Pranav Constructions IPO Subscription
ListedUpdated 15 September 2026, 9:15 AM IST· Mainboard
Pranav Constructions IPO subscription closed on 9 September 2026 at 126.34x overall by shares. QIB demand came in at 268.54x, NII at 217.73x, and retail at 45.31x. See Retail, SHNI, and BHNI allotment chances in the…
Pranav Constructions IPO subscription closed on 9 September 2026 at 126.34x overall by shares. QIB demand came in at 268.54x, NII at 217.73x, and retail at 45.31x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 10 September 2026. Listing date on NSE and BSE is 15 September 2026.
Pranav Constructions IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Sept 2026 | 0.90x | 11.14x | 6.14x | 6.03x |
| Day 2 - 8 Sept 2026 | 1.04x | 45.85x | 16.66x | 19.13x |
| Day 3 - 9 Sept 2026 | 268.54x | 217.73x | 45.31x | 126.34x |
Pranav Constructions IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Pranav Constructions IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 40.07x | 1 in 40 |
| SHNI (Rs 2L to Rs 10L) | 163.73x | 1 in 164 |
| BHNI (above Rs 10L) | 49.06x | 1 in 49 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Pranav Constructions IPO Allotment Status page from 10 September 2026 for your result.
Pranav Constructions IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 124.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 56.16 Cr | Rs 15,082.40 Cr | 268.54x |
| FII | - | Rs 2,651.46 Cr | - |
| DFI | - | Rs 8,057.79 Cr | - |
| Mutual Funds | - | Rs 176.14 Cr | - |
| Other | - | Rs 4,197.01 Cr | - |
| NII | Rs 52.65 Cr | Rs 11,464.42 Cr | 217.73x |
| bNII (above Rs 10L) | Rs 35.10 Cr | Rs 8,497.05 Cr | 242.06x |
| Corporate | - | Rs 97.05 Cr | - |
| Individual | - | Rs 8,105.09 Cr | - |
| Other | - | Rs 294.91 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 17.55 Cr | Rs 2,967.36 Cr | 169.07x |
| Corporate | - | Rs 10.70 Cr | - |
| Individual | - | Rs 2,873.41 Cr | - |
| Other | - | Rs 83.26 Cr | - |
| Retail | Rs 157.96 Cr | Rs 7,156.96 Cr | 45.31x |
| Cut-off price | - | Rs 6,313.98 Cr | - |
| Fixed price | - | Rs 842.97 Cr | - |
| Total | Rs 266.78 Cr | Rs 33,703.77 Cr | 126.34x |
Pranav Constructions IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 45,29,358 | 829 | 0.00x |
| FII | - | 81 | - |
| DFI | - | 55 | - |
| Mutual Funds | - | 7 | - |
| Other | - | 686 | - |
| NII | 2,528 | 2,20,683 | 87.30x |
| bNII (above Rs 10L) | 1,685 | 82,658 | 49.06x |
| Corporate | - | 816 | - |
| Individual | - | 78,983 | - |
| Other | - | 2,859 | - |
| sNII (Rs 2L to Rs 10L) | 843 | 1,38,025 | 163.73x |
| Corporate | - | 469 | - |
| Individual | - | 1,33,639 | - |
| Other | - | 3,917 | - |
| Retail | 1,06,157 | 42,54,142 | 40.07x |
| Cut-off price | - | 37,38,486 | - |
| Fixed price | - | 5,15,656 | - |
| Total | 46,38,043 | 44,75,654 | 0.96x |
What Do These Subscription Numbers Mean?
126.34x overall by shares means bids covered about 126 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 268.54x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (87.30x by applications). Split: SHNI 163.73x, BHNI 49.06x by applications. SHNI and BHNI allotment is by lottery.
At 40.07x subscription by applications, about 1 in 40 retail applicants may get allotment (~2% chance per application). Retail allotment is also by lottery.
Pranav Constructions IPO GMP After Subscription
GMP for Pranav Constructions IPO stands at Rs 53.00 today, giving an estimated listing price of Rs 177.00 per share.
The GMP has moved up from Rs 23.00 on 1 Sept 2026 to Rs 53.00 on 15 Sept 2026.
