Pranav Constructions IPO Details
MAINBOARD
Pranav Constructions IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for Pranav Constructions IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Pnb Investment Services Ltd, Centrum Capital Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Pranav Constructions Limited DRHP.
Pranav Constructions IPO Details
Pranav Constructions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Pranav Constructions IPO Reservation
Promoter Holding
Documents
Pranav Constructions IPO Valuations
Pranav Constructions Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 |
| Assets | 1,208.39 | 966.8 |
| Revenue | 432.06 | 449.75 |
| Profit After Tax | 43.05 | 39.62 |
| Net Worth | 156.36 | 88.37 |
| Reserves and Surplus | 93.29 | 84.7 |
| Total Borrowing | 149.88 | 99.34 |
| Amount in ₹ Crore | ||
About Pranav Constructions IPO
Incorporated in 2003, Pranav Constructions Limited is an Indian construction company specializing in residential, commercial, and infrastructure development projects.
Key Services:
- Residential Projects: Develop affordable housing, premium apartments, and gated communities.
- Commercial Projects: Builds office spaces, retail centers, and mixed-use developments.
- Infrastructure Development: Engaged in road construction, bridges, water supply projects, and other public infrastructure works.
- Redevelopment Expertise: The company has in-house capabilities to manage the entire redevelopment process, including:
- Tendering Stage – Bidding for projects.
- Pre-Construction Stage – Planning and approvals.
- Construction Stage – Project execution.
- Post-Construction Stage – Final handover and management.
Market Position & Projects:
- Leader in MCGM Redevelopment Projects in Mumbai's Western Suburbs (based on units supplied and projects completed/under construction).
- Completed Redevelopment Projects: 26 projects with a total developable area of 1.25 million sq. ft. Some notable projects include:
- Gold Coin CHSL, Gala Apartments CHSL, Ramesh Mandir CHSL, New Shalimar Apartments CHSL, Malad Marudhar CHSL, and Tiara CHSL in Malad.
- Popular Terrace CHSL in Borivali.
- Under-Construction Redevelopment Projects: 11 projects with 1.07 million sq. ft. of total developable area.
- Upcoming Redevelopment Projects: 21 projects with 1.87 million sq. ft. of total developable area.
Growth & Expansion:
- Between March 31, 2012, and March 31, 2021, the company procured 27 redevelopment projects with a total developable area of 1.86 million sq. ft.
- From April 1, 2021, to December 31, 2024, it secured 31 redevelopment projects covering 2.33 million sq. ft.
- The company had 139 employees as of December 31, 2024.
Strength Of Pranav Constructions IPO
Risk Of Pranav Constructions IPO
Objectives Pranav Constructions IPO
1. Funding costs towards obtaining government and statutory approvals and purchase of additional FSI and cost towards Compensation to members towards alternate accommodation, and hardship compensation, in relation to the development of certain of the Under-construction Redevelopment Projects, and certain of the Upcoming Redevelopment Projects (“Funding Redevelopment Expenses”).
2. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company.
3. Funding acquisition of future redevelopment projects and general corporate purposes.
Company Contact Details
Pranav Constructions Ltd.
Unit No. 1001, 10th Floor, DLH Park,
Near MTNL, S.V. Road,
Goregaon (West),
Mumbai, Maharashtra, 400104
Phone: +91 22 6276 9939
Email: compliance.officer@pranavconstructions.com
Website: http://www.pranavconstructions.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Pranav Constructions IPO - FAQs
The Pranav Constructions IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.