The allotment status for the ₹351.03 crore Pranav Constructions IPO is likely to be announced today, September 9, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, KFin Technologies Limited.
After the allotment process is complete, the shares are tentatively scheduled to list on the NSE and BSE on September 15, 2026.
Procedure to Check Pranav Constructions IPO Allotment Status Online on NSE
- Visit the NSE’s IPO allotment verification status page here.
- Select “Equity & SME IPO Bid Details”.
- In Select Symbol, select “PRANAV”.
- Enter your PAN No. and Application No.
- Click “Submit”.
Procedure to Check Pranav Constructions IPO Allotment Status Online on BSE
- Click here to visit the application status page.
- Under Issue Type, select “Equity”.
- In Issue Name, select “Pranav Constructions Limited”.
- Enter your “Application No. or PAN No.”
- Enter the given Captcha correctly.
- Click “Submit”.
Procedure to Check Pranav Constructions IPO Allotment Status on KFin Technologies Limited (Registrar to the Issue)
- Visit the KFin Technologies’ IPO allotment status page here.
- In Select IPO, select “PRANAV CONSTRUCTIONS LIMITED IPO”.
- Enter any of the following details.
- App. No.
- Demat Account
- PAN
- Click “Submit”.
Pranav Constructions IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to ₹351.03 crore
- Fresh Issue: Up to ₹315.60 crore
- Offer for Sale (OFS): Up to ₹35.43 crore
- Face Value: ₹10 per equity share
- Price Band: ₹118 to ₹124 per share
- Lot Size: 120 shares
- Minimum Investment Amount (Retail Investor): ₹14,880 (120 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Centrum Broking Limited and PNB Investment Services Limited
- Registrar: KFin Technologies Limited
Explore other Upcoming IPOs on BSE and NSE.
Pranav Constructions IPO Overall Subscription Status
[September 9, 2026, 7:00 PM]
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Category
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Subscription (x)
|
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Qualified Institutional Buyers (QIBs)
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258.71x
|
|
Non-Institutional Investors (NIIs)
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208.211x
|
|
Retail Individual Investors (RIIs)
|
43.33x
|
|
Total
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121.00x
|
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- 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 the company’s Under-construction Redevelopment Projects, and certain of its 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
- General corporate purposes.
About Pranav Constructions Limited
Pranav Constructions is a prominent Mumbai-based real estate developer with a strong foothold in the MCGM redevelopment segment, particularly in the city's Western Suburbs. The company primarily develops residential projects across the economical, mid-income, mass, and aspirational housing categories.
As of March 31, 2026, Pranav Constructions had a portfolio of 65 redevelopment projects within the MCGM region, including 28 completed, 20 under construction, and 17 upcoming developments. These projects represent a total developable area of around 5.01 million sq. ft., with 34 completed or ongoing MCGM redevelopment projects comprising 1,864 residential units.
Key Financial Highlights
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Particulars
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FY26
(in ₹ crore)
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FY25
(in ₹ crore)
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FY24
(in ₹ crore)
|
|
Revenue from operations
|
761.60
|
63.63
|
44.75
|
|
EBITDA
|
130.83
|
98.54
|
59.73
|
|
Profit After Tax (PAT)
|
71.32
|
62.25
|
39.62
|
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