{
  "id": 6414940,
  "title": "Pranav Constructions IPO Day 3: Subscribed 112.62x so far",
  "url": "https://urgent.news/2026/09/09/pranav-constructions-ipo-day-3-subscribed-112-62x-so-far",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T11:04:03.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/pranav-constructions-ipo-day-3-subscribed-11262-times-so-far-on-closing-day/article71446811.ece"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "QIB portion subscribed 234.87 times, while the non-institutional investors’ portion was subscribed 202.65 times",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hindu BusinessLine",
        "title": "All you need to know about Pranav Constructions IPO",
        "url": "https://urgent.news/2026/09/07/all-you-need-to-know-about-pranav-constructions-ipo",
        "published": "2026-09-07T02:35:41.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}