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Pranav Constructions Limited
IPO Type:
Mainboard
Status:
Listed
Sector:
Real Estate / Redevelopment Projects (Mumbai)
Exchange:
BSE & NSE
Pranav Constructions Limited, incorporated July 2003, is a Mumbai-based 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. Also develops residential, commercial and infrastructure projects. Revenue grew 20% YoY to Rs 761.60 Cr in FY26; PAT rose 15% to Rs 71.32 Cr. Promoters: Pranav Kiran Ashar, Ravi Ramalingam. Issue: fresh Rs 315.60 Cr + OFS of 28.57 lakh shares by Bio Urja India Infra Pvt Ltd. Raised Rs 84.25 Cr from anchor investors on Sep 4. Final subscription: 121x overall.
Issue Size (Cr)
351.03
121
x times original subscription
165
Listing Price (₹)
Issue Dates
Sep 7-9
Price Band
₹118 to ₹124
Allotment Date
10 September 2026
Listing Date
15 September 2026
Lot Size
120
QIB (times x)
NII (timex x)
Retail (times x)
Min Investment (₹)
14880
Registrar
Kfin Technologies Ltd
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