Pranav Constructions IPO
Pranav Constructions IPO is priced at ₹118–₹124 per share with an issue size of ₹351.03 crore. The IPO opens on Sep 7, 2026 and closes on Sep 9, 2026, with a lot size of 120 shares and a minimum investment of ₹14,880.
Pranav Constructions Limited IPO
- IPO Dates
- Sep 7, 2026 – Sep 9, 2026
- Price band
- ₹118-124 per equity share
- Minimum Investment
- ₹14,880
- Issue size
- ₹351.03 Cr
- Lot size
- 120
- Allotment Date
- Sep 10, 2026
- Listing
- Sep 15, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Sep 7, 2026
Open Date
Completed
-
Sep 9, 2026
Close Date
Completed
-
Sep 10, 2026
Allotment Date
Completed
-
Sep 15, 2026
Listing Date
Upcoming
Unofficial pre-listing indicator
Pranav Constructions IPO GMP Today: ₹45
Pranav Constructions IPO GMP today is ₹45 per share (a 36% premium over the ₹124 upper price band) as of 12 Sep 2026, 1:15 PM IST. The indicative listing price is ₹169 (₹124 upper price band + ₹45 GMP).
- Current GMP
- ₹45
- GMP percentage
- 36%
- Upper price band
- ₹124
- Indicative listing price
- ₹169
During the recorded period, Pranav Constructions IPO GMP ranged from ₹15 to ₹45. The latest GMP is ₹45.
Pranav Constructions IPO GMP trend (day-wise) 65 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹45 | ₹0 | 36% | ₹169 | |
| ₹45 | +₹1 | 36% | ₹169 | |
| ₹44 | ₹0 | 35% | ₹168 | |
| ₹44 | −₹1 | 35% | ₹168 | |
| ₹45 | ₹0 | 36% | ₹169 | |
| ₹45 | ₹0 | 36% | ₹169 | |
| ₹45 | +₹5 | 36% | ₹169 | |
| ₹40 | −₹1 | 32% | ₹164 | |
| ₹41 | +₹3 | 33% | ₹165 | |
| ₹38 | ₹0 | 31% | ₹162 |
Pranav Constructions IPO Subscription Details
View Subscription DetailsPranav Constructions IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Pranav Constructions IPO Essentials
Pranav Constructions IPO Details
Pranav Constructions IPO is priced at ₹118-124 per share with a total issue size of 351.03 crore. The IPO has a lot size of 120 shares and will be listed on BSE and NSE.
- Issue price
- ₹118-124 per equity share
- Lot size
- 120 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- ₹351 Crores
- Total issue size
- 2,83,08,481 shares
(aggregating up to ₹351.03 crore) - Fresh issue
- 2,54,51,612 shares
(aggregating up to ₹315.6 crore) - Offer for sale (OFS)
- 28,56,869 shares
(aggregating up to ₹35.43 crore) - Retail Portion
- 45%
- Listing at
- BSE, NSE
- Listing date
- Registrar
- Kfin Technologies Ltd.
- Lead manager
-
Market Lot Size
Investors can bid for a minimum of 120 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 120 | ₹14,880 |
| Retail(max) | 13 | 1,560 | ₹1,93,440 |
| sHNI(min) | 14 | 1,680 | ₹2,08,320 |
| sHNI(max) | 67 | 8,040 | ₹9,96,960 |
| bHNI(min) | 68 | 8,160 | ₹10,11,840 |
Pranav Constructions IPO Reservation
Pranav Constructions IPO reservation details show category-wise allocation of shares. Out of the total 28308480 shares, approximately 16% are reserved for QIB, 15% for NII, 45% for retail investors, and 24% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 6794034 (24%) | |
| QIB Shares Offered | 4529358 (16%) | |
| NII (HNI) Shares Offered | 4246272 (15%) | |
| bHNI > ₹10L | 2830848 (10%) | 1685 |
| sHNI < ₹10L | 1415424 (5%) | 843 |
| Retail Shares Offered | 12738816 (45%) | 1,06,157 |
| Total Shares Offered | 28308480 (100%) |
Pranav Constructions IPO Analytics
Pranav Constructions IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Pranav Constructions IPO Subscription Status
Pranav Constructions IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 126.34x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 45,29,358 |
42,46,272
28,30,848
14,15,424
|
1,27,38,816 | 2,15,14,446 |
|
Day 1
07-09-26 05:00 PM
|
0.90 x |
11.11x
9.60x
14.13x
|
6.08 x | 5.98 x |
|
Day 2
08-09-26 05:00 PM
|
1.04 x |
45.79x
43.73x
49.92x
|
16.54 x | 19.05 x |
|
Day 3
09-09-26 05:00 PM
|
268.54 x |
217.73x
242.06x
169.07x
|
45.31 x | 126.34 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 44,75,988 (Approx) | 49.05x | 163.74x | 40.08x |
Pranav Constructions Valuations
Earnings
- EPS Pre IPO
- ₹8.18/-
- EPS Post IPO
- ₹6.33/-
- P/E Pre IPO
- 15.16
- P/E Post IPO
- 19.59
Returns
- ROE
- 33.78%
- ROCE
- 24.34%
- RoNW
- 33.78%
- PAT Margin
- 9.37%
Fundamentals
- Debt / Equity
- 1.08
- Market Cap
- ₹1,396.52 Cr.
