Pranav Constructions IPO: In this article, we provide detailed and easy-to-understand information about the Pranav Constructions Limited IPO, including its IPO dates, price band, issue size, lot size, minimum investments and other important IPO-related information.
We also cover key details about the company, its business, financial performance, strengths to help investors better understand the IPO before making an investment decision. The information is compiled from the company’s official documents, stock exchange disclosures and other publicly available sources.
The Pranav Constructions IPO is officially opening for subscription from September 07, 2026 to September 09, 2026. The real estate company, the company aims to raise ₹351.03 Cr. from the market.
You can check the Pranav Constructions IPO GMP Live (Day Wise) here, where you will get information about its latest GMP, changes in GMP and expected listing price. Apart from this, to understand the demand of retail investors during the IPO, you can also check the Pranav Constructions IPO Subscription Status, where subscription information is available in Retail and other categories.
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After the IPO is closed, if retail investors want to know whether shares have been allotted to them or not, then they can also check the Pranav Constructions IPO Allotment Status here. In this way, retail investors can easily see all the three important updates of Pranav Constructions IPO i.e. IPO GMP (Grey Market Premium), IPO Subscription Status and IPO Allotment Status from one place, and along with this, retail investors can also see the IPO Listing.
If you want to know about this Pranav Constructions IPO in detail then read this article carefully.
Pranav Constructions IPO Details
| Issue Open Date | September 07, 2026 |
| Issue Close Date | September 09, 2026 |
| Face Value | ₹10.00 Equity Share |
| Price Band | ₹118.00 – ₹124.00 Per Share |
| Issue Price | ₹124.00 Per Share |
| Lot Size | 120 Share (1 Lot) |
| Listing On | BSE, NSE |
| Total Issue Size | ₹351.03 Cr. (2,83,08,481 Shares) |
| Fresh Issue | ₹315.60 Cr. (2,54,51,612 Shares) |
| Offer For Sale | ₹35.43 Cr. (28,56,869 Shares) |
| Prospectus | RHP | Anchor Investors |
IPO Reservation
The total number of shares in this Pranav Constructions IPO is 2,83,08,481, in which 45.00% quota i.e. 1,27,38,816 shares are reserved for retail investors, rest 40.00% are reserved for QIB and 15.00% for NII.
| Category | Net Issue | Shares Offered |
|---|---|---|
| Retail | 45.00% | 1,27,38,816 |
| Total | 100.00% | 2,83,08,481 |
IPO Market Lot
| Application | Lot | Shares | Amount |
| Retail Minimum | 1 | 120 | ₹14,880 |
| Retail Maximum | 13 | 1,560 | ₹1,93,440 |
Pranav Constructions IPO Dates (Tentative)
| Anchor Bid Date | September 04, 2026 |
| IPO Open Date | September 07, 2026 |
| IPO Close Date | September 09, 2026 |
| IPO Allotment Date | September 10, 2026 |
| Money Refund Date | September 11, 2026 |
| Share Credit Date | September 11, 2026 |
| IPO Listing Date | September 15, 2026 |
Key Performance Indicator
| KPI (March 31, 2026) | Value |
| Market Capitalisation | ₹1,396.52 Cr. (On Upper Price) |
| P/E Ratio | 15.16x |
| EPS | ₹8.18 |
| ROE | 33.78% |
| ROCE | 24.34% |
| RoNW | 33.78% |
| Dept/Equity | 1.08 |
| EBITDA Margin | 17.18% |
| PAT Margin | 9.37% |
| Net Assets Value | ₹28.30 |
| Price To Book Value | — |
IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Keystone Realtors Limited | 64.86x | ₹6.25 | 3.34% | ₹229.29 |
| Godrej Properties Limited | 33.25x | ₹61.43 | 9.97% | ₹642.58 |
| Lodha Developers Limited | 33.48x | ₹34.34 | 15.71% | ₹234.55 |
| Suraj Estate Developers Limited | 9.94x | ₹19.51 | 9.53% | ₹207.87 |
| Kolte-Patil Developers Limited | — | ₹-4.51 | -3.73% | ₹135.84 |
| Arkade Developers Limited | 482.59x | ₹0.29 | 0.60% | ₹47.51 |
| Kalpataru Limited | 56.64x | ₹4.76 | 2.45% | ₹198.04 |
Pranav Constructions Limited Company Financial Report (Restated)
| Period Ended | Total Assets | Total Income | Total Expenses | Total Net Worth | Profit After Tax | EBITDA | Reserves And Surplus | Total Borrow |
|---|---|---|---|---|---|---|---|---|
| March 31, 2026 (Consolidated) | ₹1,799.19 Cr. | ₹763.93 Cr. | ₹669.99 Cr. | ₹246.70 Cr. | ₹71.32 Cr. | ₹130.83 Cr. | ₹159.52 Cr. | ₹258.44 Cr. |
| March 31, 2025 (Consolidated) | ₹1,246.29 Cr. | ₹638.24 Cr. | ₹566.16 Cr. | ₹175.59 Cr. | ₹62.25 Cr. | ₹98.54 Cr. | ₹88.41 Cr. | ₹196.50 Cr. |
| March 31, 2024 (Consolidated) | ₹966.80 Cr. | ₹449.75 Cr. | ₹410.65 Cr. | ₹175.59 Cr. | ₹39.62 Cr. | ₹59.73 Cr. | ₹84.70 Cr. | ₹99.34 Cr. |
Company Promoters
| Category | Pre (IPO) | Post (IPO) |
|---|---|---|
| Promoter & Promoter Group | 63.35% | 48.54% |
| Public | 36.65% | 51.46% |
| Total | 100.00% | 100.00% |
