Pranav Constructions Ltd IPO

Pranav Constructions Ltd IPO

We are the leading real estate company, based on the supply of units and number of completed and under construction MCGM - 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 - Q1 CY26. We are amongst the top redevelopment companies based out of Mumbai predominantly undertaking redevelopment projects in the Western Suburbs focusing on Economical, Mid and Mass4, and Aspirational5 homes.

Pranav Constructions Ltd IPO Details

Total Shares Offered

₹ 2,83,08,481

Offer to Public

28,56,869

Retail Max (Shares)

₹ 1,27,38,817

Pre Issue Promoters Holding

₹ 5,52,19,345

Exchange

BSE

Issue size

₹ 351.03 Cr

IPO Open Date

Sep 7, 2026

Close Date

Sep 9, 2026

Lot Size

120

Min Investment

₹ 14,160

Issue Type

Book Building

Listing Date

Sep 15, 2026

Pranav Constructions Ltd IPO Dates

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Sep 7, 2026
Opening date
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Sep 9, 2026
Closing date
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Sep 10, 2026
Basis of Allotment
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Sep 11, 2026
Initiation of Refunds
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Sep 11, 2026
Credit of Shares
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Sep 15, 2026
Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Pranav Constructions Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations636.27447.4832.53
EBITDA78.4444.4434.25
PAT62.2639.6320.35
Total Assets1,230.88950.67692.41
Share Capital87.173.653.50
Total Borrowings1,189.55795.53641.17
Operating Activities (Net Cash)65.4342.2922.07
Investing Activities (Net Cash)1.455.353.26
Financing Activities (Net Cash)1,189.55795.53641.17
Net Cashflow40.2139.4134.00

About Pranav Constructions Ltd

Our Company was originally incorporated as Pranav Constructions Private Limited, a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated July 31, 2003, issued by the Registrar of Companies, Maharashtra at Mumbai. The name of our Company was subsequently changed to Pranav Constructions Limited, upon conversion of the Company from a private limited to a public limited company, pursuant to a Board resolution dated June 1, 2024, and a Shareholders resolution dated June 5, 2024, and a fresh certificate of incorporation was issued on July 29, 2024, by the Registrar of Companies, Central Processing Centre.

We are the leading real estate company, based on the supply of units and number of completed and under construction MCGM - 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 - Q1 CY26. We are amongst the top redevelopment companies based out of Mumbai predominantly undertaking redevelopment projects in the Western Suburbs focusing on Economical, Mid and Mass4, and Aspirational5 homes.

Peer Comparison:

  • Keystone Realtors Ltd
  • Godrej Properties Ltd
  • Lodha Developers Limited
  • Suraj Estate Developers Limited
  • Kolte-Patil Developers Limited
  • Arkade Developers Limited
  • Kalpataru Limited

Pranav Constructions Ltd Key Points

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.

Risk

Our Redevelopment1 activities are geographically concentrated in the MCGM Region2, which has accounted for 99.70%, 99.69% and 99.50% of our revenue from operations for the Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. Consequently, we are exposed to risks from varying market conditions, economic, regulatory and other changes as well as natural disasters in the MCGM Region, which in turn may have an adverse effect on our business, results of operations, cash flows and financial condition.

An inability to complete our Under-construction Redevelopment Projects and Upcoming Redevelopment Projects by their respective expected completion dates or at all could have a material adverse effect on our business, reputation, results of operations and financial condition.

If we are not able to sell our Redevelopment Projects inventory in a timely manner, it may adversely affect our business, results of operations and financial condition.

Strategy

Continue to focus on Redevelopment and expand in other regions of MCGM.

Continue to focus on our asset-light business model.

Upgrade technology to drive operational efficiency and deliver quality Redevelopment Projects to our customers.

Enhance and leverage the `PCPL' brand.

Focus on environmental friendly solutions.

How To Apply for Pranav Constructions Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Pranav Constructions Ltd IPO?

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Pranav Constructions Ltd's IPO offers shares for up to 315.6 It begins on Sep 7, 2026 and ends on Sep 9, 2026.

What is the price of the Pranav Constructions Ltd IPO?

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The price of Pranav Constructions Ltd IPO ranges between ₹118 to ₹124 per share.

What are the open and close dates for the Pranav Constructions Ltd IPO?

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The Pranav Constructions Ltd IPO opens on Sep 7, 2026 and closes on Sep 9, 2026.

When will the Pranav Constructions Ltd IPO be allotted?

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The allotment for the Pranav Constructions Ltd IPO will be finalised on Sep 10, 2026. The shares will be listed on BSE and NSE on Sep 15, 2026.

What is the minimum lot size required for Pranav Constructions Ltd IPO?

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The minimum lot size for Pranav Constructions Ltd IPO is 120 shares, priced between ₹118 to ₹124 per share.

What is the GMP of Pranav Constructions Ltd IPO?

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The GMP (Grey Market Premium) of Pranav Constructions Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Pranav Constructions Ltd IPO?

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To check the allotment status of Pranav Constructions Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Pranav Constructions Ltd IPO getting listed?

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The Pranav Constructions Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 7, 2026, and closes on Sep 9, 2026. The allotment is finalised on Sep 10, 2026.

How do you apply for the Pranav Constructions Ltd IPO?

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To apply for the Pranav Constructions Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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