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Pranav Constructions IPO Allotment Status

Written by: Team Angel OneUpdated on: 9 Sept 2026, 10:14 pm IST
Pranav Constructions Limited’s ₹351.03 crore IPO closes for subscription today, September 9, 2026. The basis of allotment is expected to be finalised on September 10, 2026, while the shares are tentatively scheduled to list on the BSE and NSE on September 15, 2026.
Pranav Constructions IPO
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Pranav Constructions Limited is a book-built mainboard IPO with an issue size of ₹351.03 crore. The public issue opened for bidding on September 7, 2026, and closes today, September 9, 2026. The company has fixed the price band at ₹118–₹124 per equity share. 

The basis of allotment is likely to be finalised on September 10, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on September 11, 2026, before the company’s proposed listing on the BSE and NSE on September 15, 2026. 

The Pranav Constructions IPO lot size is 120 shares. At the upper price band, retail investors need a minimum investment of ₹14,880 for one lot. 

Investors can check their Pranav Constructions IPO allotment status after the basis of allotment is finalised through KFin Technologies, the registrar to the issue, or through the BSE and NSE websites. 

How to Check Pranav Constructions IPO Allotment Status Online on NSE? 

  • Go to the NSE IPO bid verification and application-status page.
  • Select the Equity IPO bid-verification or application-status option.
  • Choose “Pranav Constructions Limited” from the issue-name dropdown once the allotment is published.
  • Enter your PAN, application number or requested details.
  • Complete the verification process.
  • Click on Submit to view your application and allotment status. 

How to Check Pranav Constructions IPO Allotment Status Online on BSE? 

  • Visit the BSE IPO application-status page.
  • Select “Equity” under Issue Type.
  • Select “Pranav Constructions Limited” from the Issue Name dropdown.
  • Enter your PAN or application number.
  • Complete the captcha verification, if prompted.
  • Click on Search or Submit to check your allotment result. 

How to Check Pranav Constructions IPO Allotment Status on the Registrar’s Website? 

  • Visit the official KFin Technologies IPO allotment-status website.
  • Select “Pranav Constructions Limited” from the issue-name dropdown after the registrar releases allotment data.
  • Choose PAN, application number or DP ID/Client ID as the search method.
  • Enter the required information.
  • Complete the captcha verification.
  • Click on Submit or Search to view your share-allotment status. 

Pranav Constructions IPO Details 

Pranav Constructions’ ₹351.03 crore IPO is priced at ₹118–₹124 per share, with a face value of ₹10 per equity share. The company raised ₹84.24 crore from anchor investors before the IPO opened. 

The Pranav Constructions IPO features a total issue size of 2,83,08,481 shares (aggregating up to ₹351.03 Crore).  

This consists primarily of a Fresh Issue of 2,54,51,612 shares (up to ₹315.60 crore) to fund growth, and a minor Offer for Sale (OFS) of 28,56,869 shares (up to ₹35.43 crore) for existing investors.  

Post-issue, total equity expands to 11,26,22,782 shares, causing a 22.60% equity dilution. 

The public issue opened on September 7, 2026, and closes on September 9, 2026. The allotment is expected on September 10, 2026; refunds and demat credits are expected on September 11, 2026; and the shares are scheduled to list on September 15, 2026. 

The minimum retail application comprises one lot of 120 shares, requiring ₹14,880 at the upper price band. Investors can apply in multiples of 120 shares thereafter. 

Allocation Quota for Pranav Constructions IPO 

Investor Category Shares % of Total Issue Max Allottees 
QIB 1,13,23,392 40.00% NA 
↳ Anchor Investor 67,94,034 24.00% NA 
↳ QIB (Ex. Anchor) 45,29,358 16.00% NA 
NII (HNI) 42,46,272 15.00% NA 
↳ bNII > ₹10L 28,30,848 10.00% 1,685 
↳ sNII < ₹10L 14,15,424 5.00% 842 
Retail 1,27,38,816 45.00% 1,06,156 
Total 2,83,08,480 100.00%  

Note: The category-wise numbers may be affected by anchor allocation, rounding and other issue-level adjustments. The final basis of allotment issued by KFin Technologies will be definitive. 

Pranav Constructions IPO – Overall Subscription Status 

As of 4:13:51 PM on September 9, 2026, Pranav Constructions IPO was subscribed 125.36 times overall. The public issue subscribed 43.78 times in the retail category, 268.54 times in QIB (Ex Anchor), and 217.41 times in the NII category. These are live subscription figures recorded on Day 3 of the bidding window. 

Category Subscription (x) Shares Offered Shares Bid For Total Amt (₹ crore) 
Anchor 1 67,94,034 67,94,034 84.25 
QIB (Ex Anchor) 268.54 45,29,358 1,21,63,22,400 15,082.40 
NII 217.41 42,46,272 92,31,68,760 11,447.29 
↳ bNII (> ₹10L) 242.06 28,30,848 68,52,46,320 8,497.05 
↳ sNII (< ₹10L) 168.09 14,15,424 23,79,22,440 2,950.24 
Retail 43.78 1,27,38,116 55,76,61,360 6,915.00 
Total ** 125.36 2,15,14,446 2,69,71,52,520 33,444.69 
  • Total Applications Received: 43,38,217
  • Note: Shares Offered and Total Amount figures are calculated using the upper boundary of the IPO price band. The anchor investor slice is excluded from the overall shares offered tally in the total line item. 

Read More: Know When NSE IPO Is Expected To Open for Subscription; Check the Details! 

Pranav Constructions Business Overview 

Pranav Constructions is a Mumbai-based real-estate developer with a focus on redevelopment projects in the Mumbai Municipal Corporation, or MCGM, region. The company has completed and ongoing projects within the Mumbai redevelopment market and has a stated project pipeline. 

The company intends to use IPO proceeds primarily for redevelopment-related expenses and repayment of borrowings. Investors should review the red herring prospectus for project-specific information, financial statements, use of proceeds, concentration risk, construction-execution risk and valuation considerations before investing. 

Pranav Constructions IPO allotment status is expected to be available on September 10, 2026, after approval of the basis of allotment. Investors should check KFin Technologies, BSE or NSE using their PAN, application number or DP ID/Client ID. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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

Published on: Sep 9, 2026, 4:44 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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