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Pranav Constructions Ltd

Registered Office: 1001 10TH FLOOR,DLH PARK NEAR,, Mumbai - 400104, Maharashtra, India.
Phone : +91 22 6276 9939   Fax:
Email :  compliance.officer@pranavconstructions.com  
Website :  www.pranavconstructions.com

Initial public offer of up to 28,308,481 equity shares of face value of Rs. 10/- each ("Equity Shares") of Pranav Constructions Limited (the "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 124 per equity share (including a premium of Rs. 114 per equity share) (the "Offer Price") aggregating up to Rs. 351.03 Crores (the "Offer") comprising a fresh issue of up to 25,451,612 equity shares by the company aggregating up to Rs. 315.6 Crores (the "Fresh Issue") and an offer for sale of up to 2,856,869 equity shares of face value of Rs.10/- each by Biourja India Infra Private Limited aggregating up to Rs. 35.43 Crores (such offer for sale of equity shares of face value of Rs. 10/- each by the selling shareholder, the "Offer For Sale"). The offer shall constitute [*]% of the post-offer paid up equity share capital of the company. Price Band: Rs. 118 to Rs. 124 per equity share of face value of Rs. 10 each. The floor price is 11.80 times the face value of the equity shares and the cap price is 12.40 times the face value of the equity shares. Bids can be made for a minimum of 120 equity shares bearing face value of Rs. 10 each and in multiples of 120 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
07-Sep-26 09-Sep-26 118.00-124.00 0.00-0.00
Minimum Application for shares in Nos : 120   Further Multiples of : 120
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Centrum Broking Limited
Project Financed through Current Offer 349.31  
Post Issue Equity Share Capital 115.48  
Issue Price 118.00  

Project

  • Funding costs towards obtaining government and statutory approvals and purchase of additional FSI as per applicable laws and cost towards compensation to members towards alternate accommodation, and hardship compensation,
  • Repayment or pre-payment, in full or in part, of certain of the company outstanding borrowings availed by the comapny
  • Funding acquisition of future redevelopment projects and general corporate purposes

Promoted By

Pranav Kiran Ashar

Ravi Ramalingam

Pranav Ashar Trust

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.