New Delhi, Sept. 15 -- Pranav Constructions share price was locked in a 20% lower circuit on Tuesday, 15 September after making a strong debut on the stock exchanges. On the BSE, the stock was locked at Rs.129.60 apiece, remaining 4.52% higher than its IPO price of Rs.124. On the NSE, shares were trading at RS 132, up 6.45% from the IPO price.

Shares of real estate developer Pranav Constructions made a strong debut on the stock exchanges, listing at a premium of around 33% over its IPO issue price of Rs.124.

On the BSE, the Pranav Constructions share price opened at Rs.162, up 30.64% from the IPO price. On the NSE, the stock debuted at Rs.165, registering a 33% premium over the issue price.

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Following the strong listing, the stoc...