Pranav Constructions IPO Allotment Today: Check Status On BSE, NSE And KFin Technologies

Mumbai | 10 September 2026 

The IPO of Pranav Constructions opened for subscription on Monday, 7 September 2026, and closed on Wednesday, 9 September 2026. The issue was subscribed 120.11 times overall as of the close of bidding, with allotment status expected to be finalised on 10 September 2026. 

What Is The Pranav Constructions IPO Subscription Status? 

The Pranav Constructions IPO drew the strongest demand from qualified institutional buyers, while the retail portion was the least subscribed category. 

What Is The Latest GMP For Pranav Constructions IPO? 

Shares of Pranav Constructions were commanding a grey market premium (GMP) of ₹48 as of 12:55 pm on 10 September 2026, according to InvestorGain. At the upper price band of ₹124, this GMP implies an estimated listing price of ₹172 per share, a potential listing gain of 38.71% over the upper issue price. 

GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock. 

How To Check Pranav Constructions IPO Allotment Status? 

Investors can check the Pranav Constructions IPO allotment status through KFin Technologies, the registrar to the issue, as well as the BSE and NSE websites. 

On KFin Technologies: 

1. Visit the KFin Technologies IPO allotment status page at ipostatus.kfintech.com. 
2. Select “PRANAV” from the company dropdown. 
3. Choose an identification option: PAN, application number, or demat account number. Enter the relevant details. 
4. Click on “Submit” to view the allotment status. 

On BSE: 

1. Visit the BSE website at bseindia.com/investors/appli_check.aspx. 
2. Select “Equity” under issue type. 
3. Select PRANAV from the issue name dropdown. 
4. Enter the application number or PAN. 
5. Enter the captcha displayed on the screen. 
6. Click on “Submit” to view the allotment status. 

On NSE: 

1. Visit the NSE website at nseindia.com/invest/check-trades-bids-verify-ipo-bids. 
2. Select “Equity & SME IPO bid details”. 
3. Choose PRANAV from the company code dropdown. 
4. Enter the PAN and application number. 
5. Click on “Submit” to view the allotment status. 

Refunds for unsuccessful applicants are expected to be initiated on or about 11 September 2026, with shares credited to the demat accounts of successful investors on the same day. 

What Are The Key Details Of Pranav Constructions IPO? 

The Pranav Constructions IPO is a bookbuilding issue combining a fresh issue and an offer for sale. The offer for sale comprises shares worth ₹35.43 crore sold by BioUrja India Infra Pvt Ltd. The company raised ₹84.25 crore from anchor investors on 4 September 2026, ahead of the public issue. 

Of the total issue, 40% has been allocated to qualified institutional buyers, 45% to retail investors and 15% to non-institutional investors. 

Important dates 

What Does Pranav Constructions, The Mumbai Redevelopment Specialist, Do? 

Incorporated in July 2003 and converted into a public limited company in July 2024, Pranav Constructions is a real estate company focused on redevelopment projects in the Municipal Corporation of Greater Mumbai (MCGM) region, with a predominant presence in the Western Suburbs. As of 31 March 2026, its portfolio comprised 65 redevelopment projects across the region, including 28 completed, 20 under-construction and 17 upcoming projects, spanning a combined developable area of around 5.01 million square feet. 

The company works under redevelopment agreements with co-operative housing societies and has been undertaking such projects since 2012. It had 198 permanent employees as of 31 March 2026. 

Pranav Constructions’ total income rose 20% to ₹763.93 crore for the year ended March 2026, from ₹638.24 crore in the previous year. Profit after tax increased 15% to ₹71.32 crore, from ₹62.25 crore, over the same period. 

How Will Pranav Constructions Use The IPO Proceeds? 

Pranav Constructions plans to use the net proceeds from the fresh issue as follows: 

• Funding redevelopment expenses, including government and statutory approvals, purchase of additional Floor Space Index (FSI), and compensation to society members: ₹145.72 crore 

• Repayment or prepayment of outstanding borrowings: ₹91.50 crore 

• Funding acquisition of future redevelopment projects and general corporate purposes 

Stay updated on Indian equity and commodity markets. Read more market news on PL Capital. 

Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing.

This is a knowledge-sharing initiative by PL Capital. The information provided is only for educational purposes and should not be considered as financial advice & has no influence on the investment/trading decisions of any investors.

For detailed disclaimers/disclosure and Mandatory terms and conditions please visit our website https://www.plindia.com/regulatory-content/