Srinibas Pradhan Constructions Ltd
Pre Issue Shares
43,60,948
No. of Shares Issued
17,94,000
Pre Issue Equity Amt.
₹4.36 Cr
DP Filling Date
3 August 2024
Srinibas Pradhan Constructions Ltd IPO Timeline
The genesis of Company's construction business traces back to year 2001 when Mr. Srinibas Pradhan, the Founder Promoter of the Company, embarked on a journey in the construction industry by establishing his proprietorship firm under the name 'M/s Srinibas Pradhan'. Initially catering to small-scale construction services within the local jurisdiction of Urban Local Bodies and Block Development Department, Mr. Srinibas Pradhan's unwavering determination and diligent efforts propelled the firm's growth.
Srinibas Pradhan Constructions Ltd IPO Details
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Srinibas Pradhan Constructions Ltd IPO Lot Size | - |
Issue Size | - |
Fresh Issue | - |
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QIB Shares Offered | - |
Retail Shares Offered | - |
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Company Promoters | Ramakanta Pradhan, Srinibas Pradhan |
- Strengths
- Risks
- Opportunities
- Focused on Infrastructure and civil construction.
- Experienced management team.
- Experienced workforce.
- Strong Backward Integrations.
- Strong Order Book from various government agencies, local bodies and private companies.
- Strong execution capabilities with industry experience.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the working capital requirements of the company
- Investment in its wholly ownded subsidiary
- Repayment of portion of loan availed by the company
- General corporate purposes
Srinibas Pradhan Constructions Ltd IPO Prospectus
Srinibas Pradhan Constructions Ltd IPO Listing Date
BSE Script | - |
NSE Symbol | - |
Listing In | - |
IPO Price | ₹0 |
Face Value | ₹10 |
Company Contact Information
C/o-Srinibas Pradhan Nr.ChukanPO-Lamtibahal,Jharsuguda-768216
Phone: +91 6645 251105
Email: info@srinibaspradhan.in
Website: www.srinibaspradhan.com
Srinibas Pradhan Constructions Ltd IPO Registrar
Srinibas Pradhan Constructions Ltd IPO Lead Manager(s)
- Fast Track Finsec Pvt Ltd