Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Pranav Constructions Ltd. on July 17, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Pranav Constructions Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on NSE and BSE. Centrum Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Pranav Constructions IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Mar 4, 2025 |
| SEBI/Exchange approval received | Thu, Jul 17, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
Incorporated in 2003, Pranav Constructions Limited is an Indian construction company specializing in residential, commercial, and infrastructure development projects.
Key Services:
Market Position & Projects:
Growth & Expansion:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 |
|---|---|---|
| Assets | 1,208.39 | 966.80 |
| Total Income | 432.06 | 449.75 |
| Profit After Tax | 43.05 | 39.62 |
| NET Worth | 156.36 | 88.37 |
| Reserves and Surplus | 93.29 | 84.70 |
| Total Borrowing | 149.88 | 99.34 |
| Amount in ₹ Crore | ||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | 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”). | 223.75 |
| 2 | Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company. | 74.00 |
| 3 | Funding acquisition of future redevelopment projects and general corporate purposes. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 64.93% |
| ROCE | 28.62% |
| Debt/Equity | 1.18 |
| RoNW | 64.93% |
| PAT Margin | 8.85% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.54 | |
| Promoter Holding | 63.35% |
Lead Manager Reports
Pranav Constructions IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Pranav Constructions IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Pranav Constructions IPO using UPI as a payment gateway. Zerodha customers can apply in Pranav Constructions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Pranav Constructions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Pranav Constructions IPO dates are not announced. Please check back again after some time.
Pranav Constructions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Pranav Constructions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Pranav Constructions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Pranav Constructions IPO allotment status.
The Pranav Constructions IPO listing date is not yet announced. The tentative date of listing is .
