{"id":16266,"date":"2026-03-06T16:06:08","date_gmt":"2026-03-06T10:36:08","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=16266"},"modified":"2026-03-06T16:06:08","modified_gmt":"2026-03-06T10:36:08","slug":"srinibas-pradhan-constructions-ipo-opens-key-details-investors-shouldnt-miss","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/srinibas-pradhan-constructions-ipo-opens-key-details-investors-shouldnt-miss\/","title":{"rendered":"Srinibas Pradhan Constructions IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

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India\u2019s infrastructure sector continues to be a key driver of economic growth. Increasing government investment in highways, bridges, urban infrastructure and industrial development projects has created significant opportunities for construction companies involved in civil engineering and infrastructure development.<\/p>\n

Over the past few years, infrastructure spending has increased across both central and state government projects, particularly in roads, irrigation systems and industrial infrastructure. This growth has provided strong order book opportunities for construction companies executing public and private sector projects.<\/p>\n

Against this backdrop, Srinibas Pradhan Constructions Limited<\/strong> is set to open its IPO on March 6, 2026<\/strong>. Here is a detailed insight into Srinibas Pradhan Constructions Limited, its IPO, and the industry outlook.<\/p>\n

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About Srinibas Pradhan Constructions Ltd.<\/h1>\n

Incorporated in 2020<\/strong>, Srinibas Pradhan Constructions Limited operates in the infrastructure and utilities sector<\/strong>, focusing on the execution of civil and infrastructure development projects.<\/p>\n

The company undertakes projects related to roads, highways, bridges, electricity infrastructure and mining infrastructure<\/strong>.<\/p>\n

The company participates in competitive bidding processes for infrastructure projects across the state of Odisha<\/strong>, serving government departments, public sector undertakings and private clients.<\/p>\n

<\/span>Core Business Activities<\/span><\/h3>\n

Roads and Highways<\/strong>
Construction of rural roads, district roads and urban roads using materials such as aggregates, sand, tar and cement to ensure durable infrastructure.<\/p>\n

Bridges and Steel Structures<\/strong>
Execution of bridge projects including high level bridges and steel<\/a> structures used in industrial infrastructure.<\/p>\n

Civil Construction<\/strong>
Construction of foundations, superstructures, multi storey buildings, industrial facilities and infrastructure structures.<\/p>\n

The company\u2019s project portfolio includes roads, bridges, irrigation projects, canal works, civil construction and industrial infrastructure projects.<\/strong><\/p>\n

As of February 15, 2026<\/strong>, the company reported a consolidated order book of \u20b9184.07 crore<\/strong>.<\/p>\n

<\/span>Competitive Strengths<\/span><\/h3>\n

\u2022 Established reputation in infrastructure development projects
\u2022 Experienced workforce with project execution expertise
\u2022 Strong backward integration capabilities
\u2022 Diversified infrastructure project portfolio<\/p>\n

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Srinibas Pradhan Constructions Ltd. IPO Details<\/h1>\n

Srinibas Pradhan Constructions IPO is a book building issue of \u20b920.32 crore<\/strong>.<\/p>\n

The issue consists of:<\/p>\n

\u2022 Fresh Issue:<\/strong> 17,13,600 shares aggregating to \u20b916.79 crore
\u2022 Offer for Sale:<\/strong> 3,60,000 shares aggregating to \u20b93.53 crore<\/p>\n

The IPO price band is \u20b991 to \u20b998 per share<\/strong>.<\/p>\n

The IPO is managed by Novus Capital Advisors Private Limited<\/strong>, while Maashitla Securities Pvt. Ltd.<\/strong> is the registrar to the issue. The market maker for the issue is Rikhav Securities Ltd.<\/strong><\/p>\n

