Mumbai, Sept. 15 -- The stock debuted at Rs 162 on the BSE, a premium of 30.65% over its issue price.
So far, the stock has hit a high of Rs 164.50 and a low of Rs 129.60. On the BSE, over 45.08 lakh shares of the company were traded in the counter so far.
Pranav Constructions was subscribed 121 times. The issue opened for bidding on 7 September 2026 and closed on 9 September 2026. The price band of the IPO is fixed between Rs 118 and 124 per share.
The offer comprised a fresh issue of equity shares of Rs 10 each aggregating to Rs 316 crore and an offer for sale of 2856869 equity shares by BioUrja India Infra, an investor selling shareholder.
Of the net proceeds from the fresh issue, the company intends to use Rs 145.718 crore to meet t...