BSE List Price : ₹162.00

NSE List Price : ₹165.00

subscription

Category	Times
QIBs	268.54x
HNIs	217.73x
Retail	45.31x
Total : 126.34x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	120	₹14,880
Retail Maximum	13	1,560	₹193,440
S-HNI Minimum	14	1,680	₹208,320
S-HNI Maximum	67	8,040	₹996,960
B-HNI Minimum	68	8,160	₹1,011,840

About the Company

Pranav Constructions Limited, formerly known as Pranav Constructions Private Limited, is a Mumbai-based real estate company engaged in pure-play redevelopment projects, primarily across the western suburbs of Mumbai. The company undertakes redevelopment projects across economical, mid and mass, and aspirational housing segments.

The company has a presence across Vile Parle, Santacruz, Juhu, Bandra, Andheri, Goregaon, Ram Mandir, Malad, Kandivali, and Borivali. Its redevelopment model focuses on understanding homeowners’ requirements and developing projects that are functional, appealing, and aligned with market demand.

The company manages various stages of the redevelopment process, including business development, architecture and design, legal and regulatory compliance, construction management, and sales and marketing. It also focuses on obtaining necessary municipal approvals and maintaining RERA compliance while keeping homeowners informed throughout the redevelopment process.

Pranav Constructions has established a track record of timely completion of its completed redevelopment projects and has built its presence in the western suburbs through its execution capabilities and customer-centric approach.

The company is supported by a management team with experience across operations, design and development, finance, marketing, sales, engineering, legal, human resources, and business development. It also focuses on environmentally sustainable construction practices and is pursuing green building certification for its projects.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹449.75	₹410.65	₹39.62	₹966.80
2025	₹638.24	₹566.16	₹62.25	₹1246.29
2026	₹763.93	₹669.99	₹71.32	₹1799.19

Company Promoter

Pranav Kiran Ashar

Ravi Ramalingam

Know before investing

• • Strengths

  The company has maintained consistent financial performance over the years, providing support for its ongoing operations and growth in the redevelopment segment. Pranav Constructions follows a capital-efficient business model in the redevelopment sector, which has relatively high barriers to entry. Its specialised focus on pure-play redevelopment strengthens its positioning within the Mumbai real estate market. The company has built a customer-focused brand supported by strong stakeholder management. Its track record of timely project completion and regular communication with homeowners has helped strengthen its brand recognition across the western suburbs of Mumbai.

• • Risks

  The company’s redevelopment activities are largely concentrated in the MCGM Region, which contributed 99.70%, 99.69%, and 99.50% of revenue from operations in Fiscals 2026, 2025, and 2024, respectively. Any adverse market, economic, regulatory, or other developments in this region could negatively impact the company’s business and financial performance.

  The company’s business is dependent on the timely completion of its ongoing and upcoming redevelopment projects. Any delays or inability to complete these projects as planned could adversely affect its business, reputation, results of operations, and financial condition.

  The company may face challenges in selling inventory generated from its redevelopment projects within the expected timelines. Any delay in inventory sales could adversely impact its business, results of operations, and financial condition.

Objects of the Issue & Utilisation of proceeds

Funding redevelopment expenses, including government and statutory approvals, purchase of additional FSI, and compensation to members for alternate accommodation and hardship compensation for certain ongoing and upcoming redevelopment projects Repayment and/or prepayment, in full or in part, of certain borrowings availed by the Company Funding the acquisition of future redevelopment projects and general corporate purposes

Company  Address

Pranav Constructions Ltd.
Unit No. 1001, 10th Floor, DLH Park,
Near MTNL, S.V. Road,
Goregaon (West),
Mumbai, Maharashtra, 400104
Phone: +91 22 6276 9939
Email: compliance.officer@pranavconstructions.com
Website: http://www.pranavconstructions.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: pcpl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/