The Pranav Constructions IPO began on 07-September-2026. It will close on 09-September-2026. The Total IPO Size is 351 Crores. The company set its IPO price at Rs 124 per share.
There are three basic categories in Pranav Constructions’ subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Pranav Constructions is the leading real estate company, based on the supply of units and the number of completed and under-construction MCGM projects- Redevelopment projects in the Western Suburbs, with a total of 1,864 units and 34 MCGM Redevelopment projects (completed and under construction) whereas other developers have 4 to 11 MCGM Redevelopment projects, each launched between CY17 and Q1 CY26 (Source: C&W Report).
They are amongst the top redevelopment companies based out of Mumbai, predominantly undertaking redevelopment projects in the Western Suburbs, focusing on Economical, Mid and Mass, and Aspirational homes.
Pranav Constructions IPO Promoters
Pranav Kiran Ashar and Ravi Ramalingam are the promoters of the company.
Pranav Constructions Date, Details & Price Band
The Pranav Constructions Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 07-September-2026 |
| IPO Closing Dates | 09-September-2026 |
| Price | 118-124 Rs |
| Fresh Issue | 316 Crores |
| Offer for sale | 35 Crores |
| Total IPO size | 351 Crores |
| Face Value | 10 INR per share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| Pre IPO Market Cap | 1,396.52 Cr (on Upper Price) |
Pranav Constructions Market Lot
The Pranav Constructions minimum market lot is 120 shares, with a ₹14,880 application amount.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 120 | ₹14,880 |
| Retail Maximum | 13 | 1,560 | ₹1,93,440 |
| S-HNI Minimum | 14 | 1,680 | ₹2,08,320 |
| S-HNI Maximum | 67 | 8,040 | ₹9,96,960 |
| B-HNI Minimum | 68 | 8,160 | ₹10,11,840 |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-26 | 1,799.19 | 763.93 | 71.32 |
| 31-Mar-25 | 1,246.29 | 638.24 | 62.25 |
| 31-Mar-24 | 966.80 | 449.75 | 39.62 |
Pranav Constructions GMP & Grey Market Premium
The Pranav Constructions GMP (Grey Market Premium) has started today. Check the Latest Pranav Constructions GMP, Kostak Rates, and Subject to Sauda Price here.
Pranav Constructions Prospectus
The Pranav Constructions Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Pranav Constructions Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investors List | Download |
Pranav Constructions Allotment Date & Details
| Allotment Date | 04-September-2026 |
| Initiation of refunds | 07-September-2026 |
| Transfer of shares to Demat accounts | 07-September-2026 |
| Listing Date | 08-September-2026 |
| Check Allotment Status | Click here |
Pranav Constructions Registrar
Kfin Technologies Limited
Selenium Tower B, Plot No. 31 and 32,
Financial District, Nanakramguda,
Serilingampally Hyderabad-500 032,
Telangana, India
Telephone: +91 6716 2222/18003094001
E-mail: pcpl.ipo@kfintech.com
Investor Grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna
SEBI Registration No.: INR000000221
Pranav Constructions Contact Address
Pranav Constructions Ltd.
Unit No. 1001,
10th Floor, DLH Park Near MTNL,
S.V. Road Goregaon (West) Mumbai,
Maharashtra, 400104
+91 22 6276 9939
Pranav Constructions Lead Managers
PNB Investment Services Limited
PNB Pragati Towers, 2nd Floor
Plot No. C-9, G-Block
Bandra Kurla Complex, Bandra (E)
Mumbai – 400 051
Telephone: +91 22 6917 4200
E-mail: project.9realms@pnbisl.com
Website: www.pnbisl.com
Investor grievance e-mail: complaints@pnbisl.com
Contact person: Taher Engineer/ Omkar Nage
SEBI registration No.: INM000011617
Centrum Broking Limited
(as successor to the merchant banking business of Centrum Capital Limited)
Level 9, Centrum House, C.S.T. Road, Vidyanagari Marg
Kalina, Santacruz (East), Mumbai – 400 098
Maharashtra, India.
Telephone: +91 22 4215 9000
E-mail: pcpl.ipo@centrum.co.in
Investor Grievance E-mail: investor.grievances@centrum.co.in
Website: www.centrumbroking.com
Contact Person: Sooraj Bhatia / Tarun Parmani
SEBI Registration No.: INM000013420
