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Pranav Constructions IPO IPO

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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Dec 202431 Mar 2024
Assets1,208.39966.80
Total Income432.06449.75
Profit After Tax43.0539.62
NET Worth156.3688.37
Reserves and Surplus93.2984.70
Total Borrowing149.8899.34
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Sri Lotus Developers & Realty Ltd.Mainboard₹792.00 Cr₹15028.69₹195.67+30.45%₹180.39 (+3.89%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding 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 the Under-construction Redevelopment Projects, and certain of the Upcoming Redevelopment Projects (Funding Redevelopment Expenses).223.75
2Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company.74.00
3Funding acquisition of future redevelopment projects and general corporate purposes.
Total297.75

About Pranav Constructions IPO

Incorporated in 2003, Pranav Constructions Limited is an Indian construction company specializing in residential, commercial, and infrastructure development projects. Key Services: Residential Projects: Develop affordable housing, premium apartments, and gated communities. Commercial Projects: Builds office spaces, retail centers, and mixed-use developments. Infrastructure Development: Engaged in road construction, bridges, water supply projects, and other public infrastructure works. Redevelopment Expertise: The company has in-house capabilities to manage the entire redevelopment process, including: Tendering Stage – Bidding for projects. Pre-Construction Stage – Planning and approvals. Construction Stage – Project execution. Post-Construction Stage – Final handover and management. Market Position & Projects: Leader in MCGM Redevelopment Projects in Mumbai's Western Suburbs (based on units supplied and projects completed/under construction). Completed Redevelopment Projects: 26 projects with a total developable area of 1.25 million sq. ft. Some notable projects include: Gold Coin CHSL, Gala Apartments CHSL, Ramesh Mandir CHSL, New Shalimar Apartments CHSL, Malad Marudhar CHSL, and

Contact Details

Pranav Constructions Ltd. AddressUnit No. 1001, 10th Floor, DLH Park,Near MTNL, S.V. Road,Goregaon (West),Mumbai, Maharashtra, 400104+91 22 6276 9939compliance.officer@pranavconstructions.comVisit Website