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Pranav Constructions

Listed
MainboardBook build Issue
Issue Price
₹118 to ₹124
Face Value
₹10 Per Equity Share
Issue Size
₹351.03 Cr.
Listing On
NSEBSE
Live

Allotment Available

Check your individual allotment on the official registrar portal.

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Grey Market

₹50
+40.32% Est. Listing Premium
Est. Listing Price₹174
Updated: 15 Sept 2026, 06:44

About Pranav Constructions IPO

Pranav Constructions Limited, incorporated in July 2003, is a Mumbai-based real estate company focused primarily on redevelopment projects in the Municipal Corporation of Greater Mumbai (MCGM) Region, with a strong presence in the Western Suburbs. The Company operates as a pure-play redevelopment developer, undertaking residential projects across Economical, Mid and Mass, and Aspirational housing segments. As of March 31, 2026, its portfolio comprised 65 redevelopment projects in the MCGM Region, including 28 completed, 20 under construction, and 17 upcoming projects, with a combined Total Developable Area of approximately 5.01 million sq. ft. Pranav Constructions follows an integrated redevelopment model, with in-house capabilities spanning key stages of project execution, including tendering, pre-construction, construction, and post-construction activities. Its capital-efficient business model involves entering into redevelopment agreements with co-operative housing societies. The Company has been active in the redevelopment segment since 2012 and has established a strong presence across Mumbai's Western Suburbs. Originally incorporated as Pranav Constructions Private Limited, it was converted into a public limited company in July 2024. As of March 31, 2026, the Company had 198 permanent employees, including whole-time directors, supporting functions such as construction management, sales and customer relationship management, architecture, legal and compliance, finance, administration, and human resources.

Financial Health

Period EndedRevenueAssetsPAT
2024₹449.75₹966.80₹39.62
2025₹638.24₹1246.29₹62.25
2026₹763.93₹1799.19₹71.32

Live Subscriptions

Tracking
Categoryday 1day 2day 3
qib0.9x1.04x268.54x
nii11.12x45.8x217.73x
bnii9.6x43.73x242.06x
snii14.14x49.94x169.07x
retail6.09x16.56x45.31x
Total5.99x19.06x126.34x

Frequently Asked Questions

The public subscription window officially opens on 07 September 2026 and concludes at 5:00 PM IST on 09 September 2026.
As of the latest market information, the GMP is ₹50, indicating a 40.32% estimated listing premium. GMP is an unofficial market indicator and can change rapidly.
Shares are offered at ₹118 to ₹124. Retail investors must bid for at least 120 shares, requiring a block investment of ₹14,880.
The allotment has been detected as available in the Kfin Technologies Ltd. system. You can use the official registrar link on this page to check your individual status. Shares are scheduled to debut on the exchanges on 15 September 2026.
The registrar for this IPO is Kfin Technologies Ltd..
The issue size for Pranav Constructions is ₹351.03 Cr..
The current status of the Pranav Constructions IPO is Listed. This status is determined from the issue and listing timeline using Indian Standard Time.
No. GMP is unofficial and can move significantly before listing. The actual listing price may differ from the GMP-based estimate.