Pranav Constructions Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 1,799.19 | 1,246.29 | 966.80 |
| Revenue | 763.93 | 638.24 | 449.75 |
| Profit After Tax | 71.32 | 62.25 | 39.62 |
| Net Worth | 246.70 | 175.59 | 88.37 |
| Reserves & Surplus | 159.52 | 88.41 | 84.70 |
| Total Borrowing | 258.44 | 196.50 | 99.34 |
Pranav Constructions Company & Offer Insights
About Pranav Constructions
It was incorporated in the year 2003 as an Indian construction company, Pranav Constructions Limited, into residential, commercial, and infrastructure development projects.
Key Services:
Residential Projects: Affordable housing, premium apartments, and gated communities.
Commercial Projects: Construction of offices, retail centers, and mixed-use projects.
Infrastructure Development: Engaged in road construction, bridges, water supply projects, and other works of public infrastructure.
Redevelopment Expertise: The company has in-house capabilities to manage the entire redevelopment process, including:
Tendering Stage -Bidding for projects.
Pre-Construction Stage – Planning and approvals.
Construction Stage: The stage at which a project is executed. Post-construction stage - Final handover and manageme
Pranav Constructions Promoter(s)
Pranav Kiran Ashar, Ravi Ramalingam are the company's promoters of Pranav Constructions.
Pranav Constructions IPO Issue Objectives
- •
- Funding costs towards obtaining government and statutory approvals and purchase of additional FSI and cost towards Compensation to members towards alternate accommodation, and hardship compensation, in relation to the development of certain of the Under-construction Redevelopment Projects, and certain of the Upcoming Redevelopment Projects (Funding Redevelopment Expenses).
- •
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company.
- •
- Funding acquisition of future redevelopment projects and general corporate purposes.
Pranav Constructions IPO - Anchor Investors
Pranav Constructions Limited finalised its anchor investor allocation on September 4, 2026, raising ₹84.25 crore from 14 institutional investors at an anchor price of ₹124 per share.
The anchor book comprises 67,94,034 equity shares, with domestic mutual funds receiving 29.08% of the allocation through 2 fund houses across 7 schemes — ITI Mutual Fund and Taurus Mutual Fund. No allocation was made to life insurance companies or pension funds, with the unsubscribed portion redistributed to other anchor investors. The remaining allocation was led by Goldman Sachs Investments (Mauritius) Limited at 29.67%, followed by The Asio Fund VCC – Sub Fund 4 at 8.90%, Saint Capital Fund at 8.60%, and Abudantia Capital VCC, ASAS Global Fund Incorporated VCC, Ashika India Select Fund, and Rigel Global Fund, each at 5.94%.
Pranav Constructions IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Pranav Constructions | N/A | N/A | 33.78% | N/A |
| Keystone Realtors | 1.76 | 64.8 | 3.34% | N/A |
| Godrej Properties | 3.18 | 33.2 | 9.97% | N/A |
| Lodha Developers | 4.90 | 33.4 | 15.71% | N/A |
| Suraj Estate | 0.93 | 9.9 | 9.53% | N/A |
| Kolte-patil Developers | 2.87 | N/A | -3.73% | N/A |
| Arkade Developers | 2.96 | 482 | 0.60% | N/A |
| Kalpataru | 1.36 | 56.6 | 2.45% | N/A |
Pranav Constructions IPO - Strengths and Risks
Pranav Constructions IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Pranav Constructions
+91 22 6276 9939
compliance.officer@pranavconstructions.com
http://www.pranavconstructions.com/
Unit No. 1001, 10th Floor, DLH Park, Near MTNL, S.V. Road, Goregaon (West), Mumbai, Maharashtra, 400104
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Pranav Constructions IPO is a book-built IPO worth ₹351.03 crore. The price band is ₹118–₹124 per share. The IPO opens on Sep 7, 2026 and closes on Sep 9, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.
The price band of Pranav Constructions IPO is ₹118 to ₹124 per share.
The lot size of Pranav Constructions IPO is 120 shares.
The minimum investment for Pranav Constructions IPO is approximately ₹14,880 based on the upper price band .
Pranav Constructions IPO opens on Sep 7, 2026 and closes on Sep 9, 2026.
The allotment date of Pranav Constructions IPO is Sep 10, 2026.
Pranav Constructions IPO is expected to be listed on Sep 15, 2026, on BSE and NSE .
Pranav Constructions IPO GMP today is ₹45 per share (a 36% premium over the ₹124 upper price band) as of 12 Sep 2026, 1:15 PM IST. The indicative listing price is ₹169 (₹124 upper price band + ₹45 GMP).
Pranav Constructions IPO valuation snapshot: P/E 19.59, EPS ₹6.33/-, P/B N/A, RoNW 33.78%, and market cap ₹1,396.52 Cr.
To apply for Pranav Constructions IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Pranav Constructions IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Pranav Constructions IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Pranav Constructions IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Pranav Constructions IPO allotment status on IPO Ji for quick and easy access.