Srinibas Pradhan Constructions IPO
The Srinibas Pradhan Constructions IPO was a ₹20.32 crore SME issue (fresh issue and offer for sale), open for bidding from 6 Mar to 10 March 2026 at a price band of ₹91 to ₹98. The final issue price was ₹98. Investors bid for 23,34,000 shares through 309 applications. Shares listed on NSE SME on 13 March 2026 at ₹100.05, 2.1% above the issue price, and closed the first day at ₹104.40.
- Listing gain at open
- +2.1%₹100.05 vs ₹98
- Issue price
- ₹98Band ₹91 to ₹98
- Lot size
- 1,200 sharesMinimum ₹2,35,200
- Issue size
- ₹20.32 crore
- Subscribed
- Not available
- Listed
- 13 Mar 2026NSE SME
Price and lots
Srinibas Pradhan Constructions IPO details
NSE issue details| Bidding dates | 6 Mar 2026 to 10 Mar 2026 |
| Listing date | 13 March 2026 |
| Price band | ₹91 to ₹98 |
| Final issue price | ₹98 |
| Face value | ₹10 per share |
| Lot size | 1,200 shares, minimum 2 lots for individuals |
| Minimum investment | ₹2,35,200 (2,400 shares, our calculation) |
| Issue size | ₹20.32 crore (our calculation from the NSE issue details) |
| Type of issue | 100 % Book Building, Fresh issue and offer for sale |
| Listed on | NSE SME |
| NSE symbol | SPCON |
| ISIN | INE0TPJ01019 |
| Lead managers | Novus Capital Advisors Private Limited |
| Registrar | Maashitla Securities Private Limited |
Subscription and listing
Srinibas Pradhan Constructions IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details| Category | Shares bid | Applications |
|---|---|---|
| QIBs | 21,600 | 1 |
| Non-institutional | 16,35,600 | 26 |
| Individual investors | 6,76,800 | 282 |
| Total | 23,34,000 | 309 |
For this SME issue NSE publishes shares bid and applications by category, not times subscribed.
Listing day
Our calculation: gains vs issue price| NSE | |
|---|---|
| Open | ₹100.05 |
| High | ₹105.05 |
| Low | ₹100.05 |
| Close | ₹104.40 |
| Gain at open | +2.1% |
| Gain at close | +6.5% |
| Shares traded | 5,24,400 |
Latest: closed at ₹213.80 on NSE on 6 November 2026, +118.2% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the Srinibas Pradhan Constructions IPO compares
Our calculation: 2026 SME IPOs on IPO24by7Among 78 SME IPOs of 2026 on our tracker, its listing gain of 2.1% at open ranks 34th of 75. By issue size it ranks 74th. The median listing-day gain at open for SME IPOs this year is +1.0%. See all 2026 IPOs with listing gains or the IPO calendar for March 2026.
Other SME IPOs listed in March 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| Apsis Aerocom | 18 Mar 2026 | ₹110 | - | +39.1% |
| Acetech E-Commerce | 9 Mar 2026 | ₹112 | - | 0.0% |
| Striders Impex | 6 Mar 2026 | ₹72 | - | −2.8% |
| Yaap Digital | 5 Mar 2026 | ₹145 | - | −12.4% |
| Mobilise App Lab | 2 Mar 2026 | ₹80 | - | −19.9% |
Allotment
Srinibas Pradhan Constructions IPO allotment status
- Open the registrar's pageMaashitla Securities Private Limited is the registrar. Open its allotment page.
- Select Srinibas Pradhan Constructions LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
Srinibas Pradhan Constructions IPO FAQs
What was the Srinibas Pradhan Constructions IPO price band?
The price band was ₹91 to ₹98 per share and the final issue price was ₹98. The face value is ₹10 per share.
What was the Srinibas Pradhan Constructions IPO lot size?
One lot was 1,200 shares. Individual investors had to apply for at least 2 lots, so the minimum was ₹2,35,200.
What was the Srinibas Pradhan Constructions IPO listing price?
It opened at ₹100.05 on NSE SME on 13 March 2026, a gain of 2.1% over the issue price of ₹98 (our calculation). It closed the day at ₹104.40.
How do I check Srinibas Pradhan Constructions IPO allotment status?
Maashitla Securities Private Limited is the registrar. Select Srinibas Pradhan Constructions Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the Srinibas Pradhan Constructions IPO a fresh issue or an offer for sale?
Fresh issue and offer for sale, as stated in the NSE issue details.
Who were the lead managers of the Srinibas Pradhan Constructions IPO?
Novus Capital Advisors Private Limited.
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.