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
Overall Subscription
126.34x
Total Demand
QIB Multiplier
268.54x
Institutions & Funds
NII / HNI
217.73x
High Net-Worth
Retail (RII)
45.31x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,529,358 | 1,216,322,400 | 268.54x |
| NIB | 4,246,272 | 924,549,840 | 217.73x |
| HNIs(10L +) | 2,830,848 | 685,246,320 | 242.06x |
| HNIs (2-10L) | 1,415,424 | 239,303,520 | 169.07x |
| RETAIL | 12,738,816 | 577,173,840 | 45.31x |
| Total | 25,760,718 | 3,642,595,920 | 126.34x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 106,157 | 4,254,502 | 40.08x |
| HNIs(10L +) | 1,685 | 82,647 | 49.05x |
| HNIs (2-10L) | 843 | 138,037 | 163.74x |
| Total Applications | 108,685 | 4,475,186 | 41.18x |
Day-Wise Subscription Progress
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 the issue size and price band for Pranav Constructions Limited IPO?
The Pranav Constructions Limited IPO aggregate issue size is ₹2,83,08,480 Crores with an equity price band set at ₹118 to ₹124 per equity share. The retail lot size is 120 shares requiring a minimum capital outlay of approx. ₹14,880.
How can I check Pranav Constructions Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Pranav Constructions Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-09-10.