Pranav Constructions Ltd IPO Day 2 Subscriptions details: check bidding details

Pranav Constructions Ltd IPO day 2 subscription details:

The initial public offering of Pranav Constructions Ltd ended the second day with investors bidding 13.66 the available shares on offer worth 351.03. The retail investor portion of the IPO was subscribed 12.59 times the available shares on offer. Retail investors have 59.30% of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers' (QIB) portion of the IPO got bids for 0.91 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 30.34 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Read More: Pranav Constructions Ltd IPO day 1 subscriptions details

Here's a snapshot of the subscription details:

Pranav Constructions Ltd IPO details :

Pranav Constructions Ltd's IPO consists of an offer for sale of 35.43 shares and a fresh issue of ₹315.60. The IPO’s price band is ₹118 – ₹124 per share. The company’s shares will be listed on BSE, NSE on 15 Sep 26.

Here are the key details of Pranav Constructions Ltd IPO

Offer for sale: 35.43 shares

Fresh issue: 315.60

Price Band: ₹118 – ₹124 per share

Bid open dates: 07 Sep 26

Allotment date: 10 Sep 26

Listing date: 15 Sep 26

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