Listed Mainboard

Pranav Constructions IPO Subscription Status

Q: What is the current subscription status of Pranav Constructions IPO?

As of IPO close date (09 Sep, 2026), the Pranav Constructions IPO is subscribed 121x times. Retail category is 43.33x, and NII is 208.21x subscribed.

Q: When is the allotment date for Pranav Constructions IPO?

The allotment for Pranav Constructions IPO is expected to be finalized on 10 September, 2026.

Q: What is the GMP of Pranav Constructions?

The Grey Market Premium (GMP) for Pranav Constructions is currently ₹45, indicating a potential listing gain of 36.29%.

Q: When will Pranav Constructions IPO list on the stock market?

Pranav Constructions is scheduled to list on BSE and NSE on 15 September, 2026.

Q: What are the chances of getting allotment in Pranav Constructions IPO?

The retail category is oversubscribed at 43.33x, meaning allotment is by lottery. Statistically, approximately 1 in 44 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

Q: What does QIB subscription of 258.71x mean for Pranav Constructions IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 258.71x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

Q: How to check Pranav Constructions IPO allotment status?

After the allotment date (10 Sep, 2026), you can check your Pranav Constructions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Pranav Constructions IPO was subscribed 121 times when bidding closed on 9 Sep 2026: QIB 258.71x, NII 208.21x, Retail 43.33x.

The Pranav Constructions IPO has been subscribed 121x times overall. Retail investors have shown interest with bids for 43.33x the shares available. The Non-Institutional Investor (NII) category has been subscribed 208.21x. Within NII, Big HNI (B-HNI) subscribed 231.48x and Small HNI (S-HNI) subscribed 161.68x. Qualified Institutional Buyers (QIBs) have subscribed 258.71x. Data last updated on 15 Sep, 09:45 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 07 Sep, 2026 and closes on 09 Sep, 2026. The shares are expected to list on stock exchanges on 15 Sep, 2026.

Full details Check GMP

Final subscription

121x

43,40,001 applications

Category-wise bids →

QIB

258.71x

Institutions · proportionate allotment

Why QIB matters →

NII / HNI

208.21x

bNII 231.48x · sNII 161.68x

HNI allotment odds →

Retail

43.33x

Lottery for 1 lot — about 1 in 44

Retail allotment odds →

Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated 15 Sep 2026, 9:45 AM IST Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Category	Offered	Applied	Amount (Cr)	Bid details	Times
QIB	47,01,558	1,21,63,22,400	15,082.40 Cr	1,21,63,22,400 of 47,01,558 141 applications 15,082.40 Cr	258.71x
1(a) Foreign Institutional Investors (FIIs)		21,38,27,400	2,651.46 Cr	21,38,27,400 2,651.46 Cr
1(b) Domestic Financial Institutions (Banks/FIs/Insurance)		64,98,21,600	8,057.79 Cr	64,98,21,600 8,057.79 Cr
1(c) Mutual Funds		1,42,05,000	176.14 Cr	1,42,05,000 176.14 Cr
1(d) Others		33,84,68,400	4,197.01 Cr	33,84,68,400 4,197.01 Cr
NII	44,40,395	92,45,49,840	11,464.42 Cr	92,45,49,840 of 44,40,395 2,18,995 applications 11,464.42 Cr	208.21x
2.1 Big NII — bid amount above ₹10 Lakh	29,60,264	68,52,46,320	8,497.05 Cr	68,52,46,320 82,441 applications 8,497.05 Cr	231.48
2.1(a) Corporates		78,26,760	97.05 Cr	78,26,760 97.05 Cr
2.1(b) Individuals (other than RIIs)		65,36,36,400	8,105.09 Cr	65,36,36,400 8,105.09 Cr
2.1(c) Others		2,37,83,160	294.91 Cr	2,37,83,160 294.91 Cr
2.2 Small NII — bid amount ₹2–10 Lakh	14,80,131	23,93,03,520	2,967.36 Cr	23,93,03,520 1,36,554 applications 2,967.36 Cr	161.68
2.2(a) Corporates		8,62,560	10.70 Cr	8,62,560 10.70 Cr
2.2(b) Individuals (other than RIIs)		23,17,26,240	2,873.41 Cr	23,17,26,240 2,873.41 Cr
2.2(c) Others		67,14,720	83.26 Cr	67,14,720 83.26 Cr
Retail	1,33,21,184	57,71,73,840	7,156.96 Cr	57,71,73,840 of 1,33,21,184 41,20,865 applications 7,156.96 Cr	43.33x
TOTAL	2,24,63,137	2,71,80,46,080	33,703.77 Cr	2,71,80,46,080 43,40,001 applications 33,703.77 Cr	121x

