BY THE NUMBERS.
TICKET CLASSES.
WHAT THE CHATTER IMPLIES.
GMP +₹23 (+18.55%)
RECORDED 02 SEPT 2026, 10:32 IST
HOW THE ISSUE IS BUILT.
The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.
WHO GETS WHICH SEATS.
ON THE DASHBOARD.
THE RUNNING RECORD.
WHO ELSE RUNS THIS LINE.
Notes: All the financial information for the Company mentioned above is based on the Restated Financial information, for the financial year ended March 31, 2026 All the financial information for listed industry peer mentioned above is sourced from the audited financial statements of the relevant company for Fiscal 2026 as available on the websites of the Stock Exchanges The industry P/E ratio mentioned above is for the Financial Year ended March 31, 2026. P/E ratio has been computed based on the closing market price of equity shares on NSE/BSE on July 23, 2026, divided by the Diluted EPS for the year ended March 31, 2026. For listed peers, Net Asset Value (NAV) is computed as equity attributable to owners (total equity) divided by the number of equity shares outstanding as on March 31, 2026. For listed peers, Return on Net Worth for equity shareholders (RONW) (%) = Profit for the year divided by total average equity. EBITDA is calculated as PBT+ Interest+ Depreciation and Amortizations+ Finance cost.
WHAT THE MONEY IS FOR.
Incorporated in 2003, Pranav Constructions Limited is an Indian construction company specializing in residential, commercial, and infrastructure development projects. Key Services: Residential Projects: Develop affordable housing, premium apartments, and gated communities. Commercial Projects: Builds office spaces, retail centers, and mixed-use developments. Infrastructure Development: Engaged in road construction, bridges, water supply projects, and other public infrastructure works. Redevelopment Expertise: The company has in-house capabilities to manage the entire redevelopment process, including: Tendering Stage - Bidding for projects. Pre-Construction Stage - Planning and approvals. Construction Stage - Project execution. Post-Construction Stage - Final handover and management. Market Position & Projects: Leader in MCGM Redevelopment Projects in Mumbai's Western Suburbs (based on units supplied and projects completed/under construction). Completed Redevelopment Projects: 26 projects with a total developable area of 1.25 million sq. ft. Some notable projects include: Gold Coin CHSL, Gala Apartments CHSL, Ramesh Mandir CHSL, New Shalimar Apartments CHSL, Malad Marudhar CHSL, and Tiara CHSL in Malad. Popular Terrace CHSL in Borivali. Under-Construction Redevelopment Projects: 11 projects with 1.07 million sq. ft. of total developable area. Upcoming Redevelopment Projects: 21 projects with 1.87 million sq. ft. of total developable area. Growth & Expansion: Between March 31, 2012, and March 31, 2021, the company procured 27 redevelopment projects with a total developable area of 1.86 million sq. ft. From April 1, 2021, to December 31, 2024, it secured 31 redevelopment projects covering 2.33 million sq. ft. The company had 139 employees as of December 31, 2024.
ON THE ROSTER.
COMMON QUESTIONS.
What is the Pranav Constructions IPO price band?+
The indicative price band is ₹124 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).
What is the lot size of the Pranav Constructions IPO?+
One lot is 120 shares. At the upper band of ₹124, one lot works out to ₹14,880.
How many lots can a retail investor apply for in the Pranav Constructions IPO?+
A retail application runs from 1 lot (120 shares, ₹14,880) up to 13 lots (1,560 shares, ₹1,93,440) — the most that fits under SEBI's ₹2 lakh retail ceiling.
What is the minimum HNI application in the Pranav Constructions IPO?+
A small-HNI (sHNI) application starts at 14 lots — 1,680 shares, ₹2,08,320. A big-HNI (bHNI) application starts at 68 lots — 8,160 shares, ₹10,11,840, above the ₹10 lakh boundary.
When does the Pranav Constructions IPO open and close?+
The issue opens on 07 Sept 2026 and closes on 09 Sept 2026. Dates can move — the registrar and the exchange notices are the record.
When is the Pranav Constructions IPO allotment?+
Allotment is scheduled for 10 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.
When does Pranav Constructions list?+
Listing is scheduled for 15 Sept 2026 on NSE, BSE.
Where will Pranav Constructions be listed?+
Pranav Constructions is proposed for listing on NSE, BSE. It is a mainboard issue.
How large is the Pranav Constructions IPO?+
The issue size is ₹351.03 Cr — a fresh issue of ₹315.6 cr and an offer for sale of ₹35.43 cr. Figures are indicative and subject to the RHP.
What is the difference between the fresh issue and the offer for sale in the Pranav Constructions IPO?+
Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.
What is the grey market premium (GMP) for the Pranav Constructions IPO?+
The last GMP we recorded is +₹23 (+18.55%), as at 02 SEPT 2026, 10:32 IST. GMP is unofficial grey-market chatter. It is not a quote from any exchange, it is not a price anyone is obliged to honour, it moves through the day and it often does not match the eventual listing price. We publish it as information only.
What listing price does the GMP imply for Pranav Constructions?+
Adding the last recorded GMP to the upper band gives ₹147. That is a calculation, not a forecast or an investment recommendation, and it is built on an unofficial grey-market figure.
Who is the registrar for the Pranav Constructions IPO?+
The registrar to the issue is Kfin Technologies Ltd. (040-79615565), pcpl.ipo@kfintech.com.
Where can I check the Pranav Constructions IPO allotment status?+
Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.