September, 04 2026 Friday 02:09 Hrs
Last update 11-9-2025
  • SENSEX :   76,152.86

  • Top commodity trading and broking companies in India-417.49( -0.55%) 03-Sep-2026
Margin Trading
Facility - MTF MTF
Trade Online

IPO Synopsis

Pranav Constructions Ltd
Initial public offer of up to 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 up to Rs. 351.03 Crores (the "Offer") comprising a fresh issue of up to 25,451,612 equity shares by the company aggregating up to Rs. 315.6 Crores (the "Fresh Issue") and an offer for sale of up to 2,856,869 equity shares of face value of Rs.10/- each by Biourja India Infra Private Limited aggregating up 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 [*]% of the post-offer paid up equity share capital of the company. Price Band: Rs. 118 to Rs. 124 per equity share of face value of Rs. 10 each. The floor price is 11.80 times the face value of the equity shares and the cap 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.
Issue
Opens On Closes On
07-Sep-26 09-Sep-26
Money Payable On
Application Allotment
118.00 0.00
Minimum Application for shares in Nos : 120 Further Multiples of : 120
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Centrum Broking Limited
Project Financed through Current Offer (.Cr) 349.31  
Post Issue Equity Share Capital (.Cr) 115.48
Issue Price () 118.00
Projects
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,
Repayment or pre-payment, in full or in part, of certain of the company outstanding borrowings availed by the comapny
Funding acquisition of future redevelopment projects and general corporate purposes
Promoted By
Pranav Kiran Ashar
Ravi Ramalingam
Pranav Ashar Trust
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd
Top

Attention Investor:

Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.