Data sourced from BSE & NSE · Compiled by IPO Ji · IPO subscription data last updated
Total 126.34x·QIB 268.54x·NII 217.73x·Retail 45.31x
Based on retail subscription by applications (40.08×), approximately 1 in 40 retail applications may receive an allotment. Final allotment is decided by the registrar’s computerised lottery.
Pranav Constructions Limited Mainboard IPO was subscribed 126.34x in total when bidding closed on Sep 9, 2026, with 268.54x in the QIB category, 217.73x in NII, 45.31x in retail across BSE and NSE. This represents a strong oversubscription, reflecting heavy investor demand; a high subscription figure does not guarantee listing gains, and allotment follows the applicable category and exchange rules. The issue ran from Sep 7, 2026 to Sep 9, 2026 at a price band of ₹118–₹124 per share. Allotment was finalised on Sep 10, 2026.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 4529358 | 1216322400 | 268.54 |
| NIIs | 4246272 | 924549840 | 217.73 |
| BNIIs (>10L) | 2830848 | 685246320 | 242.06 |
| SNIIs (<10L) | 1415424 | 239303520 | 169.07 |
| Retail | 12738816 | 577171560 | 45.31 |
| Total | 21514446 | 2718043800 | 126.34 |
| Total Applications44,75,988 approx. |
|||
| Category | Reserve | Applied | Times |
|---|---|---|---|
| BNIIs (>10L) | 1,685 | 82,646 | 49.05 |
| SNIIs (<10L) | 843 | 1,38,036 | 163.74 |
| Retail | 1,06,157 | 42,54,462 | 40.08 |
| Total Applications44,75,988 approx. |
|||
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | 56.16 | 15082.4 | 268.54 |
| FIIs | - | 2651.46 | - |
| DIIs | - | 8057.79 | - |
| Mutual Funds | - | 176.14 | - |
| Others | - | 4197.01 | - |
| NIIs | 52.65 | 11464.42 | 217.73 |
| BNIIs (>10L) | 35.1 | 8497.05 | 242.06 |
| SNIIs (<10L) | 17.55 | 2967.36 | 169.07 |
| Retail | 157.96 | 7156.93 | 45.31 |
| TOTAL | 266.78 | 33703.74 | 126.34 |
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
|
Day 1
7 Sep 2026
5:00 PM
|
0.90x |
11.11x
9.60x
14.13x
|
6.08x | 5.98x |
|
Day 2
8 Sep 2026
5:00 PM
|
1.04x |
45.79x
43.73x
49.92x
|
16.54x | 19.05x |
|
Day 3
9 Sep 2026
5:00 PM
|
268.54x |
217.73x
242.06x
169.07x
|
45.31x | 126.34x |
Anticipated subscription based on the number of applications received (an alternative to the shares-based figures above), sourced from BSE & NSE.
| Category | Times (by applications) |
|---|---|
| bHNI | 49.05x |
| sHNI | 163.74x |
| Retail | 40.08x |
Because Pranav Constructions closed oversubscribed, applicants were not guaranteed full allotment. In oversubscribed issues, shares are allotted according to the applicable category and exchange rules, so applicants are not guaranteed full allotment once an issue is oversubscribed. The number of times each category is subscribed is one indicator of demand, alongside the company's fundamentals and the broader market.
A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice. Investors should read the company's prospectus and consult a SEBI-registered adviser before making any decision.
IPO subscription status shows how many times an issue has been applied for, compared with the shares on offer, broken down by Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and the Retail or SME Individual Investor category. A figure of "2x" means investors applied for twice the shares available. See how IPO subscription works and track all live IPOs →
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