{"id":236059,"date":"2026-09-09T10:09:06","date_gmt":"2026-09-09T04:39:06","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=236059"},"modified":"2026-09-09T10:09:08","modified_gmt":"2026-09-09T04:39:08","slug":"pranav-constructions-initial-public-offering-day-3-subscription-9-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/pranav-constructions-initial-public-offering-day-3-subscription-9-september-2026\/","title":{"rendered":"Pranav Constructions IPO Day 3: Subscription Closes Today, 9 September 2026"},"content":{"rendered":"
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Pranav Constructions IPO closes today, 9 Sep 2026. Subscribed 19.02x at Day 2 close: NII 45.77x, Retail 16.49x, QIB 1.04x. Price band Rs 118-124.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Pranav Constructions IPO is on its final day of bidding on 9 September 2026, with the subscription window closing today. The issue has built strong momentum through its three day window, closing Day 1 at 6.03 times overall and Day 2 at 19.02 times, with non-institutional investors leading throughout at 45.77 times by the Day 2 close. Retail investors had also crossed 16 times, and qualified institutional buyers had crossed full subscription at 1.04 times. With bidding open until the end of today’s session, the final Pranav Constructions IPO numbers could run higher still as QIBs typically add further bids in the closing hours.<\/p>\n<\/div>\n

Pranav Constructions Limited, a Mumbai based real estate developer focused on redevelopment projects in the Municipal Corporation of Greater Mumbai region, has reached the final day of its IPO subscription window today, 9 September 2026. The Pranav Constructions IPO opened on 7 September and is a mainboard, book built issue worth about Rs 351.03 crore, comprising a fresh issue and an offer for sale. The shares are proposed to list on both NSE and BSE.<\/p>\n

Demand for the issue has built rapidly through the bidding window. The issue closed Day 1 subscribed 6.03 times overall, with NII already leading at 11.14 times, and moved further to 19.02 times by the close of Day 2, with NII climbing to 45.77 times and retail crossing 16 times. On the closing day itself, the issue is well placed to extend this run further, particularly if institutional bids add to the QIB book in the final hours.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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