Pranav Constructions IPO listing: listed at ₹165, +33.1% over the issue price

Pranav Constructions listed on NSE, BSE on 15 Sep 2026 at ₹165 per share, +₹41 (+33.1%) against the upper price band of ₹124. The issue (price band ₹118 – ₹124, bidding 7 Sep 2026 to 9 Sep 2026) was subscribed 126.34x overall. The last grey-market premium we captured before listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​​⁠⁠⁠⁠⁠​​​⁠​​​​​⁠⁠⁠​⁠​⁠​​​​​⁠⁠​⁠⁠​⁠⁠⁠⁠​⁠​⁠⁠​​⁠⁠​​​⁠​⁠​⁠​⁠​⁠⁠⁠​​was ₹49 on 14 Sep 2026 (daily average of 15 quotes), which implied a listing price of ₹173; the shares listed at ₹165, ₹8 below that.

Updated 6 Oct 2026, 19:02 IST. Dated dealer references.

Listing day facts

Pranav Constructions IPO listing, as recorded on 15 Sep 2026
Listing date15 Sep 2026
ExchangeNSE, BSE
Listing price₹165
Upper price band (issue price basis)₹124
Gain or loss vs upper band+₹41 per share (+33.1%)
Price band₹118 – ₹124
Issue dates7 Sep 2026 to 9 Sep 2026
Subscription (overall, at close)126.34x, as of 9 Sep 2026
Lot size120 shares
Gain or loss per lot vs upper band+₹4,920

Grey-market premium against the actual listing

The last grey-market premium we captured before listing was ₹49 on 14 Sep 2026 (daily average of 15 quotes), which implied a listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​​⁠⁠⁠⁠⁠​​​⁠​​​​​⁠⁠⁠​⁠​⁠​​​​​⁠⁠​⁠⁠​⁠⁠⁠⁠​⁠​⁠⁠​​⁠⁠​​​⁠​⁠​⁠​⁠​⁠⁠⁠​​price of ₹173; the shares listed at ₹165, ₹8 below that.

Pranav Constructions IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹165 on 15 Sep 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
1 Sep 2026₹22₹146+₹19 (+13.0%)2
2 Sep 2026₹24₹148+₹17 (+11.5%)10
3 Sep 2026₹28₹152+₹13 (+8.6%)10
4 Sep 2026₹33₹157+₹8 (+5.1%)11
5 Sep 2026₹38₹162+₹3 (+1.9%)12
6 Sep 2026₹42₹166−₹1 (−0.6%)11
7 Sep 2026₹43₹167−₹2 (−1.2%)9
8 Sep 2026₹42₹166−₹1 (−0.6%)9
9 Sep 2026₹41₹165₹0 (0.0%)10
10 Sep 2026₹44₹168−₹3 (−1.8%)10
11 Sep 2026₹47₹171−₹6 (−3.5%)12
12 Sep 2026₹46₹170−₹5 (−2.9%)11
13 Sep 2026₹47₹171−₹6 (−3.5%)13
14 Sep 2026₹49₹173−₹8 (−4.6%)15

GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​​⁠⁠⁠⁠⁠​​​⁠​​​​​⁠⁠⁠​⁠​⁠​​​​​⁠⁠​⁠⁠​⁠⁠⁠⁠​⁠​⁠⁠​​⁠⁠​​​⁠​⁠​⁠​⁠​⁠⁠⁠​​by day. Only the price band and the exchange listing price are official.

Frequently asked questions

What was the Pranav Constructions IPO listing price?

Pranav Constructions listed on NSE, BSE on 15 Sep 2026 at ₹165 per share.

How did Pranav Constructions list against the issue price?

The listing price of ₹165 was +₹41 per share (+33.1%) against the upper price band of ₹124.

What did the grey market indicate before Pranav Constructions listed?

The last grey-market premium we captured before listing was ₹49 on 14 Sep 2026 (daily average of 15 quotes), which implied a listing price of ₹173; the ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​​⁠⁠⁠⁠⁠​​​⁠​​​​​⁠⁠⁠​⁠​⁠​​​​​⁠⁠​⁠⁠​⁠⁠⁠⁠​⁠​⁠⁠​​⁠⁠​​​⁠​⁠​⁠​⁠​⁠⁠⁠​​shares listed at ₹165, ₹8 below that. GMP is unofficial and not a forecast.

Where do Pranav Constructions shares trade now?

On NSE, BSE. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.

Pranav Constructions IPO overview · GMP history · Subscription status · Allotment status

Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​​⁠⁠⁠⁠⁠​​​⁠​​​​​⁠⁠⁠​⁠​⁠​​​​​⁠⁠​⁠⁠​⁠⁠⁠⁠​⁠​⁠⁠​​⁠⁠​​​⁠​⁠​⁠​⁠​⁠⁠⁠​​unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Pranav Constructions IPO Listing