Aureate Tradde IPO is a SME IPO of 38,98,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is . The Aureate Tradde IPO open and close dates are not available as of now. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Pranav Constructions IPO Details Details
Pranav Constructions IPO is a book-built issue worth ₹351.03 crore, comprising a fresh issue of 2.55 crore shares aggregating to ₹315.60 crore and an Offer for Sale (OFS) of 28.57 lakh shares aggregating to ₹35.43 crore. The IPO will open for subscription on September 7, 2026, and close on September 9, 2026. The basis of allotment is expected to be finalized on September 10, 2026, while the shares are tentatively scheduled to list on both BSE and NSE on September 15, 2026. The company has fixed the price band at ₹118–₹124 per share. The minimum lot size for retail investors is 120 shares, requiring a minimum investment of ₹14,880 at the upper price band of ₹124 per share. Centrum Capital Ltd. is the Book Running Lead Manager (BRLM) for the issue, while Kfin Technologies Ltd. is the registrar. Investors should refer to the Pranav Constructions IPO Red Herring Prospectus (RHP) for complete details regarding the company, financials, risk factors, objectives of the issue, and other relevant information.
IPO Details
| IPO Date | 07 Sep 26 |
| Listing Date | 15 Sep 26 |
| Face Value | ₹10 per share |
| Price Band | ₹118 to ₹124 |
| Lot Size | 120 |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Total Issue Size | ₹351 Cr |
| Fresh Issue |
₹316 Cr
|
| Offer for Sale | |
| Share Holding Pre Issue | 8,71,71,170 shares |
| Share Holding Post Issue | 11,26,22,782 shares |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 40% of the Offer |
| Retail Shares Offered | Not more than 45% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
About Pranav Constructions IPO Details.
Incorporated in July 2003, Pranav Constructions Limited is a Mumbai-based real estate company primarily engaged in redevelopment projects within the Municipal Corporation of Greater Mumbai (MCGM) Region, with a strong focus on Mumbai’s Western Suburbs. The Company was originally incorporated as Pranav Constructions Private Limited and was subsequently converted into a public limited company in July 2024.
The Company follows a pure-play redevelopment model, undertaking residential redevelopment projects across multiple housing segments, including Economical, Mid and Mass, and Aspirational homes.
As of March 31, 2026, Pranav Constructions had a portfolio of 65 redevelopment projects across the MCGM Region. This included 28 completed projects, 20 under-construction projects, and 17 upcoming projects, representing a combined Total Developable Area of approximately 5.01 million sq. ft.
Pranav Constructions follows an integrated redevelopment model, supported by in-house capabilities across key stages of project execution, including tendering, pre-construction, construction, and post-construction activities. Its business model primarily involves entering into redevelopment agreements with co-operative housing societies, enabling the Company to pursue a relatively capital-efficient approach to real estate development.
The Company has been undertaking redevelopment projects since 2012 and has built an established presence in Mumbai’s Western Suburbs, supported by its project execution capabilities and growing redevelopment pipeline.
As of March 31, 2026, the Company employed 198 permanent employees, including whole-time directors. Its workforce spans key functions such as construction management, sales and customer relationship management, architecture, legal and compliance, finance, administration, and human resources.
Competitive Strengths
Established presence in Mumbai’s Western Suburbs with a strong and growing redevelopment project pipeline.
Capital-efficient redevelopment business model operating in a segment with relatively high barriers to entry.
Consistent financial performance supported by the Company’s expanding project portfolio.
Strong project execution capabilities, backed by integrated in-house expertise across multiple stages of redevelopment.
Customer-centric approach and stakeholder management capabilities, particularly in dealing with co-operative housing societies and other stakeholders.
Experienced Promoters and professional senior management team, supported by established corporate governance practices.
Demonstrated growth and execution track record, positioning the Company among the established redevelopment-focused real estate players in Mumbai’s Western Suburbs.
Company Financials (Restated)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 | |
|---|---|---|---|---|
| Assets | 1,799.19 | 1,246.29 | 966.80 | |
| Total Income | 763.93 | 638.24 | 449.75 | |
| Profit After Tax | 71.32 | 62.25 | 39.62 | |
| EBITDA | 130.83 | 98.54 | 59.73 | |
| Net Worth | 246.70 | 175.59 | 88.37 | |
| Amount in ₹ Crore | ||||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding 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 | 145.72 |
| 2 | Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company | 91.50 |
| 3 | Funding acquisition of future redevelopment projects and general corporate purposes. | 0.00 |
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 33.78%% | 47.17%% |
| ROCE | 24.34%% | 24.83%% |
| Debt/Equity | - | - |
| RoNW | 33.78%% | 47.17%% |
| PAT Margin | 9.37%% | 9.78%% |
| EBITDA Margin | 17.18%% | 15.49%% |
Key Performance Indicator (KPI)
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 8.18 | 6.33 |
| The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP. The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP. | ||
IPO Registrar
- Kfin Technologies Ltd.
- 040-79615565
- pcpl.ipo@kfintech.com
- Visit Website
IPO Lead Manager(s)
Contact Details
Pranav Constructions Ltd. Address
Unit No. 1001, 10th Floor, DLH Park Near MTNL, S.V. Road Goregaon (West) Mumbai, Maharashtra, 400104
- +91 22 6276 9939
- compliance.officer@pranavconstructions.com
- Visit Website
IPO FAQs
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What is the Aureate Tradde IPO?
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How to apply in Aureate Tradde IPO through Zerodha?
Zerodha customers can apply online in Aureate Tradde IPO using UPI as a payment gateway. Zerodha customers can apply in Aureate Tradde IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aureate Tradde IPO through Zerodha
- Visit the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ' Aureate Tradde IPO ' row and click the 'Bid' button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
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When Aureate Tradde IPO will open?
The Aureate Tradde IPO dates are not announced. Please check back again after some time.
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What is the lot size of Aureate Tradde IPO?
Aureate Tradde IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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How to apply for Aureate Tradde IPO?
You can apply in Aureate Tradde IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
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Is online banking secure?
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When is Aureate Tradde IPO allotment?
The finalization of Basis of Allotment for Aureate Tradde IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aureate Tradde IPO allotment status.
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When is Aureate Tradde IPO listing date ?
The Aureate Tradde IPO listing date is not yet announced. The tentative date of listing is .