Status
Listed
Price band
₹118–₹124
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
120 shares
Minimum money
₹14,880 for 1 lot
Issue size
₹351.03 crore
Dates
7 Sept 2026 – 9 Sept 2026
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Pranav Constructions Ltd. IPO is listed. It opens on 7 Sept 2026 and closes on 9 Sept 2026. The price band is ₹118 to ₹124. One lot is 120 shares, and the minimum amount is ₹14,880. The issue size is ₹351.03 crore, with a fresh issue of ₹315.6 crore and an offer for sale of ₹35.43 crore. In FY26, total income was ₹763.93 crore and profit after tax was ₹71.32 crore. Total income was up 19.7% from ₹638.24 crore in FY25. Profit after tax was up 14.6% from ₹62.25 crore in FY25.
The total subscription for Pranav Constructions Ltd. is 126.34 times.
Pranav Constructions Ltd. listed at ₹165.
Pranav Constructions is a Mumbai real estate developer focused on redevelopment projects. Most of its projects are in Mumbai's western suburbs.
Dates
Opens
7 Sept 2026
Closes
9 Sept 2026
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
10 Sept 2026
Refunds
11 Sept 2026
Demat credit
11 Sept 2026
Listing
15 Sept 2026
Objects of the issue
- Funding costs towards obtaining government and statutory approvals and purchase of additional FSI and cost towards Compensation to members towards alternate accommodation, and hardship…
- 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
Promoters
Pranav Kiran Ashar and Ravi Ramalingam
Subscription
Subscribed 126.34x overall. Final, as of 9 Sept 5 pm IST.
Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
268.54x
Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
217.73x
Retail
45.31x
Total
126.34x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹315.6 crore |
| Offer for sale | ₹35.43 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 45% |
| Large bids | 15% |
| Big funds | 40% |
Issue
- Face value
- ₹10
- Fresh issue
- ₹315.6 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹35.43 crore
- Exchanges
- BSE, NSE
- Registrar
- Kfin Technologies Ltd.
Reservation
- Retail
- 45%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 40%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹449.75 crore | ₹39.62 crore |
| FY25 | ₹638.24 crore | ₹62.25 crore |
| FY26 | ₹763.93 crore | ₹71.32 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹88.37 crore |
| FY25 | ₹175.59 crore |
| FY26 | ₹246.7 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 449.75 | 39.62 | 88.37 | — | — |
| FY25 | 638.24 | 62.25 | 175.59 | — | — |
| FY26 | 763.93 | 71.32 | 246.7 | — | — |
Listing
- Listing price
- ₹165
- Close on listing day
- ₹132
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 33.06% versus ₹124
Frequently asked questions
When does this issue open?
It opens on 7 Sept 2026 and closes on 9 Sept 2026.
What is the lot size and the minimum amount?
One lot is 120 shares. The minimum amount is ₹14,880 for 1 lot.
When are allotment and listing?
Allotment is on 10 Sept 2026. Listing is on 15 Sept 2026.
What is the price band?
The price band is ₹118 to ₹124.
What is the issue size?
The issue size is ₹351.03 crore.
How many times was it subscribed?
The total subscription is 126.34 times, checked 9 Sept 2026, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 33.06%.
This page is a calendar of dates and prices. It is not a recommendation to apply.