Pranav Constructions IPO Details, Financials, Valuation & Peers
Explore Pranav Constructions IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Company Overview: Pranav Constructions Limited
Incorporated in 2003, Pranav Constructions Limited is an Indian construction firm specializing in residential, commercial, and infrastructure development. The company provides end-to-end services, managing the entire redevelopment process from initial tendering and planning to final execution and handover.
Core Services and Industry Focus
- Residential: Development of affordable housing, premium apartments, and gated communities.
- Commercial: Construction of office spaces, retail centers, and mixed-use developments.
- Infrastructure: Execution of road, bridge, and water supply projects, alongside other public works.
Key Highlights
- Market Leadership: Recognized as a leader in MCGM redevelopment projects across Mumbai’s Western Suburbs based on project volume and units supplied.
- Redevelopment Portfolio: Has successfully completed 26 redevelopment projects totaling 1.25 million sq. ft., with 11 projects currently under construction and 21 upcoming.
- Consistent Growth: Demonstrated significant expansion by securing 31 redevelopment projects covering 2.33 million sq. ft. between April 2021 and December 2024.
- Operational Capacity: As of December 31, 2024, the company maintains a workforce of 139 employees to support its extensive project pipeline.
Objects of the Issue
- 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
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
- Funding acquisition of future redevelopment projects and general corporate purposes.
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 07 Sep - 09 Sep 2026 |
| IPO Price Band | ₹118 - ₹124 per share |
| Fresh Issue | ₹315.60 crore |
| Offer For Sale | ₹35.43 crore |
| Total IPO Size | ₹351.03 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 07 Sep 2026 |
| IPO Closing Date | 09 Sep 2026 |
| Basis Of Allotment | 10 Sep 2026 |
| Refunds | 11 Sep 2026 |
| Demat Transfer | 11 Sep 2026 |
| IPO Listing Date |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 966.80 | 1,246.29 | 1,799.19 |
| Total Income | 449.75 | 638.24 | 763.93 |
| Profit After Tax | 39.62 | 62.25 | 71.32 |
| EBITDA | 59.73 | 98.54 | 130.83 |
| NET Worth | 88.37 | 175.59 | 246.70 |
| Reserves and Surplus | 84.70 | 88.41 | 159.52 |
| Total Borrowing | 99.34 | 196.50 | 258.44 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Pranav Constructions Limited | 15.16 | 8.18 | 33.78% | 28.3 |
| Kalpataru Ltd | 56.64 | 4.76 | 2.45% | 198.04 |
| Arkade Developers Ltd | 482.59 | 0.29 | 0.6% | 47.51 |
| Kolte-patil Developers Ltd | -4.51 | -3.73% | 135.84 | |
| Suraj Estate Developers Ltd | 9.94 | 19.51 | 9.53% | 207.87 |
| Lodha Developers Ltd | 33.48 | 34.25 | 15.71% | 234.55 |
| Godrej Properties Ltd | 33.25 | 61.42 | 9.97% | 642.58 |
| Keystone Realtors Ltd | 64.86 | 6.21 | 3.34% | 229.29 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not more than 45% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 1.04 |
| Non-Institutional Investor (NII/HNI) | 45.8 |
| Retail Individual Investor (RII) | 16.56 |
| Total | 19.06 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Lead Managers
- 1Centrum Capital Ltd.
- 2PNB 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
Website: https://www.pranavconstructions.com/
Phone: +91 22 6276 9939
FAQs
- What is the issue size of the Pranav Constructions IPO?The Pranav Constructions IPO has an issue size of ₹351.03 crore. This includes a fresh issue of ₹315.60 crore and an offer for sale (OFS) of ₹35.43 crore.
- What is the price band of the Pranav Constructions IPO?The price band for the Pranav Constructions IPO is ₹118 - ₹124 per share.
- What are the bidding dates for the Pranav Constructions IPO?The Pranav Constructions IPO will open for bidding on 07 Sep 2026 and close on 09 Sep 2026.
- What is the allotment date for the Pranav Constructions IPO?The allotment date for the Pranav Constructions IPO is 10 Sep 2026.
- What is the minimum lot size and investment required for the Pranav Constructions IPO?The minimum lot size for the Pranav Constructions IPO is 1180012400 shares and the minimum investment required is ₹1,46,32,15,37,600.
- What is the listing date for the Pranav Constructions IPO?The listing date for the Pranav Constructions IPO is .
- What is the Pranav Constructions IPO grey market premium?The grey market premium (GMP) for the Pranav Constructions IPO is currently at ₹37, with an expected listing gain of approximately 29.84%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.