Pranav Constructions IPO Details
Pranav Constructions IPO Market Lot
The Pranav Constructions IPO minimum market lot is 120 shares with ā¹14,880 application amount. The retail investors can apply up-to 13 lots with 1,560 shares of ā¹1,93,440 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 120 | ā¹14,880 |
| Retail Maximum | 13 | 1,560 | ā¹1,93,440 |
| S-HNI Minimum | 14 | 1,680 | ā¹2,08,320 |
| S-HNI Maximum | 67 | 8,040 | ā¹9,96,960 |
| B-HNI Minimum | 68 | 8,160 | ā¹10,11,840 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 67,94,034 Shares | 24% |
| QIB (Ex. Anchor) | 45,29,358 Shares | 16% |
| NII Shares Offered | 42,46,272 Shares | 15% |
| Retail Shares Offered | 1,27,38,816 Shares | 45% |
Pranav Constructions IPO Anchor Investors
Pranav Constructions IPO Dates
The Pranav Constructions IPO date is September 7 and the close date is September 9. The Pranav Constructions IPO allotment will be finalized on September 10 and the IPO listing on September 15 .
| IPO Open Date: | September 7, 2026 |
| IPO Close Date: | September 9, 2026 |
| Basis of Allotment: | September 10, 2026 |
| Refunds: | September 11, 2026 |
| Credit to Demat Account: | September 11, 2026 |
| IPO Listing Date: | September 15, 2026 |
Promoters and Holding Pattern
The promoters of the company are Pranav Kiran Ashar and Ravi Ramalingam.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 5,52,19,345 | 63.35% | 5,23,62,476 | 46.49% |
| Others* | 3,19,51,825 | 36.65% | 6,02,60,306 | 53.51% |
| Total | 8,71,71,170 | 100% | 11,26,22,782 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| 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). | ā¹145.72 |
| Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company. | ā¹91.50 |
| Funding acquisition of future redevelopment projects and general corporate purposes. | ā¹- |
About Pranav Constructions
Pranav Constructions, founded in July 2003, is a real-estate firm that focuses on the redevelopment of old buildings and properties in Mumbai. Rather than building new properties on new land, Pranav Constructions is mainly involved in the redevelopment or renovation of old existing properties into new ones.
It works on different types of housing, including Economical homes, Mid/Mass homes, and Aspirational homes. As of March 2026, the firm had 65 redevelopment projects in the Mumbai MCGM area, of which 28 projects are completed, 20 projects are under construction, and 17 projects are upcoming. The company mostly handles the execution of its redevelopment model itself, from tendering, pre-construction, construction, and post-construction activities.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹449.75 | ā¹410.65 | ā¹39.62 | ā¹966.80 |
| 2025 | ā¹638.24 | ā¹566.16 | ā¹62.25 | ā¹1246.29 |
| 2026 | ā¹763.93 | ā¹669.99 | ā¹71.32 | ā¹1799.19 |
Company Valuation – FY2026
Check Pranav Constructions IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 33.78% |
| ROCE: | 24.34% |
| EBITDA Margin: | 17.18% |
| PAT Margin: | 9.37% |
| Debt to equity ratio: | 1.08 |
| Earning Per Share (EPS): | ā¹8.18 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 33.78% |
| Net Asset Value (NAV): | ā¹28.30 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Keystone Realtors Limited | 6.25 | 64.86 | 3.34% | 229.29 | 2,634.54 Cr. |
| Godrej Properties Limited | 61.43 | 33.25 | 9.97% | 642.58 | 5,131.43 Cr. |
| Macrotech Developers Limited | 34.34 | 33.48 | 15.71% | 234.55 | 16,676.20 Cr. |
| Suraj Estate Developers Ltd | 19.51 | 9.94 | 9.53% | 207.87 | 555.86 Cr. |
| Kolte-Patil Developers Limited | (4.51) | NA | (3.73)% | 135.84 | 734.96 Cr. |
| Arkade Developers Limited | 0.29 | 482.59 | 0.60% | 47.51 | 816.40 Cr. |
| Kalpataru Limited | 4.76 | 56.64 | 2.45% | 198.04 | 3,435.62 Cr. |
IPO Lead Managers aka Merchant Bankers
- Centrum Capital Ltd.
- PNB Investment Services Ltd.
Company Address
Pranav Constructions Ltd.
Unit No. 1001, 10th Floor, DLH Park,
Near MTNL, S.V. Road,
Goregaon (West),
Mumbai, Maharashtra, 400104
Phone: +91 22 6276 9939
Email: compliance.officer@pranavconstructions.com
Website: http://www.pranavconstructions.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 040-79615565
Email: pcpl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
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