upcoming · IPO · BSE/NSE · opens 7 September 2026
Pranav Constructions Limited
Will raise ₹367.07 Cr at ₹118 – ₹124 per share.
₹118 – ₹124
price band per share
Price band
₹118 – ₹124
Shares per lot
120
Retail minimum
₹14,880
Issue size
₹367.07 Cr
Face value
₹10
Company research
Tijori FinancePranav Constructions Limited, incorporated in 2003, is a real estate company focused on pure-play redevelopment projects in Mumbai, primarily the Western Suburbs. It undertakes residential redevelopment across Economical, Mid & Mass, and Aspirational housing segments.
Financials — ₹ crore
| Period | Revenue | PAT | Debt |
|---|---|---|---|
| Mar 2024 | 447.48 Cr | 39.62 Cr | 99.34 Cr |
| Mar 2025 | 636.27 Cr | 62.26 Cr | 196.5 Cr |
| Mar 2026 | 761.6 Cr | 71.33 Cr | 258.44 Cr |
Revenue mix
Real estate development
100%
Peer comparison
Company Mkt cap Revenue P/E P/B
PRANAV 1,397 761 Cr 19.59 5.66
RUSTOMJEE 4,777 2,634 Cr 40.66 1.67
GODREJPROP 59,842 5,131 Cr 37.4 3.12
LODHA 1,21,965 16,676 Cr 29.56 5.24
SURAJEST 852 549 Cr 9.28 0.86
Subscription by investor category
as of 7 Sept, 08:13 pm ISTTotal demand
— shares bid
1.85×
1
0.24× QIB — Qualified Institutional Buyers
11,38,440 shares bid · 47,01,558 offered
5
11,38,440 QIB · Others
6
3.08× NII — Non-Institutional Investors
1,36,93,560 shares bid · 44,40,395 offered
7
2.37× NII · Big (> ₹10 lakh)
70,26,720 shares bid · 29,60,264 offered
8
4.5× NII · Small (≤ ₹10 lakh)
66,66,840 shares bid · 14,80,131 offered
9
2.01× Retail Individual Investors
2,67,67,320 shares bid · 1,33,21,184 offered
Bid book by price
where the demand sits ₹124 12,60,10,560
₹123 12,60,26,040
₹122 12,60,45,240
₹121 12,60,51,720
₹120 12,60,93,720
₹119 12,61,00,080
₹118 12,82,90,080
Updated 07-Sep-2026 17:00:00.
Parties to the issue
Book-running lead manager
Centrum Broking Limited
Registrar
KFin Technologies Limited
Sponsor bank
HDFC Bank
Exchange filings
Fields captured from NSE and BSEIssue information
- Symbol
- PRANAV
- Issue period
- 2026-09-07 to 2026-09-09
- Issue size
- 2,96,02,631 shares
- Price range
- Rs.118 to Rs.124
- Lot size
- 120
- Face value
- Rs.10
- Tick size
- Rs.1
- Book running lead managers
- Centrum Broking Limited
- Sponsor bank
- HDFC BANK
- Name of the Registrar
- KFin Technologies Limited
- Red Herring Prospectus
- https://www.bseindia.com/downloads/ipo/335516/IPO%20Open/6RHPSigned_20260903150028.pdf
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