Pranav Constructions Ltd.
NSE & BSE₹118–124
₹ 279 Cr
120 Shares
₹ 14,160
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 7,615.96 | 6,362.72 | |
| 23.29 | 19.71 | |
| 7,639.25 | 6,382.43 | |
| 6,330.91 | 5,397.05 | |
| 939.37 | 720.87 | |
| 713.24 | 622.54 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
7 Sept 2026
IPO Offer Ends
9 Sept 2026
15 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding costs towards obtaining government and statutory approvals and purchase of additional FSI | 1,457.18 |
| 2 | Repayment or pre-payment, in full or in part, of certain of our outstanding borrowings availed | 915 |
| 3 | Funding acquisition of future redevelopment projects and general corporate purposes | 425.74 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
63.35%
Promoter stake
Post-IPO
49.03%
Promoter stake
Offered to Public
2,24,63,137
shares
Post Share Capital
5,52,19,345
shares
IPO Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
About the Company
We are the leading real estate company, based on the supply of units and number of completed and under construction MCGM - Redevelopment27 projects in the Western Suburbs28, with a total of 1,503 units and 27 MCGM - Redevelopment projects (completed and under construction) whereas other developers have 2 to 7 MCGM - Redevelopment projects, each launched between CY 17 –CY 24 (Source: C&W Report). We are amongst the top redevelopment companies based out of Mumbai predominantly undertaking redevelopment projects in the Western Suburbs focusing on Economical29, Mid and Mass30, and Aspirational31 homes (Source: C&W Report).
Use of Proceeds
1. 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 our Under-construction Redevelopment Projects, and certain of our Upcoming Redevelopment Projects (“Funding Redevelopment Expenses”);2. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company; and3. Funding acquisition of future redevelopment projects and general corporate purposes.
Pranav Constructions Ltd. Latest News
News
Pranav Constructions lists with 31% premium on the BSE
The scrip is currently trading at Rs. 136.75, up by 12.75 points or 10.28% from its issue price
Pranav Constructions coming with IPO to raise up to Rs 367 crore
The issue will open for subscription on September 07, 2026 and will close on September 09, 2026
IPO FAQs
The Pranav Constructions Ltd. IPO has a total of ₹279 crore, calculated at the upper end of the .
The Pranav Constructions Ltd. IPO is priced at ₹118–124 per share. bids must fall within this , against a of ₹10 per share.
The for the Pranav Constructions Ltd. IPO is 120 shares, which is also the minimum order quantity — you have to apply for at least 120 shares, and in multiples of 120 beyond that.
The minimum investment in the Pranav Constructions Ltd. IPO is about ₹14,160 — one lot of 120 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Pranav Constructions Ltd. opens on 7 Sept 2026 and closes on 9 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Pranav Constructions Ltd. shares were listed on 15 Sept 2026 on BSE and NSE.
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.) is the for the Pranav Constructions Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 040 - 67162222/18003094001 and email einward.ris@kfintech.com.
Pranav Constructions Ltd. IPO shares are listed on BSE and NSE.
Each Pranav Constructions Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 63.35% of Pranav Constructions Ltd. before the IPO, which falls to 49.03% after the issue.
2,24,63,137 shares of Pranav Constructions Ltd. are being offered to the public in this issue.
The Pranav Constructions Ltd. IPO has been subscribed 121.00x overall — 258.71x, 208.21x and 43.33x.
figures update through the issue period until it closes.
- 1.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 our Under-construction Redevelopment Projects, and certain of our Upcoming Redevelopment Projects (“Funding Redevelopment Expenses”)
- 2.Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company
- 3.Funding acquisition of future redevelopment projects and general corporate purposes
Centrum Capital Ltd and PNB Investment Services Ltd are the for the Pranav Constructions Ltd. IPO.
Pre-apply means placing your Pranav Constructions Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Pranav Constructions Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Pranav Constructions Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.