Pranav Constructions IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹124.

Applications

43,40,015

Allottees

1,08,837

Overall odds

1 in 40

Amount collected

₹33,482 Cr

Category	AppsApplications	Shares Applied	Shares Allotted	GotAllottees	Odds
QIB 107.90x subscribed	155	1,22,18,24,280 ₹15,150 Cr	1,13,23,391 107.90x subscribed	154	1 in 1.01 in 1.0
Ex. Anchor Ex. Anchor	141	1,21,29,92,640	45,29,357 · 267.81x	140	1 in 1.01 in 1.0
Anchor Anchor Investors	14	88,31,640	67,94,034 · 1.30x	14	AllAll allotted
NII (HNI) 216.30x subscribed	2,18,995	91,84,66,560 ₹11,388 Cr	42,46,273 216.30x subscribed	2,527	1 in 871 in 87
bNII >₹10L bNII — above ₹10 Lakh	82,441	68,14,75,200	28,30,849 · 240.73x	1,685	1 in 491 in 49
sNII <₹10L sNII — below ₹10 Lakh	1,36,554	23,69,91,360	14,15,424 · 167.43x	842	1 in 1621 in 162
Retail 43.95x subscribed	41,20,865	55,99,27,680 ₹6,943 Cr	1,27,38,817 43.95x subscribed	1,06,156	1 in 391 in 39
TOTAL 95.39x subscribed	43,40,015	2,70,02,18,520	2,83,08,481 95.39x subscribed	1,08,837	1 in 401 in 40

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 44 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 258.71x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date	Total	QIB	BHNI	SHNI	Retail
09 Sep 2026 Day 3	121x	258.71x	231.48x	161.68x	43.33x	▼
QIB258.71x BHNI231.48x SHNI161.68x Retail43.33x
08 Sep 2026 Day 2	18.2x	1x	41.81x	47.62x	15.75x	▼
QIB1x BHNI41.81x SHNI47.62x Retail15.75x
07 Sep 2026 Day 1	5.69x	0.87x	9.18x	13.44x	5.76x	▼
QIB0.87x BHNI9.18x SHNI13.44x Retail5.76x

Pranav Constructions IPO dates

From the bidding window to listing. Today is 23 October.

Key dates Listed

Open 07 Sep 2026
Close 09 Sep 2026
Allotment 10 Sep 2026
Refund/credit 11 Sep 2026
Listing 15 Sep 2026

