Pranav Constructions
Price band ₹0 · Issue ₹0.0 Cr
Market attention score 15 (how ranked)
IPO alerts
Get notified for open, close, allotment. Delivered in-app, push, and email.
Automated WhatsApp broadcasts aren't available yet — use this to ping yourself or a group.
Opens
7 Sept 2026
Closes
9 Sept 2026
Allotment
10 Sept 2026
Listing
15 Sept 2026
At a glance
IPO Open Mon, Sep 7, 2026 IPO Close Wed, Sep 9, 2026 Price Band To be declared Market Cap To be declared IPO Details IPO Date 7 to 9 Sep, 2026 Listing Date Tue, Sep 15, 2026 T Face Value ₹ 10 per share Price Band Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Fresh Issue [.] shares (agg. up to ₹ 316 Cr) Offer for Sale 28,56,869 shares of ₹ 10 (agg. up to ₹ [.] Cr) Share Holding Pre Issue 8,71,71,170 shares IPO Timetable (Tentative) IPO Open Mon, Sep 7, 2026 IPO Close Wed, Sep 9, 2026 Allotment Thu, Sep 10, 2026 Refund Fri, Sep 11, 2026 Credit of Shares Fri, Sep 11, 2026 Listing Tue, Sep 15, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not less than 40% of the Offer Retail Not more than 45% of the Offer NII Not more than 15% of the Offer About Pranav Constructions Ltd. Updated on Sep 1, 2026 Incorporated in July 2003, Pranav Constructions Limited is a real estate company primarily engaged in redevelopment projects in the Municipal Corporation of Greater Mumbai (MCGM) Region, with a predominant focus on the Western Suburbs. The Company was originally incorporated as Pranav Constructions Private Limited and was converted into a public limited company in July 2024.
The Company specializes in pure-play redevelopment and undertakes redevelopment projects across residential segments, including Economical, Mid and Mass, and Aspirational homes. As of March 31, 2026, its portfolio comprised 65 redevelopment projects across the MCGM Region, including 28 completed projects, 20 under-construction projects and 17 upcoming projects, with a combined Total Developable Area of approximately 5.01 million square feet.
Overview
Pranav Constructions IPO is a book build issue . The issue comprises of fresh issue of ₹315.60 crores and offer for sale of 28.57 lakh shares.
Pranav Constructions IPO opens for subscription on Sep 7, 2026 and closes on Sep 9, 2026. The allotment for the Pranav Constructions IPO is expected to be finalized on Sep 10, 2026. Pranav Constructions IPO will list on NSE and BSE with a tentative listing date fixed as Sep 15, 2026.
Pranav Constructions IPO is set issue price band at [.] to [.] per share.
Centrum Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Pranav Constructions IPO RHP for detailed Information.
Issue details
IPO Date
7 to 9 Sep, 2026
Listing Date
Tue, Sep 15, 2026T
Face Value
₹10 per share
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not less than 40% of the Offer |
| Retail | Not more than 45% of the Offer |
| NII | Not more than 15% of the Offer |
About the company
Incorporated in July 2003, Pranav Constructions Limited is a real estate company primarily engaged in redevelopment projects in the Municipal Corporation of Greater Mumbai (MCGM) Region, with a predominant focus on the Western Suburbs. The Company was originally incorporated as Pranav Constructions Private Limited and was converted into a public limited company in July 2024.
The Company specializes in pure-play redevelopment and undertakes redevelopment projects across residential segments, including Economical, Mid and Mass, and Aspirational homes. As of March 31, 2026, its portfolio comprised 65 redevelopment projects across the MCGM Region, including 28 completed projects, 20 under-construction projects and 17 upcoming projects, with a combined Total Developable Area of approximately 5.01 million square feet.
The Company follows an integrated redevelopment model with in-house capabilities across various stages of project execution, including tendering, pre-construction, construction and post-construction activities. Its business model involves entering into redevelopment agreements with co-operative housing societies, supporting a capital-efficient approach to project development.
Pranav Constructions has been undertaking redevelopment projects since 2012 and has established a presence in Mumbai's Western Suburbs.
As of March 31, 2026, the Company had 198 permanent employees, including whole-time directors, across functions such as construction management, sales and customer relationship management, architecture, legal and compliance, finance, administration and human resources.
- Track record of consistent financial performance.
- Capital-efficient business model with high barriers to entry.
- Established customer-centric brand with strong stakeholder management.
- Demonstrated project execution capabilities supported by in-house functional expertise.
- Experienced Promoters and professional senior management with corporate governance practices.
- Among the leading real estate companies in Mumbai's Western Suburbs with a demonstrated growth and strong project pipeline.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,799.19 | 1,246.29 | 966.80 |
| Total Income | 763.93 | 638.24 | 449.75 |
| Profit After Tax | 71.32 | 62.25 | 39.62 |
| EBITDA | 130.83 | 98.54 | 59.73 |
| NET Worth | 246.70 | 175.59 | 88.37 |
| Reserves and Surplus | 159.52 | 88.41 | 84.70 |
| Total Borrowing | 258.44 | 196.50 | 99.34 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 33.78% | 47.17% |
| ROCE | 24.34% | 24.83% |
| Debt/Equity | 1.08 | 1.15 |
| RoNW | 33.78% | 47.17% |
| PAT Margin | 9.37% | 9.78% |
| EBITDA Margin | 17.18% | 15.49% |
| NAV | 28.30 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
8.18
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 63.35% | |
| Public | 36.65% | |
| Total | 100% |
Objects of the issue
- — Funding costs towards obtaining government and statutory approvals and purchase of additional FSI and cost towards Compensation to members towards alternate accommodation, and hardship compensation, in relation to the development of certain of the Under-construction Redevelopment Projects, and certain of the Upcoming Redevelopment Projects (Funding Redevelopment Expenses
- — Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
- — Funding acquisition of future redevelopment projects and general corporate purposes.
Intermediaries
Registrar
Kfin Technologies Ltd.
Lead manager(s)
Centrum Capital Ltd., PNB Investment Services Ltd.
FAQs
How to apply in Pranav Constructions IPO through Zerodha?+
Zerodha customers can apply online in Pranav Constructions IPO using UPI as a payment gateway. Zerodha customers can apply in Pranav Constructions IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Pranav Constructions IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Pranav Constructions IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Pranav Constructions IPO will open?+
The Pranav Constructions IPO opens on Mon, Sep 7, 2026 and closes on Wed, Sep 9, 2026.
What is the lot size of Pranav Constructions IPO?+
Pranav Constructions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
How to apply for Pranav Constructions IPO?+
You can apply in Pranav Constructions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Pranav Constructions IPO allotment?+
The finalization of Basis of Allotment for Pranav Constructions IPO will be done on Thursday, September 10, 2026 , and the allotted shares will be credited to your demat account by Fri, Sep 11, 2026 . Check the Pranav Constructions IPO allotment status .
When is Pranav Constructions IPO listing date ?+
The Pranav Constructions IPO listing date is not yet announced. The tentative date of listing is Tue, Sep 15, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.