

IPO Registrar

Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues

Srinibas Pradhan Constructions IPO FAQs

IPO Review

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