Pranav Constructions Limited IPO
PRANAV · Infrastructure · Listed
Price band
124
Issue size
₹351 Cr
Open
07-SEP-2026
Close
09-SEP-2026
Listing
15-SEP-2026
Subscription
121.00×
Updated as on 09-Sep-2026 19:00:00 · Source: NSE (official issue & subscription data) · Issue: Initial public offer comprising of fresh issue aggregating up to Rs. 3,156 million and offer for sale of up to 2,856,869 equity shares (including Anchor Investor portion of 67,94,034 Equity Shares)
Traddx read: Strong demand
- Demand is broad and institution-led.
- Strong institutional demand — QIB subscribed 258.7× (big investors are backing it).
- Retail is piling in (43.3×) — popular, but retail froth can fade after listing.
- Overall subscription 121.0×.
- This summarises subscription demand only — it is information, not a recommendation to apply or avoid. Not investment advice.
Pranav Constructions Limited is a listed issue in the Infrastructure space, with a price band of 124 and an issue size of ₹351 Cr. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 258.71× |
| Non-institutional (NII) | 208.21× |
| Retail | 43.33× |
| Total | 121.00× |
How the sector is valued (listed Infrastructure peers)
| Company | Price | P/E | P/B | Net margin |
|---|---|---|---|---|
| LT | ₹3872.0 | 73.4 | — | 12.37% |
| KPIL | ₹1442.4 | 27.48 | — | 4.84% |
| NCC | ₹136.7 | 14.97 | — | 3.81% |
| RVNL | ₹207.35 | 52.23 | — | 3.62% |
Compare the IPO's asking price against what already-listed peers trade at — a much richer valuation than peers usually signals a pricey issue.