Srinibas Pradhan Constructions IPO Allotment Status, GMP, Subscription & How to Verify
The Srinibas Pradhan Constructions IPO allotment status is expected to be finalized on 11 March 2026. Investors who applied for this SME IPO can check whether they received shares through the registrar Maashitla Securities, BSE website, or NSE portal.
The IPO opened for subscription from 6 March to 10 March 2026, and the company plans to list its shares on the NSE SME platform on 13 March 2026.
Below are the latest GMP, subscription information, key dates, and a step by step guide to check your allotment status.
Srinibas Pradhan Constructions IPO Overview
| Detail | Information |
|---|---|
| Company | Srinibas Pradhan Constructions Ltd |
| IPO Type | SME IPO |
| Issue Size | ₹20 crore |
| Total Shares Offered | 20,73,600 shares |
| Price Band | ₹91 to ₹98 per share |
| Face Value | ₹10 per share |
| Lot Size | 1,200 shares |
| Minimum Investment | ₹1,17,600 |
| Listing Exchange | NSE SME |
| Registrar | Maashitla Securities Pvt Ltd |
| IPO Open Date | 6 March 2026 |
| IPO Close Date | 10 March 2026 |
The IPO includes a fresh issue and offer for sale aimed at funding working capital, repaying loans, and supporting general corporate purposes.
Srinibas Pradhan Constructions IPO GMP Today
The Grey Market Premium (GMP) for the IPO currently indicates neutral investor sentiment.
| Date | GMP | Expected Listing Price |
|---|---|---|
| Latest GMP | ₹0 | ₹98 |
With a GMP of ₹0, the expected listing price is close to the upper issue price of ₹98 per share, suggesting a flat listing expectation.
Srinibas Pradhan Constructions IPO Subscription Status
The Srinibas Pradhan Constructions IPO received moderate demand from investors during the subscription period. The issue was subscribed 1.13 times overall by the final day of bidding on 10 March 2026.
| Category | Subscription (Times) | Shares Offered | Shares Bid |
|---|---|---|---|
| QIB (Qualified Institutional Buyers) | 1.13x | 19,200 | 21,600 |
| NII (Non-Institutional Investors) | 1.57x | 9,75,600 | 15,31,200 |
| bNII (Above ₹10L) | 2.22x | 6,50,400 | 14,42,400 |
| sNII (Below ₹10L) | 0.27x | 3,25,200 | 88,800 |
| Retail Individual Investors (RII) | 0.69x | 9,74,400 | 6,76,800 |
| Total | 1.13x | 19,69,200 | 22,29,600 |
Total IPO Applications: 309 applications were received across categories.
Day-wise Subscription Trend
| Day | Total | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 (6 Mar 2026) | 0.09x | 0.00x | 0.03x | 0.14x |
| Day 2 (9 Mar 2026) | 1.01x | 1.13x | 1.54x | 0.46x |
| Day 3 (10 Mar 2026) | 1.13x | 1.13x | 1.57x | 0.69x |
Srinibas Pradhan Constructions IPO Important Dates
| Event | Date |
|---|---|
| IPO Opening Date | 6 March 2026 |
| IPO Closing Date | 10 March 2026 |
| Allotment Finalization | 11 March 2026 |
| Refund Initiation | 12 March 2026 |
| Shares Credited to Demat | 12 March 2026 |
| Listing Date | 13 March 2026 |
Shares allotted to investors will appear in demat accounts before the listing date.
How to Check Srinibas Pradhan Constructions IPO Allotment Status
You can verify your IPO allotment using the following methods.
1. Check Allotment on Registrar Website
- Visit the Maashitla Securities IPO allotment page.
- Select Srinibas Pradhan Constructions IPO from the dropdown.
- Choose one of the options:
- PAN number
- Application number
- DP Client ID
- Enter the captcha code.
- Click Submit to view your allotment status.
2. Check Allotment on NSE Website
- Visit the NSE IPO bid verification page.
- Select Equity as issue type.
- Choose Srinibas Pradhan Constructions Limited.
- Enter your PAN or application number.
- Click submit to check the result.
3. Check Allotment on BSE Website
- Visit the BSE IPO allotment page.
- Select Equity.
- Choose Srinibas Pradhan Constructions Ltd.
- Enter PAN or application number.
- Click Search to see your allotment details.
About Srinibas Pradhan Constructions
Srinibas Pradhan Constructions Limited is an infrastructure development company based in Odisha. The company executes projects in several sectors including:
- Roads and highways
- Bridges
- Irrigation and canal works
- Industrial and civil construction
- Electricity infrastructure
The company works with government departments, public sector undertakings, and private clients through competitive bidding for infrastructure projects.
Key Takeaways
- Srinibas Pradhan Constructions IPO opened 6 March 2026 and closed 10 March 2026.
- The allotment status is expected on 11 March 2026.
- The IPO price band was ₹91 to ₹98 per share.
- The latest GMP is ₹0, indicating a flat listing expectation.
- Shares are scheduled to list on NSE SME on 13 March 2026.
FAQs
Q. When will Srinibas Pradhan Constructions IPO allotment be announced?
The IPO allotment is expected to be finalized on 11 March 2026.
Q. What is the lot size for Srinibas Pradhan Constructions IPO?
The minimum lot size is 1,200 shares, requiring an investment of about ₹1,17,600 at the upper price band.
Q. What is the latest GMP of the IPO?
The latest Grey Market Premium is ₹0, suggesting a neutral listing outlook.
Q. When will the shares list on the stock exchange?
The shares are expected to list on the NSE SME platform on 13 March 2026.
Disclaimer
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