43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

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Pranav Construction Limited IPO (Pranav Construction IPO) Details

Mumbai

Date of DRHP : 28 Feb 2025

Issue Type : Book Building Process

IPO Type : MainBoard IPO

Pranav Construction Basic Details

   Real Estate

Sub Sector: Real estate company, based on the supply of units and number of completed and under construction MCGM - Redevelopment27 projects

About the Company

Pranav Construction limited is the leading real estate company, based on the supply of units and number of completed and under construction MCGM - Redevelopment 27 projects in the Western Suburbs 28, with a total of 1,503 units and 27 MCGM - Redevelopment projects (completed and under construction) whereas other developers have 2 to 7 MCGM - Redevelopment projects, each launched between CY 17 –CY 24 (Source: C&W Report). They are amongst the top redevelopment companies based out of Mumbai predominantly undertaking redevelopment projects in the Western Suburbs focusing on Economical29 , Mid and Mass30 and Aspirational 31 homes (Source: C&W Report). They ranked 1st in the MCGM Region for having the highest combined supply in MCGM Redevelopment projects launched between CY 21 and CY 24. They ranked 4th in the MCGM region for having the highest supply in MCGM Redevelopment projects launched between CY 17 and CY 24 (Source: C&W Report).The Company has a proven track record of timely completion in their completed redevelopment projects, with strong execution capabilities and have become a trusted and reliable brand in the Western Suburbs resulting in strong brand recall (Source: C&WReport).

Financial Summary (Annualised Basis)

Revenue :
576.06 Cr.

PAT :
57.33 Cr.

Pranav Construction IPO Lead Manager(s)

Centrum Capital Limited
Pnb Investment Services Limited

Pranav Construction IPO Registrar

KFin Technologies Limited

Pranav Construction DRHP Details

Objects of 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 our Under-construction Redevelopment Projects, and certain of their Upcoming Redevelopment Projects
  • (“Funding Redevelopment Expenses”)"
  • Repayment and/ or pre-payment, in full or part, of certain borrowings availed by their Company
  • General corporate purposes
  • Offer for Sale

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FAQs

Pranav Construction operates in Real Estate and Real estate company, based on the supply of units and number of completed and under construction MCGM - Redevelopment27 projects. The Issue would be listed on MainBoard. The registrar of the Issue is KFin Technologies Limited. The IPO type of Pranav Construction is Book Building Process and Object of issue is

  • "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 our Under-construction Redevelopment Projects, and certain of their Upcoming Redevelopment Projects
  • (“Funding Redevelopment Expenses”)"
  • Repayment and/ or pre-payment, in full or part, of certain borrowings availed by their Company
  • General corporate purposes
  • Offer for Sale

The DRHP (Draft Red Herring Prospectus) of Pranav Construction IPO was filed on 28 Feb 2025.

No, Pranav Construction IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Pranav Construction are not available now. You can apply in Pranav Construction IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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