Pranav Constructions IPO Financials
MainboardListedUpdated · GMP, subscription and listing data refresh through the day.
Pranav Constructions IPO Details
Market capitalisation is the post-issue share count in the offer document’s capital structure (11,26,22,782 shares) multiplied by the upper end of the price band, ₹124. It is arithmetic on those two filed figures, not a valuation.
Pranav Constructions IPO Objects of the Offer what the fresh issue funds
| Object of the offer | ₹ crore |
|---|---|
| Funding costs towards government and statutory approvals, purchase of additional FSI, and compensation to members for alternate accommodation and hardship, for certain under-construction and upcoming redevelopment projects | ₹145.72 |
| Repayment or pre-payment, in full or in part, of certain outstanding borrowings | ₹91.5 |
| Funding acquisition of future redevelopment projects and general corporate purposes | — |
As stated in the “Objects of the Offer” section of the offer document. Proceeds of the offer for sale go to the selling shareholders, not to the company.
Pranav Constructions Financials ₹ in crore
| ₹ crore | 2023 | 2024 |
|---|---|---|
| Revenue | ₹355.26 | ₹447.48 |
| Expenses | — | — |
| Net profit (PAT) | ₹20.35 | ₹39.62 |
| PAT margin | 5.7% | 8.9% |
| Total assets | ₹702.66 | ₹966.8 |
Pranav Constructions IPO Valuation and Listed Peers as stated in the offer document
| Company | P/E | EPS | RoNW | NAV / share |
|---|---|---|---|---|
| Pranav Constructions this issue, at ₹124 | — | ₹8.18 | 33.78% | ₹28.3 |
| Keystone Realtors Limited | 64.86× | ₹6.25 | 3.34% | ₹229.29 |
| Godrej Properties Limited | 33.25× | ₹61.43 | 9.97% | ₹642.58 |
| Lodha Developers Limited | 33.48× | ₹34.34 | 15.71% | ₹234.55 |
| Suraj Estate Developers Limited | 9.94× | ₹19.51 | 9.53% | ₹207.87 |
| Kolte-Patil Developers Limited | — | −₹4.51 | −3.73% | ₹135.84 |
| Arkade Developers Limited | 482.59× | ₹0.29 | 0.6% | ₹47.51 |
| Kalpataru Limited | 56.64× | ₹4.76 | 2.45% | ₹198.04 |
The issue’s own figures are copied from the “Basis for the Offer Price” section of its offer document at the upper end of the price band, and the peers are the listed companies Pranav Constructions names in that same section as its comparison set. Peer figures are for the periods the document states, so they are not necessarily the latest reported. Every cell is transcribed from the filing; none is calculated here, and a figure the document does not state is left blank.
Pranav Constructions Shareholding before & after the IPO
The founding owners and their group entities.
The pre-issue ring is the shareholding-pattern table printed in this issue’s red herring prospectus. No red herring prospectus states a post-issue register — every post-Offer column in one reads “[•], to be included in the Prospectus, subject to finalisation of Basis of Allotment”. So the second ring is worked out from the offer’s own structure. The fresh issue creates shares and dilutes everyone (₹3,156.00 million fresh issue ÷ ₹124 upper band); an offer for sale creates none, and moves the promoters’ holding only by what the promoters themselves sell — 55,219,345 held before the offer − 0 offered for sale by the promoters. Shares sold by an investor or any other shareholder reach the public without touching the promoter block. Projected at the upper end of the price band, and subject to the basis of allotment. Pre-issue percentages are taken from the disclosure, never estimated.
Pranav Constructions Anchor Investors as filed with the exchange
| Anchor book | As filed |
|---|---|
| Shares allocated to anchors | 67,94,034 |
| Anchor allocation price | ₹124 |
| Amount raised from anchors | ₹84.25 Cr |
| Anchor investors | 14 |
| Of which domestic mutual funds | 19,75,680 (29.08%) across 7 schemes |
From the company’s anchor allocation letter filed with the exchange the day before bidding opened. The individual investors are not listed here: this issuer filed the letter as a scan, and rather than print names a reader could not rely on, only the figures the letter states are shown — each one checked against the letter’s own table, whose rows add up to the total exactly.
Pranav Constructions IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹124 |
|---|---|---|
| Retail (min)1 lot | 120 | ₹14,880 |
| Retail (max)13 lots | 1,560 | ₹1,93,440 |
| sHNI (min)14 lots | 1,680 | ₹2,08,320 |
| bHNI (min)68 lots | 8,160 | ₹10,11,840 |
One lot is 120 shares, so a single application at the ₹124 cut-off costs ₹14,880. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
About Pranav Constructions
Pranav Constructions Limited is a real estate company primarily engaged in the redevelopment of properties in the Western Suburbs of the MCGM Region. The company undertakes redevelopment projects, focusing on economical, mid and mass, and aspirational homes. It was incorporated in 2003 and is headquartered in Mumbai, Maharashtra.
Pranav Constructions IPO Strengths & Risks as disclosed in the DRHP
How to check Pranav Constructions IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Pranav Constructions Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 09 Sept 2026 and listing on 15 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
Pranav Constructions IPO Financials FAQs
What is the revenue of Pranav Constructions?
Pranav Constructions Limited reported revenue of ₹447.48 crore in FY2024, as restated in its offer document. The table on this page shows each reported year.
Is Pranav Constructions profitable?
Pranav Constructions Limited reported a profit after tax of ₹39.62 crore in FY2024. Earlier years are in the table above.
Where do the Pranav Constructions IPO financials come from?
From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.
Pranav Constructions IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Pranav Constructions IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (09 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹50 on a ₹124 upper band means the grey market is dealing at ₹174.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.