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Pranav Constructions IPO Review

Pranav Constructions IPO has been reviewed by 9 analysts, and the overall consensus is Strong Apply — carrying a score of 90. Out of the 9 analysts who have covered this IPO, 7 recommend subscribing while 2 advise caution or avoidance — reflecting a broadly positive 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. The issue size is ₹351 crore, a mix of fresh issue and offer for sale. 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.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
90/ 100
Strong Apply 7 of 9 recommend subscribing
How analysts voted
Apply 7
May apply 1
Neutral 1

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

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.

How this is written: an AI-assisted summary of the 9 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Pranav Constructions IPO?

The analyst consensus for Pranav Constructions IPO tracked on this page is Strong Apply, with a score of 90/100. Out of 9 analysts who have reviewed this IPO, 7 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 90 mean for Pranav Constructions IPO?

The score of 90 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. Read the individual analyst verdicts above 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.

Explore Pranav Constructions IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Pranav Constructions IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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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.

Consensus
Strong Apply
Score
90 / 100
Listed at
₹165
Full IPO details