Pranav Constructions IPO Live: Pranav Constructions IPO opened today, September 7. The Rs 351.03 crore issue is attracting strong investor interest; its grey market premium (GMP) stands at Rs 44, indicating a 36% premium over the upper price band of Rs 124. The Mumbai-based real estate developer also raised Rs 84.24 crore from anchor investors before the issue opened.

Pranav Constructions secures ₹84 crore from anchor investors ahead of its IPO opening on September 7.

The ₹351 crore IPO will remain open from September 7 to 9, with shares priced at ₹118–₹124 and a minimum lot size of 120 shares.

Pranav Constructions’ ₹351-crore IPO was subscribed 4.55 times at 3.24 pm on the first day of bidding, with strong demand from non-institutional investors