243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Srinibas Pradhan Constructions Limited

Orissa

Date of DRHP : 28 Sep 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

Srinibas Pradhan Basic Details

   Infrastructure

Sub Sector: Provide Construction services

Exchange:
NSE Emerge

About the Company

The genesis of Srinibas Pradhan Constructions construction business traces back to the year 2001 when Mr. Srinibas Pradhan, the Promoter of Srinibas Pradhan Constructions, 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. The pivotal transition occurred in 2008 when M/s Srinibas Pradhan officially registered with the Works Department of the Government of Odisha. Subsequently, the proprietorship diversified its portfolio, successfully undertaking various small-scale civil projects encompassing roads, buildings, and bridges. Progressively advancing, the proprietorship extended its capabilities, participating in high-value tenders through e-procurement platforms for diverse entities, including Odisha State Government, State and Central PSUs, and corporate entities. From the period spanning 2011 to 2020, M/s Srinibas Pradhan significantly expanded its construction activities, delving into multi-storied buildings, steel structures, major district roads, high-level bridges, factories, and residential quarters. Recognizing the need for operational refinement, Srinibas Pradhan Constructions Private Limited was established on September 25, 2020.

Financial Summary (Annualised Basis)

Revenue :
35.37 Cr.

PAT :
3.55 Cr.

Srinibas Pradhan IPO Lead Manager(s)

Fast Track Finsec Private Limited

Srinibas Pradhan IPO Registrar

Maashitla Securities Private Limited

Srinibas Pradhan DRHP Details

Objects of issue

  • Funding the working capital requirements of the company
  • Investment in our Wholly Owned Subsidiary
  • Repayment of portion of loan availed by the company
  • General Corporate Purposes
  • To meet the Issue expenses

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FAQs

Srinibas Pradhan Constructions operates in Infrastructure and Provide Construction services. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of Srinibas Pradhan Constructions is Book Building Process and Object of issue is

  • Funding the working capital requirements of the company
  • Investment in our Wholly Owned Subsidiary
  • Repayment of portion of loan availed by the company
  • General Corporate Purposes
  • To meet the Issue expenses

The DRHP (Draft Red Herring Prospectus) of Srinibas Pradhan Constructions IPO was filed on 28 Sep 2024.

No, Srinibas Pradhan Constructions IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Srinibas Pradhan Constructions are not available now. You can apply in Srinibas Pradhan Constructions IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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