SME
IPO ·
NSE SME
Srinibas Pradhan Constructions Ltd
Listed
Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specializing in the execution of projects related to roads, highways, bridges, electricity infrastructure, an
Issue details
Price band
₹91 – ₹98
Face value
₹10
Lot size
1,200 shares
Minimum investment
₹2,35,200
Issue size
₹20.32 Cr
Fresh issue
₹15.77 Cr
Offer for sale
₹3.53 Cr
Issue type
Book Built
Exchange
NSE SME
Key dates
Opens
6 Mar 2026
Closes
10 Mar 2026
UPI mandate cut-off
5:00 PM on 10 Mar 2026
Allotment
11 Mar 2026
Refunds
12 Mar 2026
Shares in demat
12 Mar 2026
Listing
13 Mar 2026
Subscription and listing
Subscription
1.13x
Listing price
₹100.05
Registrar
Maashitla Securities Pvt Ltd
Lead manager
Novus Capital Advisors
Subscription by category
Total
1.13x
Total applications
306
Listing day
Issue price
₹98
Open
₹100.05
High
₹105.05
Low
₹100.05
Day close
₹104.40
Listing gain at open
+2.09%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
19,200
0.93%
NII Shares Offered
9,75,600
47.05%
bNII > ₹10L
6,50,400
31.37%
sNII < ₹10L
3,25,200
15.68%
Retail Shares Offered
9,74,400
46.99%
Market Maker Shares Offered
1,04,400
5.03%
Total Shares Offered
20,73,600
100.00%
Finaccle’s quick read
Apply
FY25 income up 154%, PAT up 86%, ROE 21.67%, D/E 0.78, post-issue P/E 9.37x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) operates in the infrastructure and utilities sector, specializing in the execution of projects related to roads, highways, bridges, electricity infrastructure, and mining infrastructure. Core Business Activities SPCL is actively engaged in infrastructure development across a range of sectors, with a primary focus on: Roads and Highways: Construction of rural, major district, and urban roads using high-quality materials such as aggregates, sand, tar, and cement to ensure long-lasting and reliable infrastructure.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
21.67%
ROCE
29.79%
Debt / equity
0.78
PAT margin
9.01%
P/E post issue
9.37
Market cap
₹77.04 Cr
Use of IPO money
Funding the working capital requirements of the Company.
₹11.55 Cr
Repayment of portion of loan availed by our Company
₹1.00 Cr
General Corporate Purpose
₹2.21 Cr
Issue Expenses
₹2.03 Cr
Strengths
✓
: Established Reputation Experienced Workforce Strong Backward Integration Diverse Portfolio
✓
Revenue up 154% in FY25 to ₹89.73 Cr
✓
PAT up 86% in FY25 to ₹6.59 Cr
✓
ROE of 21.67% and ROCE of 29.79%
✓
Moderate leverage: debt to equity 0.78
Risks to watch
!
SME platform: large lot size and thinner trading liquidity
!
Modest PAT margin of 9.01%
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.