Pranav Constructions Limited
ListedMainboardReal Estate · NSE / BSE
Incorporated in 2003, Pranav Constructions Limited is an Indian construction company engaged in residential, commercial and infrastructure development. The company develops affordable housing, premium apartments and gated communities, constructs office spaces, retail centres and mixed-use projects, and undertakes infrastructure works such as roads, bridges and water supply projects. It has strong in-house capabilities to handle the complete redevelopment process from bidding and planning to construction and final handover, and is a leading player in MCGM redevelopment projects in Mumbai’s western suburbs. Pranav Constructions has completed 26 redevelopment projects and has several projects under construction and in the pipeline, reflecting steady growth in project acquisitions, and employed 139 people as of December 31, 2024.
Price Band
₹118 – ₹124
Issue Size
₹2830.85 L Cr
Lot Size
120 shares
GMP
₹53
+42.7%
Est. Listing
₹177
at current GMP
Subscribed
126.34x
overall
Open
7 Sep 2026
Close
9 Sep 2026
Allotment
10 Sep 2026
Refund
11 Sep 2026
Demat Credit
12 Sep 2026
Listing
15 Sep 2026
Last updated 13 days ago
Live Grey Market Premium
Pranav Constructions Limited GMP Today
Last updated: 15 Sept 2026
Current Premium
₹53+42.7%
Issue Price (Upper)
₹124
Band: ₹118 – ₹124
Estimated Listing Price
₹177
Upper price + GMP
Lot Size
120 shares
Min investment ₹14,880
Estimated Profit / Lot
₹6,360
120 × ₹53
Pranav Constructions Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹53
▲ 0 today
Updated less than a minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹53 | 42.7% | ₹177 |
| 26 Sep 2026 | +₹53 | 42.7% | ₹177 |
| 25 Sep 2026 | +₹48 | 38.5% | ₹172 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Pranav Constructions Limited Public Issue & Market Profile
Pranav Constructions Limited is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹2,83,08,480 Crores. The shares are offered at a price band of ₹118 to ₹124 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2026-09-09, the basis of allotment is scheduled to be finalized on 2026-09-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Pranav Constructions Limited IPO GMP today?
The latest grey market premium for Pranav Constructions Limited IPO is ₹53, which indicates an expected listing price of ₹177.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.