Srinibas Pradhan Constructions Ltd.
SRINIBHASSME
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Overview
Srinibas Pradhan Constructions Limited is an infrastructure development company primarily focused on projects in the state of Odisha. Its operations, originating from a proprietorship established in 2001, cover a wide range of services including the construction of roads, highways, high-level bridges, steel structures, and various civil construction projects like multi-storied buildings and industrial facilities. The company secures contracts through competitive bidding with government bodies, PSUs, and corporate entities, leveraging its 'B' Class P.W.D. contractor registration and its wholly-owned subsidiary's 'A' Class registration for higher-value tenders.
Opening Date
Mar 06, 2026
Closing Date
Mar 10, 2026
Listing Date
Mar 13, 2026
IPO Type
SME
IPO Status
Closed
Issue Size
20.32 Cr
Fresh Issue
16.79 Cr
Offer for Sale
3.53 Cr
Price Band
₹91 - ₹98
Lot Size
1200
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
The main objectives of the issue are to utilize the net proceeds from the Fresh Issue for the following purposes:
- •
Funding the working capital requirements of the company to support the execution of projects and business expansion, with an estimated amount of ₹11.55 Crores.
- •
Repayment or prepayment, in full or in part, of certain loans availed by the company to reduce debt service obligations, with an estimated amount of ₹1.00 Crores.
- •
Funding general corporate purposes, which may include meeting operating expenses, strengthening business development, strategic initiatives, and funding growth opportunities.
Key Performance Indicator
P/E Ratio
9.15
EPS
10.71
ROE
21.67%
ROCE
29.79%
RONW
21.67%
Debt to Equity Ratio
—
PAT Margin
9.01%
EBITDA Margin
16.76%
P/B
3.58
SWOT Analysis
Strengths
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Established reputation and extensive industry experience of the Promoters since 2001.
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Possesses a skilled and experienced workforce of engineers ensuring high-quality project execution.
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Strong backward integration for sourcing key raw materials like bricks and sand, ensuring supply chain stability and competitive pricing.
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Maintains a diverse portfolio of projects including roads, bridges, dams, and multi-storied buildings.
Weaknesses
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Potential challenges from the recent integration of its wholly-owned subsidiary, requiring effective change management.
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Operations are heavily concentrated in the state of Odisha, creating a limited geographic presence.
Opportunities
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Capitalize on the increasing infrastructure development initiatives at both state and national levels.
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Enhance operational efficiency and competitive edge by integrating advanced and sustainable construction technologies.
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Explore strategic partnerships or joint ventures to undertake larger and more complex infrastructure projects.
Threats
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Economic downturns could lead to reduced construction budgets and lower demand for services.
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Changes in government policies and regulations in the construction sector may create operational and compliance challenges.
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Potential for supply chain disruptions due to unforeseen events, affecting timely project delivery.
Subscription Rate
Frequently Asked Questions about Srinibas Pradhan Constructions Ltd.
Srinibas Pradhan Constructions Limited is an infrastructure development company primarily focused on projects in the state of Odisha. Its operations, originating from a proprietorship established in 2001, cover a wide range of services including the construction of roads, highways, high-level bridges, steel structures, and various civil construction projects like multi-storied buildings and industrial facilities. The company secures contracts through competitive bidding with government bodies, PSUs, and corporate entities, leveraging its 'B' Class P.W.D. contractor registration and its wholly-owned subsidiary's 'A' Class registration for higher-value tenders.
The Srinibas Pradhan Constructions Ltd. IPO is scheduled to open for subscription on Mar 06, 2026 and close on Mar 10, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Srinibas Pradhan Constructions Ltd. IPO is ₹91 to ₹98. Investors can place bids within this range once the issue opens.
The minimum lot size for the Srinibas Pradhan Constructions Ltd. IPO is 1200 shares. The minimum investment amount ₹1,17,600.
The total issue size of the Srinibas Pradhan Constructions Ltd. IPO is approximately ₹20.32. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Srinibas Pradhan Constructions Ltd. IPO has been subscribed 1.01 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Srinibas Pradhan Constructions Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Srinibas Pradhan Constructions Ltd. are expected to list on stock exchanges on Mar 13, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Srinibas Pradhan Constructions Ltd. IPO are proposed to be used for The main objectives of the issue are to utilize the net proceeds from the Fresh Issue for the following purposes:, Funding the working capital requirements of the company to support the execution of projects and business expansion, with an estimated amount of ₹11.55 Crores., Repayment or prepayment, in full or in part, of certain loans availed by the company to reduce debt service obligations, with an estimated amount of ₹1.00 Crores., Funding general corporate purposes, which may include meeting operating expenses, strengthening business development, strategic initiatives, and funding growth opportunities.
Before applying for the Srinibas Pradhan Constructions Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
