Srinibas Pradhan Constructions Limited
ListedSMEConstruction · NSE
Incorporated in 2020, Srinibas Pradhan Constructions Limited (SPCL) works in the infrastructure and utilities sector and focuses on projects related to roads, highways, bridges, electricity and mining infrastructure. The company mainly develops rural, district and urban roads using quality materials like aggregates, sand, tar and cement to build durable infrastructure. It also undertakes construction of high level bridges and steel structures for bridges and industrial sheds. Along with this, SPCL provides complete civil construction services such as foundations, superstructures, multi storey buildings, factories and other industrial projects. The company takes part in competitive bidding for infrastructure projects across Odisha and serves state government departments, public sector undertakings and private corporate clients. Its project portfolio includes roads, bridges, irrigation and canal works, civil construction and industrial development, and as of 15 February 2026, the company has a consolidated order book of Rs. 18,406.95 lakhs.
Price Band
₹91 – ₹98
Issue Size
₹207.36 L Cr
Lot Size
1200 shares
GMP
—
Est. Listing
₹98
at current GMP
Subscribed
1.19x
overall
Open
6 Mar 2026
Close
10 Mar 2026
Allotment
11 Mar 2026
Refund
12 Mar 2026
Demat Credit
13 Mar 2026
Listing
13 Mar 2026
Last updated 7 months ago
Live Grey Market Premium
Srinibas Pradhan Constructions Limited GMP Today
Last updated: 13 Mar 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹98
Band: ₹91 – ₹98
Estimated Listing Price
₹98
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,17,600
Estimated Profit / Lot
₹0
1200 × ₹0
Srinibas Pradhan Constructions Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | — | 0.0% | ₹98 |
| 26 Sep 2026 | — | 0.0% | ₹98 |
| 25 Sep 2026 | — | 0.0% | ₹98 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Srinibas Pradhan Constructions Limited Public Issue & Market Profile
Srinibas Pradhan Constructions Limited is bringing an initial public offering (IPO) in the Construction sector with an aggregate issue size of ₹20,73,600 Crores. The shares are offered at a price band of ₹91 to ₹98 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2026-03-10, the basis of allotment is scheduled to be finalized on 2026-03-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Srinibas Pradhan Constructions Limited IPO GMP today?
The latest grey market premium for Srinibas Pradhan Constructions Limited IPO is ₹0, which indicates an expected listing price of ₹98.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.