Basis Of Allotment

Pranav Constructions Ltd.
Issue Open Date 07-Sep-26  
Issue Closing Date 09-Sep-26  
Application Money 100  
Allotment Money  
Price Band (Rs.) 118 - 124  
Minimum Bid Quantity. 120  
Issue Size (Shares) 22463137  
Market Lot 1  
Objective :

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 our Under-construction Redevelopment Projects, and certain of our Upcoming Redevelopment Projects (“Funding Redevelopment Expenses”);2. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company; and3. Funding acquisition of future redevelopment projects and general corporate purposes.

Business Description

We are the leading real estate company, based on the supply of units and number of completed and under construction MCGM - Redevelopment27 projects in the Western Suburbs28, with...

Promoter's Holding
Total Share Capital   55219345  
Offered to Public   29602631  
Promoter's Holding (Pre-Issue)   63.35  
Promoter's Holding (Post-Issue)    
Address
Unit No. 1001
10th Floor
D L H Park
Near M T N L
S. V. Road
Goregaon (West)
Mumbai ,
Maharashtra ,
400104
Phone : 022 62769999
Email : contact@pranavconstructions.com
Website : www.pranavconstructions.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Centrum Capital Ltd
PNB Investment Services Ltd
Promoters
Pranav Kiran Ashar
Ravi Ramalingam

Attention Investors

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month, Issued in the interest of Investors.

BSE / NSE SEBI Registration No. INZ000279232, Depository Participant SEBI Registration No. – IN DP CDSL 132-2015
Mutual funds - ARN No. 81648 , Investment Adviser SEBI Registration No. : INA000008668.
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