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Srinibas Pradhan Constructions IPO

Construction & Infrastructure - Listed on 13 March 2026

+2.1% listing gain
Issue Price (Upper)
Rs 98
Listing Price
Rs 100.05
Closing Price (NSE)
Rs 104.4
Total Subscription
1.18x

Srinibas Pradhan Constructions IPO listing summary

Srinibas Pradhan Constructions (Construction & Infrastructure) closed its IPO window in 2026 and listed on NSE and BSE on 13 March 2026 at an upper band issue price of Rs 98, opening at Rs 100.05 for a listing gain of +2.1% and closing day one at Rs 104.4 (+6.5% on closing basis). The IPO was subscribed 1.18x overall - QIB 1.13x, HNI/NII 1.68x, Retail 0.69x. The total issue size was Rs 20.32 Cr (Fresh Issue Rs 16.79 Cr, OFS Rs 3.53 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+2.09%
Listing Gain (Close)
+6.53%
Day Change After Listing
+4.35%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB1.13x
HNI / NII1.68x
Retail0.69x
Overall1.18x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.08x
Day 21.05x
Day 3 (Final)1.18x

Srinibas Pradhan Constructions IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1--
Day 2--
Day 3--
Day 4--
Day 5--

Issue & financials

Issue SizeRs 20.32 Cr
Fresh IssueRs 16.79 Cr
OFSRs 3.53 Cr
IPO PE8.65
Peer / Sector PE18.00
PE vs Sector Ratio0.48
Latest EBITDA (Cr)14.50
Debt / Equity1.08

Market context at listing

How the broader market moved around the Srinibas Pradhan Constructions IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-4.58%
Nifty 1W Return-5.31%
Nifty 1M Return-10.80%
Nifty during IPO window-0.77%

Srinibas Pradhan Constructions IPO - FAQs

What was the listing gain of Srinibas Pradhan Constructions IPO?

Srinibas Pradhan Constructions IPO listed at +2.1% versus the upper issue price of Rs 98 on 13 March 2026.

How many times was Srinibas Pradhan Constructions IPO subscribed?

Srinibas Pradhan Constructions IPO was subscribed 1.18x overall. QIB portion was subscribed 1.13x, HNI / NII 1.68x and Retail 0.69x.

What was the IPO GMP for Srinibas Pradhan Constructions?

Day-by-day IPO GMP data for Srinibas Pradhan Constructions is listed in the table above.

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