Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Pranav Constructions Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹124
Per ShareLot Size
120 Shares
Minimum Investment
₹14,880
Issue Size
₹351.03 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
45%
QIB Quota
40%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
63.35%
Promoter Holding (Post-Issue)
49.03%
Issue Type
Book Building
ISIN
INE0H4201019
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.
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.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 28,308,481 equity shares of face value of Rs. 10 each ("Equity Shares") of Pranav Constructions Limited (the "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 124 per equity share (including a premium of Rs. 114 per equity share) (the "Offer Price") aggregating to Rs. 351.03 Crores (the "Offer") comprising a fresh issue of 25,451,612 equity shares by the company aggregating to Rs. 315.6 Crores (the "Fresh Issue") and an offer for sale of 2,856,869 equity shares of face value of Rs. 10 each by Biourja India Infra Private Limited aggregating to Rs. 35.43 Crores (such offer for sale of equity shares of face value of Rs. 10 each by the selling shareholder, the "Offer For Sale"). The offer shall constitute 25.14% of the post-offer paid up equity share capital of the company. Price Band: Rs. 124 per equity share of face value of Rs. 10 each. The floor price is 12.40 times the face value of the equity shares. Bids can be made for a minimum of 120 equity shares bearing face value of Rs. 10 each and in multiples of 120 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.