A subscription of 126.34x combined with a GMP of 42.74% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Pranav Constructions IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Pranav Constructions IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 September 2026 |
| IPO Close Date | 9 September 2026 |
| Allotment Date | 10 September 2026 |
| Refund Initiation | 11 September 2026 |
| Share Credit to Demat | 11 September 2026 |
| Listing Date | 15 September 2026 |
| Minimum Investment | Rs 14,880.00 |
| Lot Size | 120 shares |
About Pranav Constructions IPO
Incorporated in 2003, Pranav Constructions Limited (PCPL) is a premier Mumbai-based real estate redevelopment company specializing in residential, commercial, and mixed-use redevelopment projects predominantly across the Western Suburbs of Mumbai under the Municipal Corporation of Greater Mumbai (MCGM) framework. The company operates across the complete redevelopment lifecycle—including society tendering, regulatory clearances, architectural design, construction, and post-possession handover. As of March 31, 2026, PCPL has delivered 28 completed redevelopment projects with an aggregate developable area of 1.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Pranav Constructions IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Pranav Constructions IPO Details
Issue size, price, financials, and company info
Pranav Constructions IPO GMP
Live grey market premium and listing estimate
Pranav Constructions IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Pranav Constructions IPO Allotment
Allotment date, chances, and check by PAN
Pranav Constructions IPO Review
SWOT, strengths, risks, and IPO review
Pranav Constructions IPO FAQ
Common questions on dates, GMP, and allotment
Pranav Constructions IPO Registrar
Registrar website and how to check allotment
Pranav Constructions IPO Timeline
Open, close, allotment, and listing dates
Pranav Constructions IPO News
Updates, blogs, and latest IPO news
Pranav Constructions IPO Subscription FAQs
What is Pranav Constructions IPO subscription status today?
Pranav Constructions IPO subscription closed on 9 September 2026 with overall subscription of 126.34x (by shares) as of 18 October 2026, 5:17 PM IST. QIB 268.54x, NII 87.30x, Retail 40.07x.
What is the overall subscription of Pranav Constructions IPO?
Pranav Constructions IPO is subscribed 126.34x overall by shares at close on 9 September 2026. QIB 268.54x, NII 87.30x, and Retail 40.07x.
What is Pranav Constructions IPO QIB subscription?
Pranav Constructions IPO QIB (Qualified Institutional Buyers) subscription is 268.54x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Pranav Constructions IPO Retail subscription?
Pranav Constructions IPO Retail subscription is 40.07x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Pranav Constructions IPO NII, SHNI, and BHNI subscription?
Pranav Constructions IPO NII subscription is 87.30x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 163.73x and BHNI (above Rs 10L) at 49.06x.
What are Pranav Constructions IPO retail allotment chances?
At 40.07x subscription by applications, about 1 in 40 retail applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 45.31x. Allotment chances use applications, not share volume.
What are Pranav Constructions IPO SHNI allotment chances?
At 163.73x subscription by applications, about 1 in 164 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 169.07x. Allotment chances use applications, not share volume.
What are Pranav Constructions IPO BHNI allotment chances?
At 49.06x subscription by applications, about 1 in 49 BHNI applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 242.06x. Allotment chances use applications, not share volume.
When is Pranav Constructions IPO allotment date?
Pranav Constructions IPO allotment date is 10 September 2026. Check Pranav Constructions IPO Allotment Status on IPOwiz from that day using your PAN.
When does Pranav Constructions IPO subscription close?
Pranav Constructions IPO subscription closed on 9 September 2026. No new applications are accepted after the close.
What is Pranav Constructions IPO GMP today?
Pranav Constructions IPO GMP is ₹53 today (+42.74% over issue price ₹124). See live GMP on the Pranav Constructions IPO GMP Today page.
What is Pranav Constructions IPO issue price and lot size?
Pranav Constructions IPO issue price is ₹124 per share. Lot size is 120 shares. Minimum investment is ₹14,880 per lot. Issue size: ₹351.03 Cr.
When is Pranav Constructions IPO listing date?
Pranav Constructions IPO listing date is 15 September 2026 on NSE and BSE. Allotment is on 10 September 2026.
How does subscription affect Pranav Constructions IPO allotment?
In Pranav Constructions IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 126.34x overall, competition is very high.
For allotment results from 10 September 2026, visit the Pranav Constructions IPO Allotment Status page. For listing day updates on 15 September 2026, download the IPOwiz App.
Sources
We match Pranav Constructions IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.