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Pranav Constructions Limited IPO | Key Dates, Price Band, and Lot Size
Author
Shoonya Team
Pranav Constructions Limited is launching a ₹351.03 crore IPO, with subscription opening on September 7, 2026. The IPO will close on September 9, 2026. The shares will be listed on the BSE and NSE, with a tentative listing date of September 15, 2026.
The price band is set at ₹118 to ₹124 per share, and the minimum lot size is 120 shares. Retail investors need a minimum investment of ₹14,880 at the upper price band. In comparison, sNII investors must apply for at least 1,680 shares worth ₹2,08,320, while bNII investors must apply for at least 8,160 shares worth ₹10,11,840.
The Pranav Constructions IPO comprises a fresh issue of 2.55 crore shares, aggregating to ₹315.60 crore, and an offer for sale of 28.57 lakh shares, aggregating to ₹35.43 crore.
Pranav Constructions Limited | IPO Details
| Detail | Information |
|---|---|
| IPO Opening Date | September 7, 2026 |
| IPO Closing Date | September 9, 2026 |
| Tentative IPO Listing Date | September 15, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹118 – ₹124 per share |
| Lot Size | 120 shares |
| Total Issue Size | 2,83,08,481 shares, aggregating to ₹351.03 crore |
| Fresh Issue | 2,54,51,612 shares, aggregating to ₹315.60 crore |
| Offer for Sale | 28,56,869 shares, aggregating to ₹35.43 crore |
| IPO Segment | Main Board, Book-Building IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 8,71,71,170 shares |
| Shareholding Post-Issue | 11,26,22,782 shares |
| Market Cap (At Upper Price) | ₹1,396.52 Cr |
Pranav Constructions Limited | Company Overview
Incorporated in 2003, Pranav Constructions Limited is a real estate company primarily engaged in redevelopment projects across the Municipal Corporation of Greater Mumbai region. Its operations predominantly focus on Mumbai’s Western Suburbs.
The company undertakes residential redevelopment projects across economical, mid and mass, and aspirational housing segments. As of March 31, 2026, its portfolio comprised 65 projects, including 28 completed, 20 under-construction and 17 upcoming projects. These projects represented a total developable area of approximately 5.01 million square feet.
As of March 31, 2026, the company had 198 permanent employees across construction management, architecture, sales, customer relationship management, legal, compliance, finance, administration and human resources.
Interested in applying for the Pranav Constructions IPO?
Subscription open September 7–9, 2026 · Price band ₹118–₹124 · Min. investment ₹14,880
Pranav Constructions Limited | Key Dates
- IPO Opening Date: September 7, 2026
- IPO Closing Date: September 9, 2026
- Allotment Date: September 10, 2026
- Refunds Initiated: September 11, 2026
- Shares Credited to Demat: September 11, 2026
- Listing Date: September 15, 2026
- Cut-off Time for UPI Mandate Confirmation: 5 PM on September 9, 2026
Pranav Constructions IPO | Lot Size & Investment
Investors can bid for a minimum of 120 shares and in multiples thereof. The application amounts below are calculated at the upper price band of ₹124 per share.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 120 | ₹14,880 |
| Retail Maximum | 13 | 1,560 | ₹1,93,440 |
| sNII Minimum | 14 | 1,680 | ₹2,08,320 |
| sNII Maximum | 67 | 8,040 | ₹9,96,960 |
| bNII Minimum | 68 | 8,160 | ₹10,11,840 |
Investor Category Reservations
| Category | Application Value | Cut-off Price Option |
|---|---|---|
| RII | Up to ₹2 lakh | Yes |
| sNII | Above ₹2 lakh and up to ₹10 lakh | No |
| bNII | Above ₹10 lakh | No |
Up to 40% of the offer is available for Qualified Institutional Buyers, at least 45% for retail investors and at least 15% for Non-Institutional Investors.
Pranav Constructions Limited | Financial Overview
Pranav Constructions Limited’s total income increased by approximately 20% between the financial years ending March 31, 2025, and March 31, 2026.
Here is a snapshot of its year-on-year financial performance:
| Detail | 31-Mar-26 | 31-Mar-25 | Change | Change % |
|---|---|---|---|---|
| Assets | 1,799.19 | 1,246.29 | +552.90 | +44.36% |
| Total Income | 763.93 | 638.24 | +125.69 | +19.69% |
| Profit After Tax | 71.32 | 62.25 | +9.07 | +14.57% |
| EBITDA | 130.83 | 98.54 | +32.29 | +32.77% |
| Net Worth | 246.70 | 175.59 | +71.11 | +40.50% |
| Reserves & Surplus | 159.52 | 88.41 | +71.11 | +80.43% |
| Total Borrowings | 258.44 | 196.50 | +61.94 | +31.52% |
Pranav Constructions IPO | FAQs
When does the Pranav Constructions IPO open and close?
The Pranav Constructions IPO opens on September 7, 2026, and closes on September 9, 2026.
What is the price band and lot size for the Pranav Constructions IPO?
The price band is ₹118 to ₹124 per share, and the minimum lot size is 120 shares. Retail investors must apply for at least one lot, amounting to ₹14,880 at the upper price band.
How can I check the allotment status of the Pranav Constructions IPO?
You can check the IPO allotment status on KFin Technologies Limited’s website using your PAN, application number or Demat account details. The status may also be available through the BSE and NSE issue pages.
Who is the registrar for the Pranav Constructions IPO?
KFin Technologies Limited is the registrar for the Pranav Constructions IPO.
What is the refund and Demat credit date for the Pranav Constructions IPO?
Refunds or the release of blocked funds are tentatively scheduled for September 11, 2026. Shares are also expected to be credited to successful applicants’ Demat accounts on the same date.
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