m.Stock by Mirae AssetOpen Demat Account
m.Stock by Mirae Asset

IPO 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

Srinibas Pradhan Constructions Ltd IPO Date-
Srinibas Pradhan Constructions Ltd IPO Face Value-
Srinibas Pradhan Constructions Ltd IPO Price-
Srinibas Pradhan Constructions Ltd IPO Lot Size-
Issue Size-
Fresh Issue-
Offer for Sale-
Issue Type-
Listing At-
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersRamakanta Pradhan, Srinibas Pradhan
  • 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 Value10

Company Contact Information

Srinibas Pradhan Constructions Ltd
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

Phone:+91 011-45121795
Email: Investor.ipo@maashitla.com
Website: www.maashitla.com

Srinibas Pradhan Constructions Ltd IPO Lead Manager(s)

  1. Fast Track Finsec Pvt Ltd