Pranav Constructions
· Mainboard · NSE, BSE
Price Band
₹118–124
Lot Size
120 shares
Issue Size
₹351 Cr
Min. Investment
₹14,880
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹177 — arithmetic, not a forecast
Subscription Status
Pranav ConstructionsIPO: Overview & Key Facts
Pranav Constructions IPO is a Mainboard issue that listed on NSE, BSE on 15 September 2026. The price band is ₹118–₹124 per equity share, with a market lot of 120 shares. The total issue size is ₹351 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (120 shares), amounting to ₹14,880.
Pranav Constructions IPO GMP & Listing
The last grey market premium (GMP) reported for Pranav Constructions IPO before listing was ₹53, about 42.74% over the upper price band of ₹124, and informal quotes had risen over the sessions we recorded. The shares opened at ₹165 on listing day, 33.1% above the issue price of ₹124. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Pranav ConstructionsIPO Subscription Status & Demand Analysis
On the latest figures we have, Pranav Constructions IPO was subscribed 126.04x overall — with QIB at 268.54x, NII at 217.61x, bNII at 242.06x, sNII at 168.71x, Retail at 44.86x, from about 44,47,543 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
Pranav Constructions IPO Allotment & Listing
The registrar for this issue is KFin Technologies Ltd.; the basis of allotment was finalised on 10 September 2026 and the shares listed on 15 September 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹124
Listed At
₹165
Current Price
₹92.08
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.
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,13,23,391 | 40% |
| − Anchor Investor | 67,94,034 | 24% |
| − QIB (Ex. Anchor) | 45,29,357 | 16% |
| NII (HNI) | 42,46,273 | 15% |
| − bNII > ₹10L | 28,30,849 | 10% |
| − sNII < ₹10L | 14,15,424 | 5% |
| Retail | 1,27,38,817 | 45% |
- QIB25.8%
- − Anchor Investor15.5%
- − QIB (Ex. Anchor)10.3%
- NII (HNI)9.7%
- − bNII > ₹10L6.5%
- − sNII < ₹10L3.2%
- Retail29.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 120 | ₹14,880 |
| Retail (Max) | 13 | 1560 | ₹1,93,440 |
| S-HNI (Min) | 14 | 1680 | ₹2,08,320 |
| S-HNI (Max) | 67 | 8040 | ₹9,96,960 |
| B-HNI (Min) | 68 | 8160 | ₹10,11,840 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
8.18
EPS (Post IPO)
6.33
ROE
33.78%
P/E (Pre IPO)
15.16
P/E (Post IPO)
19.59
Market Cap
₹1,080.92 Cr.
Contact Details
Pranav Constructions Ltd. Address
- +91 22 6276 9939
- compliance.officer@pranavconstructions.com
- https://www.pranavconstructions.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Key Dates
- Open Date
- 07 Sept 2026
- Close Date
- 09 Sept 2026
- Basis of Allotment
- 10 Sept 2026
- Listing Date
- 15 Sept 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- NSE, BSE