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Pranav Constructions IPO

Pranav Constructions IPO

Pranav Constructions IPO

Overview

Pranav Constructions IPO is a book build issue of ₹351.03 crores. The issue is a combination of fresh issue of 2.55 crore shares aggregating to ₹315.60 crores and offer for sale of 28.57 lakh shares aggregating to ₹35.43 crores. Pranav Constructions IPO opens for subscription on Sep 7, 2026 and closes on Sep 9, 2026. The allotment for the Pranav Constructions IPO is expected to be finalized on Sep 10, 2026. Pranav Constructions IPO will list on NSE and BSE with a tentative listing date fixed as Sep 15, 2026. Pranav Constructions IPO is set issue price band at ₹118 to ₹124 per share. The lot size for an application is 120 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,880 (120 shares) (based on upper price). Centrum Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Total Shares

2,83,08,481

Issue Size

₹351 Cr

Price Band

118 – ₹124

Lot Size

120 shares

Min. Investment

14,880

Max. Investment

1,93,440

Open Date

07 Sep, 2026

Close Date

09 Sep, 2026

Allotment

10 Sep, 2026

Listing

15 Sep, 2026

Announced

07 Sep, 2026

Opening Date

07 Sep, 2026

Closing Date

09 Sep, 2026

Basis of Allotment

10 Sep, 2026

Initiation of Refunds

11 Sep, 2026

Credit of Shares

11 Sep, 2026

Listing Date

15 Sep, 2026

Live GMP

Est. Listing: ₹147

23

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About Pranav Constructions IPO

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.

The Company specializes in pure-play redevelopment and undertakes redevelopment projects across residential segme

Pranav Constructions IPO Share Price

Issue Breakdown

Total Issue2,83,08,481 shares₹351 Cr
Fresh Issue2,54,51,612 shares₹316 Cr
Offer for Sale28,56,869 shares₹35 Cr

Shareholding

Pre-Issue8,71,71,170
Post-Issue11,26,22,782

Dilution: 29.2% increase in shares

Pranav Constructions IPO Financial Health

Pranav Constructions Ltd.'s revenue increased by 20% and profit after tax (PAT) rose by 15% between the financial year ending with March 31, 2026 and March 31, 2025.

Pranav Constructions IPO Lot Size

Investors can bid for a minimum of 120 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)112014,880
Retail (Max)1315601,93,440
S-HNI (Min)1416802,08,320
S-HNI (Max)6780409,96,960
B-HNI (Min)68816010,11,840

(All values in CR)

Pranav Constructions IPO Valuations

MetricValue
ROE33.78
ROCE24.34
Debt/Equity1.08
RoNW33.78
PAT Margin9.37
EBITDA Margin17.18
NAV28.30

(All values in CR)

Pranav Constructions IPO Strength & Risk

+Strengths

Pranav Constructions IPO Strength

  • Leading player in residential redevelopment in Mumbai’s Western Suburbs
  • Strong track record of project execution and delivery
  • Capital-efficient redevelopment business model
  • In-house expertise across construction, design, legal, approvals and sales
  • Established brand with strong relationships with housing societies and customers
  • Experienced management and professional leadership team
  • Strong pipeline of ongoing and upcoming redevelopment projects
!Risks

Pranav Constructions IPO Risk

  • Heavy dependence on Mumbai’s Western Suburbs for revenue
  • Delays in approvals or project completion could affect financial performance
  • Dependence on pre-sales creates working-capital and cash-flow risks
  • Construction material price increases could raise project costs
  • Dependence on a limited number of suppliers and contractors
  • Disputes with housing societies could affect redevelopment agreements
  • Title, regulatory and redevelopment-rights issues may create project risks
  • Significant funding requirements for redevelopment projects

Pranav Constructions IPO GMP

Pranav Constructions IPO last GMP is ₹23, last updated Sep 2nd 2026 11:00 AM. With the upper price band of ₹124.00, Pranav Constructions IPO's estimated listing price is ₹147 (cap price + today's GMP). The expected percentage gain/loss per share is 18.55%. >> Pranav Constructions IPO Retail Subject to Sauda: ₹2100 >> Pranav Constructions IPO Small HNI Subject to Sauda: ₹29400

+23+18.5%

Last updated 02 Sep, 2026 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
02 Sep, 2026124₹23-₹147 (18.55%)276002 Sep, 2026
01 Sep, 20260₹23-₹23 (0.00%)-01 Sep, 2026

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Pranav Constructions IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Pranav Constructions IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.

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