Pranav Constructions IPO Now Open for Subscription, Check Latest GMP, Price Band and Listing Date
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Pranav Constructions IPO now open for subscription, check latest GMP, price band and listing date
Pranav Constructions' unlisted shares are trading at a grey market premium (GMP) of Rs 44. Considering the upper price band of Rs 124, the company's shares are expected to list at around Rs 168, reflecting a grey market premium of 35.48 per cent.
Pranav Constructions IPO LIVE: GMP hints 35% listing gain on Day 1; check review, subscription. Apply or not?
Pranav Constructions IPO opens for subscription from September 7 to September 9, with a price band of ₹118–124. The estimated listing price is ₹168, suggesting a positive outlook, while the company focuses on redevelopment projects in Mumbai's Western suburbs.
Pranav Constructions IPO Day 1: Check Subscription Status, GMP And Other Details
The IPO is a book build issue of Rs 351.03 crore. It is a combination of fresh issue of 2.55 crore shares aggregating to Rs 315.60 crores and offer for sale of 28.57 lakh shares aggregating to Rs 35.43 crore.
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