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Neutral impactIPO

Pranav Constructions IPO: Price band set in range of ₹118–124; check key dates, other IPO details

Mint 1 hr ago·3 Sept 2026, 10:50 am

Pranav Constructions has set the price band for its upcoming initial public offering (IPO) between ₹118 and ₹124 per share. The company aims to raise funds through a mix of fresh equity issuance and an offer for sale by existing shareholders. The IPO is scheduled to open for subscription on September 7, with a tentative listing date following the closure of the issue.

This fundraising round is significant for investors as the capital raised will be used to finance ongoing redevelopment projects and to repay existing debts. For retail investors, the key aspect to watch is the price band, which will determine the valuation at which the company enters the market. The subscription status and the overall market sentiment will be crucial factors to consider before applying for the issue.