Pranav Constructions Ltd IPO was priced at ₹118–₹124 per share with an issue size of ₹351 crore. The IPO opened on Sep 07, 2026 and closed on Sep 09, 2026, with a lot size of 120 shares and a minimum investment of ₹14,880.
Subscription data isn't available yet — it appears once bidding opens.
| Price Band | ₹118.00 - ₹124.00 per share |
| Lot Size | 120 shares |
| Min Investment | ₹14,880 |
| Total Issue Size | ₹351.00 crore |
| Shares Offered | 2,83,08,481 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Centrum Capital Ltd., PNB Investment Services Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Listing At | BSE, NSE |
Issue price ₹124 · lot size 120 shares · estimated listing price ₹164 (GMP +₹40)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 120 | ₹14,880 | ₹19,680 | +₹4,800 |
| Retail (Max) | 13 | 1,560 | ₹1,93,440 | ₹2,55,840 | +₹62,400 |
| S-HNI (Min) | 14 | 1,680 | ₹2,08,320 | ₹2,75,520 | +₹67,200 |
| S-HNI (UPI limit) | 33 | 3,960 | ₹4,91,040 | ₹6,49,440 | +₹1,58,400 |
| S-HNI (Max) | 67 | 8,040 | ₹9,96,960 | ₹13,18,560 | +₹3,21,600 |
| B-HNI (Min) | 68 | 8,160 | ₹10,11,840 | ₹13,38,240 | +₹3,26,400 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹763.93 Cr |
| Profit After Tax | ₹71.32 Cr |
| Net Worth | ₹246.70 Cr |
Promoters: Pranav Kiran Ashar, Ravi Ramalingam
| Promoter Holding (Pre-Issue) | 63.35% |
| Promoter Holding (Post-Issue) | 48.54% |
Pranav Constructions Limited is a real estate company primarily engaged in redevelopment projects in the Municipal Corporation of Greater Mumbai (MCGM) Region, focusing on the Western Suburbs.
Converted to public limited company in July 2024.
| Founded | 2003-07-01 |
| Headquarters | Goregaon (West), Mumbai, Maharashtra |
| Industry | Real Estate |
| Website | https://www.pranavconstructions.com/ |
| Registrar | Kfin Technologies Ltd. |
| Phone | 040-79615565 |
| [email protected] |
11 answers about Pranav Constructions Ltd IPO — dates, pricing, allotment and listing.
Pranav Constructions Ltd IPO is a bookbuilding ipo of ₹351 crore. The issue was priced at ₹118–₹124 per share, with a lot size of 120 shares. Bidding ran from Mon, 07 Sep 2026 to Wed, 09 Sep 2026, with shares to be listed on BSE and NSE.
The price band was ₹118–₹124 per share.
One lot was 120 shares. Bids had to be placed in multiples of 120.
A retail investor needed at least ₹14,880 – one lot of 120 shares at ₹124, the upper end of the price band.
Pranav Constructions Ltd IPO opened on Mon, 07 Sep 2026 and closed on Wed, 09 Sep 2026.
Allotment was finalised on Thu, 10 Sep 2026.
Pranav Constructions Ltd shares are expected to list on Tue, 15 Sep 2026 on BSE and NSE.
The company intended to use the net proceeds towards 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, repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company and funding acquisition of future redevelopment projects and general corporate purposes.
Centrum Capital Ltd. and PNB Investment Services Ltd. are the book running lead managers. Kfin Technologies Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Pranav Constructions Ltd IPO subscription page, and on the BSE and NSE websites.
From Thu, 10 Sep 2026, check the Pranav Constructions Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.