All you need to know about Pranav Constructions IPO
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' initial public offering (IPO) experienced an overwhelming demand, with the shares being subscribed 112.62 times as of the closing day of bidding. Qualified institutional buyers (QIBs) accounted for the largest portion of the subscription at 234.87 times, while non-institutional investors (NIIs) received 202.65 times subscription. The retail investors contributed a smaller portion, with a subscription rate of 39.47 times.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Pranav Constructions IPO Day 3: Subscribed 112.62x so far thehindubusinessline.com
