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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Funding working capital requirements
Funding working capital requirements of the company to support ongoing and upcoming infrastructure projects.
Repayment of borrowings
Prepayment or repayment of a portion of outstanding term loans and debt facilities availed by the company.
General corporate purposes
Meeting general corporate expenses, business expansion initiatives, and operational needs.
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(₹ in Crore)
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Srinibas Pradhan Constructions Limited, incorporated in 2020 and headquartered in Jharsuguda, Odisha, is an infrastructure development enterprise primarily focused on civil construction projects. The company executes a wide variety of public infrastructure initiatives, including state and national highways, rural roads, district roadways, high-level bridges, and steel structural works for industrial applications. The firm operates primarily through competitive bidding for government and public sector tenders within Odisha. Its project execution framework encompasses comprehensive engineering and construction services, ranging from site preparation and earthworks to structural foundation design, multi-storied building construction, and irrigation infrastructure. Operations are supported through its wholly owned subsidiary, Srinibas Pradhan Infra Private Limited. Over its operating history, the enterprise has expanded its equipment fleet and project management capacity to handle complex civil infrastructure assignments. The business focuses on maintaining operational efficiency, project delivery timelines, and disciplined cost management across its contracted order book.
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Source: RHP • Analysis provided for informational purposes
Last Updated: 18 September 2026, 3:53 PM
Established regional presence
Demonstrated execution track record in public infrastructure projects across Odisha, supporting consistent bidding competitiveness.
Integrated operational capabilities
Maintains in-house equipment and technical teams across earthworks, bridge structures, and highway development.
Experienced management team
Promoters bring industry experience in civil engineering and government tender execution.
Geographic concentration risk
A significant portion of operational revenue originates from projects in Odisha, exposing the business to regional economic or regulatory shifts.
Dependence on public sector tenders
Revenue growth relies heavily on securing government infrastructure tenders through competitive bidding.
Working capital requirement
Infrastructure construction requires ongoing working capital for project deployment, equipment maintenance, and security deposits.
Srinibas Pradhan Constructions Limited
Plot No. 813, Khata No. 106/548, Brajraj Nagar, Chhualiberna, Jharsuguda, Belpahar RS, Odisha - 768217, India
View on Maps →Maashitla Securities Private Limited
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