Minimum Investment
₹14,880
Price Range
₹118 to ₹124
Lot Size
120 shares
Issue Size
₹351 Cr
About the Company
Incorporated in July 2003, Pranav Constructions Limited is a real estate company primarily engaged in redevelopment projects in the Municipal Corporation of Greater Mumbai (MCGM) Region, with a predominant focus on the Western Suburbs. The Company was originally incorporated as Pranav Constructions Private Limited and was converted into a public limited company in July 2024.
Bookbuilding IPO
IPO 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-c
- 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.
Important Dates
| Bid/Offer Opens On | 07-09-2026 |
| Bid/Offer Closes On | 09-09-2026 |
| Finalisation of Basis of Allotment | 10-09-2026 |
| Initiation of Refunds | 11-09-2026 |
| Credit of Shares to Demat | 11-09-2026 |
| IPO Listing Date | 15-09-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 4,529,358 | 4,084,320 | 0.90x |
| NII | 4,246,272 | 47,412,840 | 11.17x |
| NII ( >10 lakh) | 2,830,848 | 27,179,760 | 9.60x |
| NII ( <10 lakh) | 1,415,424 | 20,233,080 | 14.29x |
| Retail | 12,738,816 | 78,959,520 | 6.20x |
| Total | 21,514,446 | 130,456,680 | 6.06x |
Frequently asked questions
What is the Pranav Constructions IPO lot size?
The lot size is 120 shares with a minimum investment of ₹14,880.
When does the Pranav Constructions IPO open and close?
Bidding is scheduled from 07-09-2026 to 09-09-2026 (subject to exchange updates).
How can I apply for the Pranav Constructions IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
What is the Pranav Constructions IPO listing date?
Shares are expected to list on 15-09-2026 (tentative; confirm from RHP / exchange notices).
Grey Market Premium (GMP)
Registrar
Kfin Technologies Ltd.
Lead Managers
- Centrum Capital Ltd.
- PNB Investment Services Ltd.
Company Promoters
- Pranav Kiran Ashar and Ravi Ramalingam.