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

#	Anchor Investor	Group Entity	Shares Allotted	Amt (₹ cr.)	% Allocated	% of Issue
1	GOLDMAN SACHS INVESTMENTS (MAURITIUS) I LTD.	GOLDMAN SACHS	2016120	₹25.00 Cr	29.67%	7.12%
2	ITI MID CAP FUND	ITI MUTUAL FUND	806400	₹10.00 Cr	11.87%	2.85%
3	ASIO FUND VCC,THE-SUB FUND 4	ASIO FUND VCC	604920	₹7.50 Cr	8.90%	2.14%
4	SAINT CAPITAL FUND	SAINT CAPITAL	584034	₹7.24 Cr	8.60%	2.06%
5	TAURUS FLEXI CAP FUND	TAURUS MUTUAL FUND	483840	₹6.00 Cr	7.12%	1.71%
6	ABUNDANTIA CAPITAL VCC-ABUNDANTIA CAPITAL III	ABUNDANTIA	403320	₹5.00 Cr	5.94%	1.42%
7	ASAS GLOBAL FUND INCORPORATED VCC SUB FUND	ASAS GLOBAL	403320	₹5.00 Cr	5.94%	1.42%
8	ASHIKA INDIA SELECT FUND	ASHIKA	403320	₹5.00 Cr	5.94%	1.42%
9	RIGEL GLOBAL FUND	RIGEL	403320	₹5.00 Cr	5.94%	1.42%
10	TAURUS MID CAP FUND	TAURUS MUTUAL FUND	282240	₹3.50 Cr	4.15%	1.00%
11	ITI BHARAT CONSUMPTION FUND	ITI MUTUAL FUND	161280	₹2.00 Cr	2.37%	0.57%
12	TAURUS ELSS TAX SAVER FUND	TAURUS MUTUAL FUND	141120	₹1.75 Cr	2.08%	0.50%
13	TAURUS LARGE CAP FUND	TAURUS MUTUAL FUND	80640	₹1.00 Cr	1.19%	0.28%
14	TAURUS INFRASTRUCTURE FUND	TAURUS MUTUAL FUND	20160	₹0.25 Cr	0.30%	0.07%
	TOTAL		6,794,034	₹84.24 Cr	100.01%

Pranav Constructions IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)

1 in 38

~2.7% chance per PAN — 4,120,865 applicants for 111,009 allotment slots. Winners get exactly 1 lot (₹14,880) by SEBI lottery, however many lots you bid.

Small HNI (₹2–10 L)

1 in 155

~0.6% chance — 136,554 applicants for 881 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.

Big HNI (above ₹10 L)

1 in 228

~0.4% chance — 82,441 applicants for 362 allotment slots. Lottery allots the minimum B-HNI application of 68 lots (₹10.1 L) per winner; the rest is proportionate.

QIB (institutions)

258.71x

Proportionate allotment — at 258.71x, institutions receive ~0.4% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Pranav Constructions IPO?

As of IPO close date (09 Sep, 2026), the Pranav Constructions IPO is subscribed 121x times. Retail category is 43.33x, and NII is 208.21x subscribed.

When is the allotment date for Pranav Constructions IPO?

The allotment for Pranav Constructions IPO is expected to be finalized on 10 September, 2026.

What is the GMP of Pranav Constructions?

The Grey Market Premium (GMP) for Pranav Constructions is currently ₹45, indicating a potential listing gain of 36.29%.

When will Pranav Constructions IPO list on the stock market?

Pranav Constructions is scheduled to list on BSE and NSE on 15 September, 2026.

What are the chances of getting allotment in Pranav Constructions IPO?

The retail category is oversubscribed at 43.33x, meaning allotment is by lottery. Statistically, approximately 1 in 44 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 258.71x mean for Pranav Constructions IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 258.71x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Pranav Constructions IPO allotment status?

After the allotment date (10 Sep, 2026), you can check your Pranav Constructions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore Pranav Constructions IPO further

Track every stage of this IPO, from subscription to listing.

01 Next step

IPO details

It has listed — go back to the fundamentals.

₹118 to ₹124

Read the full profile

GMP today

Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.

GMP ₹45 (36.29%)

See the grey market

IPO review

What brokers and analysts are saying about this issue, in one place.

Strong Apply · 9 reviews

See the verdicts

Allotment status

Check with your PAN whether shares were credited to your demat account.

Allotment out · 10 Sep

Check my allotment

IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total

121x

QIB

258.71x

NII

208.21x

Retail

43.33x

Full IPO details