Pranav Constructions IPO Booked 126.34x on Day 3

Pranav Constructions IPO was subscribed 126.34 times by 5:06 PM on Day 3, September 9, 2026. The public issue received bids for 2,71,80,46,080 shares against 2,15,14,446 shares available for subscription, based on the provided subscription data.

Qualified Institutional Buyers (QIB) led the bidding on the final day, with their reserved portion subscribed 268.54 times. The Non-Institutional Investors (NII) portion was subscribed 217.73 times, while the Retail Investors category recorded 45.31 times subscription.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Subscription Status of Pranav Constructions IPO

Here are the subscription details for Pranav Constructions IPO Day 3, as of 5:06 PM:

Key Highlights – Day 3

• Pranav Constructions IPO was subscribed 126.34 times overall by 5:06 PM on Day 3.
• The QIB portion led the bidding at 268.54 times.
• The NII portion was subscribed 217.73 times.
• The Retail Investors portion was subscribed 45.31 times.

Key Highlights – Day 2

• Pranav Constructions IPO was subscribed 19.02 times overall by 5:06 PM on Day 2.
• The NII portion led the bidding at 45.77 times.
• The Retail Investors portion was subscribed 16.49 times.
• The QIB category recorded 1.04 times subscription.

Key Highlights – Day 1

• Pranav Constructions IPO was subscribed 6.03 times overall on Day 1.
• The NII portion led the bidding at 11.14 times.
• The Retail Investors portion was subscribed 6.14 times.
• The QIB category recorded 0.90 times subscription.

About Pranav Constructions

Pranav Constructions Limited is a Mumbai-based real estate company specialising in redevelopment projects across the MCGM Region, particularly the Western Suburbs. Its portfolio spans Economical, Mid and Mass, and Aspirational residential segments. As of March 31, 2026, the company had 65 redevelopment projects covering approximately 5.01 million sq. ft. It follows an integrated redevelopment model, managing activities from tendering and pre-construction through construction and post-construction in-house.