Pranav Constructions Ltd
Pre Issue Shares
8,71,71,170
No. of Shares Issued
-
Pre Issue Equity Amt.
₹87.17 Cr
DP Filling Date
28 February 2025
Pranav Constructions Ltd IPO Timeline
Pranav Constructions Limited was originally incorporated as 'Pranav Constructions Private Limited', a private limited company, dated July 31, 2003 with the RoC. The name of the Company was subsequently changed to 'Pranav Constructions Limited', upon conversion of the Company status from private limited to a public limited and a fresh certificate of incorporation was issued on July 29, 2024, by Registrar of Companies, Central Processing Centre.
Pranav Constructions Ltd IPO Details
| Pranav Constructions Ltd IPO Date | - |
| Pranav Constructions Ltd IPO Face Value | - |
| Pranav Constructions Ltd IPO Price | - |
| Pranav Constructions Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Pranav Kiran Ashar, Ravi Ramalingam |
- Strengths
- Risks
- Opportunities
- Among the leading real estate companies in the Western Suburbs with a demonstrated growth and strong pipeline.
- Capital efficient business model with high barriers to entry.
- Established a customer-centric brand in the Western Suburbs with robust stakeholder management.
- Track record of consistent financial performance.
- Experienced Promoters, professional senior management, good corporate governance practices and a committed employee base.
Company Financials
Pranav Constructions Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 702.66 | 356.18 | 15.29 |
| 03-2022 | 627.83 | 219.03 | 0.42 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding costs towards obtaining gov. & statutory approvals of addi. FSI & cost towards compensation to members towards alternate accommodation, & hardship compensation, in relation to the dev. of certain of the Co. under-construction redevelopme
- Repayment or pre-payment, in full or in part, of certain of the company outstanding borrowings availed by the comapny
- Funding acquisition of future redevelopment projects and general corporate purposes
Pranav Constructions Ltd IPO Prospectus
Pranav Constructions Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
Unit No.1001 10th Flr DLH ParkNr.MTNL S.V.Rd Goregaon West,Mumbai-400104
Phone: +91 22 6276 9939
Email: compliance.officer@pranavconstructions.com
Website: www.pranavconstructions.com
Pranav Constructions Ltd IPO Registrar
Pranav Constructions Ltd IPO Lead Manager(s)
- Centrum Capital Ltd
- PNB Investment Services Ltd