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IPO Listed — 15 Sep 2026

Listing Price: ₹165 (+33.06% vs ₹124)

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Pranav Constructions

Pranav Constructions IPO Review

Pranav Constructions IPO has been reviewed by 6 analysts, and the overall consensus is Strong Apply — carrying a score of 86. Out of the 6 analysts who have covered this IPO, 4 recommend subscribing while 2 advise caution or avoidance — reflecting a mixed view from the analyst community.

The issue is priced in the band of ₹118-124 per share , with a minimum application size of 120 shares (minimum investment of approximately ₹14,880 at the upper band) . Subscription ran from 07 Sep 2026 to 09 Sep 2026. As of now, the grey market premium (GMP) for Pranav Constructions IPO is quoting at ₹45 (36.29%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

General Review

Pranav Constructions is a Mumbai-based pure-play redevelopment specialist, demolishing ageing housing society buildings, rehabilitating existing members and monetising the new inventory, concentrated in the Western Suburbs. FY26 income was ₹763.93 crore with profit of ₹71.32 crore and EBITDA of ₹130.83 crore. All four analysts covering the issue said subscribe.

Listing Gains

The notes value the issue at about 15.2 times FY26 earnings on pre-issue EPS of ₹8.18 at the ₹124 upper band, though one points out that on post-issue EPS of ₹6.33 the multiple rises to roughly 19.6 times. Even at the higher figure analysts call it reasonable, pointing to a positive listing.

Short Term Strategy

Income grew about 20 percent and profit about 15 percent in FY26, with EBITDA rising from ₹98.54 crore to ₹130.83 crore. Redevelopment revenue is recognised in blocks as projects complete, so quarterly results will be uneven rather than smooth in the period after listing.

Long Term Strategy

Analysts recommend a medium to long-term horizon on the depth of the Mumbai redevelopment pipeline, driven by ageing housing stock and rising incomes. The risk they flag is severe geographic concentration: the MCGM region gave 99.70 percent of FY26 revenue, leaving no cushion against local regulatory or market change.

Disclaimer: This review is an AI summary derived from the reviews of all analysts.

Table of Contents

Analyst Sentiment

Analytical Score

How it's calculated?
Strong Apply
86 / 100

Recommend Subscribe

Based on 6 analyst reviews

4 / 6

Higher consensus indicates broader analyst agreement.

Analyst Review

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Frequently Asked Questions

Should I apply for Pranav Constructions IPO?

Based on analyst coverage tracked on this page, the overall verdict for Pranav Constructions IPO is Strong Apply. Out of 6 analysts who have reviewed this IPO, 4 recommend subscribing. Always cross-check with the full analyst reviews below and consult a SEBI-registered advisor before making any investment decision.

What does the score of 86 mean for Pranav Constructions IPO?

The score of 86 is an aggregate of all analyst ratings tracked for Pranav Constructions IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Scroll down to read individual analyst verdicts for more context.

What was the actual listing price of Pranav Constructions IPO?

Pranav Constructions IPO listed on September 15, 2026 at ₹165 , against the issue price of ₹124 — a gain of +33.06% (₹41 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Pranav Constructions IPO?

Pranav Constructions IPO was priced at ₹118-124 per share. The minimum lot size is 120 shares, making the minimum investment approximately ₹14,880 at the upper end of the price band. Subscription ran from 07 Sep 2026 to 09 Sep 2026.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.