Pranav Constructions IPO GMP History
Final pre-listing GMP reading: 14 Sept 2026, 1:00 pm IST
GMP applies before listing only. The figures below are a historical record of grey market sentiment ahead of the debut on 15 Sept 2026 — see listing performance for the actual outcome.
GMP trend
GMP moved from ₹22 on 1 Sept 2026 to ₹45 on 14 Sept 2026.
Day-wise GMP history
| Date | GMP | Implied Return | Subject to Sauda | Implied Listing |
|---|---|---|---|---|
| 14 Sept 2026 | ₹45 | +36.3% | ₹4,700 | ₹169 |
| 13 Sept 2026 | ₹45 | +36.3% | ₹4,100 | ₹169 |
| 12 Sept 2026 | ₹50 | +40.3% | ₹4,600 | ₹174 |
| 11 Sept 2026 | ₹44 | +35.5% | ₹4,500 | ₹168 |
| 10 Sept 2026 | ₹43 | +34.7% | ₹4,700 | ₹167 |
| 9 Sept 2026 | ₹40 | +32.3% | ₹3,600 | ₹164 |
| 8 Sept 2026 | ₹41 | +33.1% | ₹3,900 | ₹165 |
| 7 Sept 2026 | ₹42.5 | +34.3% | ₹3,900 | ₹166.5 |
| 6 Sept 2026 | ₹42 | +33.9% | ₹4,000 | ₹166 |
| 5 Sept 2026 | ₹41 | +33.1% | ₹3,700 | ₹165 |
| 4 Sept 2026 | ₹39 | +31.4% | ₹3,400 | ₹163 |
| 3 Sept 2026 | ₹30.5 | +24.6% | ₹2,800 | ₹154.5 |
| 2 Sept 2026 | ₹27 | +21.8% | ₹2,500 | ₹151 |
| 1 Sept 2026 | ₹22 | +0.0% | ₹0 | ₹146 |
GMP is an unofficial figure sourced from grey market dealers and is not a guarantee of the listing price. Provided for information only, not investment advice. How we source GMP · Disclaimer
Reading this GMP history
How the GMP moved
The first grey market reading in our record for the Pranav Constructions IPO came in at ₹22 on 1 Sept 2026. The premium peaked at ₹50, roughly +40.3% on the issue price on 12 Sept 2026. The final reading before listing was ₹45, dated 14 Sept 2026. Start to finish, over 14 days, that is a net rise of ₹23 per share. Day-end readings ranged between ₹22 and ₹50 across 14 days of data — a band of ₹28 that shows how much dealer sentiment shifted while the quote was live.
GMP versus the actual listing
Going into listing day, the final premium of ₹45 implied a debut near ₹169 against the issue price of ₹124. The stock actually debuted at ₹162, a listing gain of +30.6% on the issue price. That puts the actual debut ₹7 below what the final premium implied — a gap worth noting when weighing how much signal GMP carried for this issue.
Kostak and subject-to-sauda
The grey market in this issue went beyond the share premium to application-level deals. The subject-to-sauda rate — what a buyer pays for an application that is honoured only if it wins allotment — was last quoted at ₹4,700 per application as of 14 Sept 2026. Unlike a kostak deal, where an application changes hands at a fixed price regardless of the outcome, a sauda payout depends entirely on the allotment draw. At the prevailing premium, the dealer-estimated profit per lot stood at ₹6,240 on a lot of 120 shares. Both metrics come from the same dealer network as the GMP itself and move with it. Every grey market figure on this page is an unofficial number collected from grey-market dealers; it is not published by the company or the exchanges and is not a guarantee of the actual listing price.
Frequently asked questions
- What is the Pranav Constructions IPO price band?
- The Pranav Constructions IPO price band is ₹118 to ₹124 per share, with a lot size of 120 shares.
- What was the Pranav Constructions IPO GMP before listing?
- The final grey market premium recorded before the Pranav Constructions IPO listed was ₹45. The IPO listed on 15 Sept 2026 at ₹162, +30.6% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When is the Pranav Constructions IPO allotment and listing date?
- Allotment is expected on 10 Sept 2026. The shares are scheduled to list on 15 Sept 2026 on NSE and BSE.