Pranav Constructions IPO Allotment Status: Check Online via KFin Technologies, BSE & NSE

Pranav Constructions IPO allotment is scheduled for Thursday, 10 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

• Allotment date: expected to be finalised on Thursday, 10 September 2026.
• Registrar: KFin Technologies Ltd. — check status there first, or via BSE/NSE.
• Listing date: tentatively set for Tuesday, 15 September 2026 on both BSE and NSE.
• Price band and lot size: ₹118–₹124 per share, in lots of 120 shares.
• Issue structure: a ₹351.03 crore issue combining a ₹315.60 crore fresh issue and a ₹35.43 crore offer for sale by a corporate investor, not a promoter.
• Use of proceeds: the fresh-issue portion funds Mumbai redevelopment project costs and debt repayment; the OFS portion pays the selling investor, not the company.

Pranav Constructions IPO: Key Details at a Glance

What is the Pranav Constructions IPO Timeline?

When Will Pranav Constructions IPO Allotment Be Out?

Pranav Constructions IPO bidding closes on Wednesday, 9 September 2026. Under SEBI’s standard T+1 timeline, the registrar is expected to finalise the basis of allotment the next working day — Thursday, 10 September 2026. Refunds for non-allottees (ASBA amounts unblock automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts are expected on Friday, 11 September 2026. Listing on BSE and NSE is tentatively set for Tuesday, 15 September 2026 — later than a simple weekend adjustment would suggest, since the exchanges’ trading and settlement calendar around 12–14 September 2026 (the weekend plus a market holiday) pushes the listing out by an extra working day.

How to Check Pranav Constructions IPO Allotment Status

Method 1: Via KFin Technologies Ltd. (Registrar)

KFin Technologies Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

• Visit the KFin Technologies Ltd. IPO allotment status page.
• Select “Pranav Constructions Limited” from the company dropdown.
• Choose your verification method — PAN, Application Number, or DP/Client ID.
• Enter the details and submit to view your allotment status.

Method 2: Via BSE

• Visit the BSE Application Status Check page.
• Select “Pranav Constructions Limited” as the issue name.
• Enter your Application Number and PAN.
• Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

• Visit NSE’s bid verification page.
• Complete one-time registration with your PAN if you haven’t already.
• Select “Pranav Constructions Limited” and view your application status.

How is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Pranav Constructions. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment in the Pranav Constructions IPO, the ASBA amount blocked in your bank account is unblocked automatically; no separate refund request is needed. This is expected around Friday, 11 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts.

What Will Pranav Constructions Do With the IPO Proceeds?

Pranav Constructions’ IPO combines a ₹315.60 crore fresh issue with a ₹35.43 crore offer for sale, and the two pools of money go to very different places. The fresh issue proceeds go to the company: per the RHP, around ₹145.72 crore is earmarked for funding costs tied to its Mumbai redevelopment projects, government and statutory approvals, purchase of additional FSI, and compensation to society members for alternate accommodation and hardship during redevelopment, with a further ₹91.50 crore for repaying or prepaying existing borrowings, and the remainder for funding future redevelopment project acquisitions and general corporate purposes. The ₹35.43 crore offer-for-sale portion, by contrast, doesn’t fund the company at all; it goes directly to the selling shareholder, BioUrja India Infra Pvt. Ltd., a corporate investor rather than a company promoter.

What is Pranav Constructions Limited?

Pranav Constructions, headquartered in Goregaon West, Mumbai, is a real estate developer focused on the redevelopment of existing housing societies and buildings across the Mumbai Metropolitan Region, a specialised segment of Indian real estate where a developer rebuilds an ageing residential society in exchange for development rights, rather than building on open land. Its business involves securing statutory and government approvals, purchasing additional floor space index (FSI) to expand built-up area, and compensating existing residents for alternate accommodation and hardship during construction; all core costs of the redevelopment model that the IPO’s fresh-issue proceeds are earmarked to fund. The company is promoted by Pranav Kiran Ashar and Ravi Ramalingam.

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