IPO Lead Managers
- Centrum Capital Limited
- PNB Investment Services Limited
IPO 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
Website: www.kfintech.com
About Pranav Constructions Limited (Incorporated in July 2003)
According to information received from RHP, Pranav Constructions Limited is a company operating in the real estate sector in Mumbai, with its primary business being redevelopment projects. The company’s focus is primarily on the Western Suburbs within the Municipal Corporation of Greater Mumbai (MCGM) area. The company was initially incorporated as Pranav Constructions Private Limited and later converted to a Public Limited Company in July 2024.
The company’s business model is primarily based on pure-play redevelopment. Under this, the company develops residential projects for different income groups, including economical, mid- and mass, and aspirational housing.
As of March 31, 2026, the company had a portfolio of 65 redevelopment projects in the MCGM area. Of these, 28 projects were completed, 20 were under construction, and 17 were underway. Combined, the company had a developable area of approximately 5.01 million square feet.
Redevelopment Model of the company
Pranav Constructions Limited isn’t to construction alone, it also handles many key phases of the redevelopment process through its in-house capabilities. This includes processes such as tendering, pre-construction planning, construction, and post-construction activities.
The company typically enters into redevelopment agreements with co-operative housing societies. This model allows the company to adopt a relatively capital-efficient approach to developing projects.
The company has been active in the region for several years, and has been working on redevelopment projects since 2012. During this time, the company has grown its presence and project portfolio, particularly in the Western Suburbs of Mumbai.
Company team
In any real estate and redevelopment business, sales, legal, and customer management play a vital role, along with project execution. As of March 31, 2026, Pranav Constructions had 198 permanent employees, including full-time directors.
The company’s team includes employees from various functions such as construction management, sales, customer relationship management, architecture, legal and compliance, finance, administration, and human resources. This helps the company manage the various stages of redevelopment projects. (Source: RHP)
Company Strengths
- Among the leading real estate companies in the Western Suburbs with a demonstrated growth and strong pipeline.
- Demonstrated project execution capabilities with in-house functional expertise.
- Capital efficient business model with high barriers to entry.
- Established a customer-centric brand in the Western Suburbs with robust stakeholder management.
- Track record of consistent financial performance.
- Experienced Promoters and professional senior management with good corporate governance practices.
Objects Of The Issue
- Funding costs towards obtaining government and statutory approvals and purchase of additional FSI as per applicable laws and cost towards compensation to members towards alternate accommodation, and hardship compensation, in relation to the development of certain of our Under-construction Redevelopment Projects, and certain of the Upcoming Redevelopment Projects (“Funding Redevelopment Expenses”). (Est. Amount ₹145.72 Cr.)
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company. (Est. Amount ₹91.50 Cr.)
- Funding acquisition of future redevelopment projects and general corporate purposes.
Company Address
Pranav Constructions Limited
Unit No. 1001, 10th Floor,
DLH Park, Near MTNL,
S.V. Road, Goregaon (West),
Mumbai – 400 104
Telephone: +91 22 6276 9939
Email: compliance.officer@pranavconstructions.com
Website: www.pranavconstructions.com
Pranav Constructions IPO Review (KPI Based)
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Pranav Constructions IPO FAQs
What are the open and close dates of the Pranav Constructions IPO?
The IPO will open on January 19, 2026 and close on January 21, 2026.
When will the allotment for the Pranav Constructions IPO be finalized?
The IPO allotment is expected to be finalized on January 24, 2026.
When will the shares of Pranav Constructions IPO get listed?
The IPO shares are expected to be listed on BSE and NSE on January 26, 2026.
Desclaimer: This Content Was Compiled By The IPO Investors Team After Researching and Reviewing The Pranav Constructions IPO RHP (Red Herring Prospectus) And Other Official IPO-Related Documents Publicly Available To Investors. This Information Is Provided For Informational And Educational Purposes Only.
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