Srinibas Pradhan SME IPO Subscription Status
Srinibas Pradhan SME IPO closed on 10 March 2026 with an overall subscription of 1.19x based on shares applied. QIB demand came in at 1.13x, NII at 1.68x, and retail at 0.69x.
Allotment will be finalised on 11 March 2026. The stock is scheduled to list on NSE and BSE on 13 March 2026.
Issue Price
Rs 98.00
GMP Today
-
Overall Subscription
1.19x
Issue Size
₹19.30 Cr
Allotment Date
11 Mar 2026
Listing Date
13 Mar 2026
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?
A subscription of 1.19x by shares means the IPO received bids for 1 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.13x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.13x, it reflects serious institutional conviction.
NII at 0.10x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 0.06x and sNII at 0.18x by applications. Share subscription was 1.68x. Allotment uses application count, not share volume.
null Retail allotment is done by lottery when oversubscribed.
Srinibas Pradhan SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 0.69x.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 0.18x.
BHNI (above Rs 10 lakh)
- •Application subscription: 0.06x.
- •Share subscription was 2.38x. Allotment uses application count, not share volume.
Check the Srinibas Pradhan SME IPO Allotment Status page from 11 March 2026 for your allotment result.
Srinibas Pradhan SME IPO Day-wise Subscription
| 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 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
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 27 June 2026, 3:17 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. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Srinibas Pradhan SME IPO NII subscription?
Srinibas Pradhan SME IPO NII (Non-Institutional Investors) subscription is 0.10x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Srinibas Pradhan SME IPO for retail?
Srinibas Pradhan SME IPO retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
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?
Allotment odds in Srinibas Pradhan SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.