Srinibas Pradhan SME IPO Subscription
ListedUpdated 13 March 2026, 9:15 AM IST· NSE SME
Srinibas Pradhan SME IPO subscription closed on 10 March 2026 at 1.19x overall by shares. QIB demand came in at 1.13x, NII at 1.68x, and retail at 0.69x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 11 March 2026. Listing date on NSE and BSE is 13 March 2026.
Srinibas Pradhan SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 6 Mar 2026 | 0.00x | 0.03x | 0.14x | 0.09x |
| Day 2 - 9 Mar 2026 | 1.13x | 1.54x | 0.47x | 1.01x |
| Day 3 - 10 Mar 2026 | 1.13x | 1.57x | 0.69x | 1.13x |
Srinibas Pradhan SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Srinibas Pradhan SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 0.69x | Very high |
| SHNI (Rs 2L to Rs 10L) | 0.18x | Very high |
| BHNI (above Rs 10L) | 0.06x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Srinibas Pradhan SME IPO Allotment Status page from 11 March 2026 for your result.
Srinibas Pradhan SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 98.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 18.82 L | Rs 21.17 L | 1.13x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 21.17 L | - |
| NII | Rs 9.56 Cr | Rs 16.03 Cr | 1.68x |
| bNII (above Rs 10L) | Rs 6.37 Cr | Rs 15.16 Cr | 2.38x |
| Corporate | - | Rs 7.66 Cr | - |
| Individual | - | Rs 7.29 Cr | - |
| Other | - | Rs 21.17 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.19 Cr | Rs 87.02 L | 0.27x |
| Corporate | - | - | - |
| Individual | - | Rs 87.02 L | - |
| Other | - | - | - |
| IND | Rs 9.55 Cr | Rs 6.63 Cr | 0.69x |
| Total | Rs 19.30 Cr | Rs 22.87 Cr | 1.19x |
Srinibas Pradhan SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 16 | 1 | 0.06x |
| FII | - | - | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 1 | - |
| NII | 271 | 26 | 0.10x |
| bNII (above Rs 10L) | 181 | 10 | 0.06x |
| Corporate | - | 4 | - |
| Individual | - | 5 | - |
| Other | - | 1 | - |
| sNII (Rs 2L to Rs 10L) | 90 | 16 | 0.18x |
| Corporate | - | - | - |
| Individual | - | 16 | - |
| Other | - | - | - |
| IND | 406 | 282 | 0.69x |
| Total | 693 | 309 | 0.45x |
What Do These Subscription Numbers Mean?
1.19x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.13x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (0.10x by applications). Split: SHNI 0.18x, BHNI 0.06x by applications. SHNI and BHNI allotment is by lottery.
null Retail allotment is also by lottery.
Srinibas Pradhan SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 6 March 2026 |
| IPO Close Date | 10 March 2026 |
| Allotment Date | 11 March 2026 |
| Refund Initiation | 12 March 2026 |
| Share Credit to Demat | 12 March 2026 |
| Listing Date | 13 March 2026 |
| Minimum Investment | Rs 2,35,200.00 |
| Lot Size | 1200 shares |
About Srinibas Pradhan SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Srinibas Pradhan SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Srinibas Pradhan SME Details
Issue size, price, financials, and company info
Srinibas Pradhan SME GMP
Live grey market premium and listing estimate
Srinibas Pradhan SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Srinibas Pradhan SME Allotment
Allotment date, chances, and check by PAN
Srinibas Pradhan SME Review
SWOT, strengths, risks, and IPO review
Srinibas Pradhan SME FAQ
Common questions on dates, GMP, and allotment
Srinibas Pradhan SME Registrar
Registrar website and how to check allotment
Srinibas Pradhan SME Timeline
Open, close, allotment, and listing dates
Srinibas Pradhan SME News
Updates, blogs, and latest IPO news
Srinibas Pradhan SME IPO Subscription FAQs
What is Srinibas Pradhan SME IPO subscription status today?
Srinibas Pradhan SME IPO subscription closed on 10 March 2026 with overall subscription of 1.19x (by shares) as of 24 August 2026, 10:01 AM IST. QIB 1.13x, NII 0.10x, IND 0.69x.
What is the overall subscription of Srinibas Pradhan SME IPO?
Srinibas Pradhan SME IPO is subscribed 1.19x overall by shares at close on 10 March 2026. QIB 1.13x, NII 0.10x, and IND 0.69x.
What is Srinibas Pradhan SME IPO QIB subscription?
Srinibas Pradhan SME IPO QIB (Qualified Institutional Buyers) subscription is 1.13x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Srinibas Pradhan SME IPO IND subscription?
Srinibas Pradhan SME IPO IND subscription is 0.69x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Srinibas Pradhan SME IPO NII, SHNI, and BHNI subscription?
Srinibas Pradhan SME IPO NII subscription is 0.10x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 0.18x and BHNI (above Rs 10L) at 0.06x.
What are Srinibas Pradhan SME IPO retail allotment chances?
Srinibas Pradhan SME IPO retail allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Srinibas Pradhan SME IPO SHNI allotment chances?
Srinibas Pradhan SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Srinibas Pradhan SME IPO BHNI allotment chances?
Srinibas Pradhan SME IPO BHNI share subscription is 2.38x. Application data is needed for exact lottery chances.
When is Srinibas Pradhan SME IPO allotment date?
Srinibas Pradhan SME IPO allotment date is 11 March 2026. Check Srinibas Pradhan SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Srinibas Pradhan SME IPO subscription close?
Srinibas Pradhan SME IPO subscription closed on 10 March 2026. No new applications are accepted after the close.
What is Srinibas Pradhan SME IPO GMP today?
GMP for Srinibas Pradhan SME IPO is not available yet. Track Srinibas Pradhan SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Srinibas Pradhan SME IPO issue price and lot size?
Srinibas Pradhan SME IPO issue price is ₹98 per share. Lot size is 1200 shares. Minimum investment is ₹2,35,200 per lot (minimum 2 lots for SME). Issue size: ₹19.30 Cr.
When is Srinibas Pradhan SME IPO listing date?
Srinibas Pradhan SME IPO listing date is 13 March 2026 on NSE and BSE. Allotment is on 11 March 2026.
How does subscription affect Srinibas Pradhan SME IPO allotment?
In Srinibas Pradhan SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.19x overall, competition is moderate.
For allotment results from 11 March 2026, visit the Srinibas Pradhan SME IPO Allotment Status page. For listing day updates on 13 March 2026, download the IPOwiz App.
Sources
We match Srinibas Pradhan SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.