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Srinibas Pradhan Constructions Ltd
Srinibas Pradhan Constructions Ltd
Registered Office : C/o-Srinibas Pradhan Nr.Chukan,PO-Lamtibahal,Jharsuguda Orissa 768216 Phone : +91 6645 251105
Fax :
Email : info@srinibaspradhan.in
Website : www.srinibaspradhan.com
Initial public offer of 20,73,600 equity shares of face value of Rs.10/- each (the "Equity shares") of Srinibas Pradhan Constructions Limited ("SPCL" or the "Company" or the "Issuer") at an offer price of Rs. 98 per equity share for cash, aggregating up to Rs. 20.32 Crores ("Public Offer") comprising of a fresh issue of 17,13,600 equity shares aggregating to Rs.16.79 Crores(the "Fresh Issue") and an offer for sale of 3,60,000 equity shares by the selling shareholders ("Offer For Sale") aggregating to Rs. 3.53 Crores comprising; 1,80,000 equity shares aggregating up to Rs. 1.76 Crores by Ramakanta Pradhan and 1,80,000 equity shares aggregating up to Rs.1.76 Crores by Srinibas Pradhan (Collectively Refferd as "Selling Shareholders") out of which 1,04,400 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 98 per equity share for cash, aggregating Rs. 1.02 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 19,69,200 equity shares of face value of Rs. 10/- each, at an offer price of Rs.98 per equity share for cash, aggregating up to Rs. 19.30 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 26.38% and 25.05% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 98/- for equity share of face value of Rs. 10 each. The floor price is 9.8 times of the face value of the equity shares. Bids can made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
Opens On
Closes On
06-Mar-2026
10-Mar-2026
Application
Allotment
98.00
0.00
Minimum Application for shares in Nos : 2400.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
14.76
20.32
7.86
98.00
Fast Track Finsec Pvt Ltd
- Funding the working capital requirements of our company
- Investment in its wholly ownded subsidiary
- Repayment of portion of loan availed by our company
- General corporate purpose
- Ramakanta Pradhan
- Srinibas Pradhan
- Jyotshna Pradhan
- NSE - SME
- Maashitla Securities Pvt Ltd