Subscription status
- Qualified institutional buyers (QIB)258.71x
- Non-institutional investors (NII)208.21x
- NII: bids above ₹10 lakh (big NII)231.48x
- NII: bids of ₹2–10 lakh (small NII)161.68x
- Retail investors43.33x
- Total121.00x
Shares offered and bid for, by category
| Category | Shares offered | Shares bid for |
|---|---|---|
| Qualified institutional buyers (QIB) | 47,01,558 | 1,21,63,22,400 |
| Foreign institutions (FII) | – | 21,38,27,400 |
| Banks, financial institutions and insurers | – | 64,98,21,600 |
| Mutual funds | – | 1,42,05,000 |
| Other institutions | – | 33,84,68,400 |
| Non-institutional investors (NII) | 44,40,395 | 92,45,49,840 |
| NII: bids above ₹10 lakh (big NII) | 29,60,264 | 68,52,46,320 |
| Corporates | – | 78,26,760 |
| Individuals(Other than RIIs) | – | 65,36,36,400 |
| Others | – | 2,37,83,160 |
| NII: bids of ₹2–10 lakh (small NII) | 14,80,131 | 23,93,03,520 |
| Corporates | – | 8,62,560 |
| Individuals(Other than RIIs) | – | 23,17,26,240 |
| Others | – | 67,14,720 |
| Retail investors | 1,33,21,184 | 57,71,73,840 |
| Cut Off | – | 50,91,92,280 |
| Price bids | – | 6,79,81,560 |
| Total | 2,24,63,137 | 2,71,80,46,080 |
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 120 | ₹14,880 |
| Retail (maximum) | 13 | 1,560 | ₹1,93,440 |
| Small NII / sHNI (minimum) | 14 | 1,680 | ₹2,08,320 |
| Small NII / sHNI (maximum) | 67 | 8,040 | ₹9,96,960 |
| Big NII / bHNI (minimum) | 68 | 8,160 | ₹10,11,840 |
IPO details
| Company | Pranav Constructions Limited |
|---|---|
| Board | Mainboard (NSE and BSE) |
| Issue period | Mon, 7 Sep 2026 to Wed, 9 Sep 2026 |
| Price band | ₹118 – ₹124 |
| Face value | ₹10 per share |
| Lot size | 120 shares |
| Cut-off time for UPI Mandate Confirmation | 09-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
| Issue Size | Initial public offer comprising of fresh issue aggregating up to Rs. |
| Issue Type | Book Building |
| Discount | NA |
| Tick Size | Re. 1 |
| Maximum Bid Quantity for QIB Investors | 2,24,63,040 Equity Shares in multiple of 120 Equity Shares (Calculated at Lower Price band) |
| Maximum Bid Quantity for NIB Investors | 1,77,61,560 Equity Shares in multiple of 120 Equity Shares (Calculated at Lower Price band) |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Sponsor Bank | Kotak Mahindra Bank Limited and HDFC Bank Limited |
| Contact person name number and Email id | M Murali Krishna, +91 6716 2222/18003094001, pcpl.ipo@kfintech.com |
| Registrar | KFin Technologies Limited |
| Lead managers | Centrum Broking Limited and PNB Investment Services Limited |
Offer documents
Frequently asked questions
When does the Pranav Constructions IPO open and close?
It opens on Mon, 7 Sep 2026 and closes on Wed, 9 Sep 2026.
What is the price band of the Pranav Constructions IPO?
₹118 – ₹124 per share, with a face value of ₹10.
What is the lot size and minimum investment?
One lot is 120 shares. The minimum application is one lot, which costs ₹14,880 at the top of the price band.
When is the allotment and listing date?
Allotment was on Thu, 10 Sep 2026 and the shares listed on Tue, 15 Sep 2026.
What was the Pranav Constructions IPO listing gain?
It listed at ₹165 on Tue, 15 Sep 2026, a gain of +33.1% on the issue price of ₹124.
How do I check the Pranav Constructions IPO allotment status?
On the registrar's website (KFin Technologies Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.
For information only. Not investment advice. SmartFigure is not registered with SEBI as an investment adviser or research analyst. GMP is an unofficial, unregulated grey-market figure, averaged from public websites; it is not a prediction of the listing price. Rely on the offer documents.