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Important IPO Timeline<\/h1>\n
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\n\n\n\n\n\n\n\n\n\n\n\n
Event<\/th>\nDate<\/th>\n<\/tr>\n<\/thead>\n
IPO Open Date<\/td>\nMarch 6, 2026<\/td>\n<\/tr>\n
IPO Close Date<\/td>\nMarch 10, 2026<\/td>\n<\/tr>\n
Allotment Date (Tentative)<\/td>\nMarch 11, 2026<\/td>\n<\/tr>\n
Initiation of Refunds<\/td>\nMarch 12, 2026<\/td>\n<\/tr>\n
Credit of Shares to Demat<\/td>\nMarch 12, 2026<\/td>\n<\/tr>\n
Listing Date (Tentative)<\/td>\nMarch 13, 2026<\/td>\n<\/tr>\n
Cut off time for UPI mandate confirmation<\/td>\n5 PM on March 10, 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
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Key IPO Details<\/h1>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Particular<\/th>\nDetails<\/th>\n<\/tr>\n<\/thead>\n
Face Value<\/td>\n\u20b910 per share<\/td>\n<\/tr>\n
Price Band<\/td>\n\u20b991 to \u20b998 per share<\/td>\n<\/tr>\n
Lot Size<\/td>\n1,200 Shares<\/td>\n<\/tr>\n
Total Issue Size<\/td>\n20,73,600 shares (\u20b920.32 Cr)<\/td>\n<\/tr>\n
Fresh Issue<\/td>\n17,13,600 shares<\/td>\n<\/tr>\n
Offer for Sale<\/td>\n3,60,000 shares<\/td>\n<\/tr>\n
Issue Type<\/td>\nBookbuilding IPO<\/td>\n<\/tr>\n
Listing At<\/td>\nNSE SME<\/td>\n<\/tr>\n
Market Cap (Pre IPO)<\/td>\n\u20b977.04 Cr<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
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Lot Size of Srinibas Pradhan Constructions Ltd. IPO<\/h1>\n
\n
\n\n\n\n\n\n\n\n
Application<\/th>\nLots<\/th>\nShares<\/th>\nAmount<\/th>\n<\/tr>\n<\/thead>\n
Retail (Min)<\/td>\n2<\/td>\n2,400<\/td>\n\u20b92,35,200<\/td>\n<\/tr>\n
Retail (Max)<\/td>\n2<\/td>\n2,400<\/td>\n\u20b92,35,200<\/td>\n<\/tr>\n
HNI (Min)<\/td>\n3<\/td>\n3,600<\/td>\n\u20b93,52,800<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereafter.<\/strong><\/p>\n

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Srinibas Pradhan Constructions Ltd. Financials<\/h1>\n

The Srinibas Pradhan Constructions IPO has a pre issue market capitalisation of \u20b977.04 crore<\/strong>.<\/p>\n

As of September 30, 2025<\/strong>, the company has demonstrated steady financial growth supported by project execution across infrastructure development segments.<\/p>\n

<\/span>Key Company Financials (\u20b9 Crore)<\/span><\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Period Ended<\/th>\n30 Sep 2025<\/th>\n31 Mar 2025<\/th>\n31 Mar 2024<\/th>\n31 Mar 2023<\/th>\n<\/tr>\n<\/thead>\n
Assets<\/td>\n56.67<\/td>\n55.76<\/td>\n20.83<\/td>\n6.50<\/td>\n<\/tr>\n
Total Income<\/td>\n45.63<\/td>\n89.73<\/td>\n35.27<\/td>\n26.35<\/td>\n<\/tr>\n
Profit After Tax<\/td>\n4.11<\/td>\n6.59<\/td>\n3.55<\/td>\n1.48<\/td>\n<\/tr>\n
EBITDA<\/td>\n7.64<\/td>\n13.01<\/td>\n5.58<\/td>\n2.15<\/td>\n<\/tr>\n
Net Worth<\/td>\n22.01<\/td>\n15.91<\/td>\n7.72<\/td>\n2.67<\/td>\n<\/tr>\n
Reserves and Surplus<\/td>\n15.87<\/td>\n11.55<\/td>\n3.57<\/td>\n2.57<\/td>\n<\/tr>\n
Total Borrowing<\/td>\n17.17<\/td>\n17.25<\/td>\n1.88<\/td>\n0.06<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Amount in \u20b9 Crore<\/strong><\/p>\n

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Key Performance Indicators (KPI)<\/h1>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
KPI<\/th>\n30 Sep 2025<\/th>\n31 Mar 2025<\/th>\n<\/tr>\n<\/thead>\n
ROE<\/td>\n22.53%<\/td>\n41.42%<\/td>\n<\/tr>\n
ROCE<\/td>\n24.16%<\/td>\n42.39%<\/td>\n<\/tr>\n
Debt to Equity<\/td>\n0.78<\/td>\n1.08<\/td>\n<\/tr>\n
RoNW<\/td>\n18.67%<\/td>\n41.42%<\/td>\n<\/tr>\n
PAT Margin<\/td>\n9.01%<\/td>\n7.34%<\/td>\n<\/tr>\n
EBITDA Margin<\/td>\n16.75%<\/td>\n14.50%<\/td>\n<\/tr>\n
Price to Book Value<\/td>\n3.50<\/td>\n4.83<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
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Srinibas Pradhan Constructions Ltd.: Industry Outlook<\/h1>\n

\u2022 Increasing government spending on highways, bridges and civil infrastructure projects.<\/p>\n

\u2022 Rising investments in national highways and rural road development programmes.<\/p>\n

\u2022 Infrastructure development initiatives across states under central government schemes.<\/p>\n

\u2022 Growing demand for civil construction services across transportation and industrial infrastructure projects.<\/p>\n

\u2022 Increasing opportunities for construction companies executing government infrastructure projects.<\/p>\n

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Conclusion<\/h1>\n

Srinibas Pradhan Constructions Limited operates in the infrastructure development sector with projects spanning roads, bridges and civil construction works. The company has developed experience in executing infrastructure projects and maintains an order book across multiple infrastructure segments.<\/p>\n

While the company has shown growth in its financial performance and project execution capabilities, investors should consider project execution risks, dependency on government infrastructure spending and valuation factors before making investment decisions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n

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