listed · IPO · NSE SME · listed 13 March 2026

Srinibas Pradhan Constructions Limited

Raised ₹20.32 Cr at ₹98 per share.

+2.1%

listing-day move

Price band

₹91 – ₹98

Issue price

₹98

Issue size

₹20.32 Cr

Return since listing

+38.78%

Company research

Source: Tijori Finance · third-party enrichment

About the company

Srinibas Pradhan Constructions Limited (SPCL), incorporated in 2020, operates in the infrastructure and utilities sector, executing roads, highways, bridges, steel structures, irrigation, and civil and industrial construction projects across Odisha through competitive bidding.

Financials (₹ crore)

Period	Revenue	PAT	Debt
Mar 2023	26.35 Cr	1.48 Cr	0.06 Cr
Mar 2024	35.27 Cr	3.55 Cr	1.88 Cr
Mar 2025	89.68 Cr	6.59 Cr	17.25 Cr

Revenue mix

Construction of Road & Bridges 74.3%

Construction of Industrial Building and others 21.7%

Annual Maintenance 2.7%

Rental Income from Machinery 1.3%

Peer comparison

Company	Mkt cap (Cr)	Revenue	PAT	P/E	P/B
SPCON	106	89.68 Cr	6.59 Cr	16.11	—
AVPINFRA	179	292 Cr	33.1 Cr	4.26	—
SONUINFRA	58	170 Cr	11.04 Cr	4.43	0.72

Exchange filings

Fields captured from NSE and BSE

Issue information

Symbol: SPCON
Issue period: 2026-03-06 to 2026-03-10
Price range: Rs.91 to Rs.98
DRHP: https://nsearchives.nseindia.com/emerge/corporates/content/SrinibasPradhanConstructionsLimited_DRHP.pdf
Red Herring Prospectus: https://nsearchives.nseindia.com/emerge/corporates/content/SrinibasPradhanConstructionsLimited_RHP.pdf
Prospectus: https://nsearchives.nseindia.com/emerge/corporates/content/SrinibasPradhanConstructionsLimited_PROSP.pdf

Data sources: MONEYCONTROL , NSE , NSE , NSE , NSE . Data quality clean.