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Pranav Constructions Limited’s contract assets rose 107.9% to Rs 513.234 crore in FY2026 as over-time revenue recognition exceeded milestone-based invoicing.
Social media trackers show NSE IPO grey market premium moderating to mid-single digits to high-single digits, with different platforms quoting varying GMP levels during the subscription window.
Nifty hit a five-month low as elevated crude, rising global bond yields, FII selling and caution ahead of the US Fed meeting drove a sharp risk-off session.
Pranav Constructions funds Mumbai redevelopment through pre-sales and milestone collections, with disclosed initial investment equal to 9.00% to 13.42% of estimated sales value.
Anupam Rasayan has called a September 19, 2026 board meeting to consider raising up to ₹160 crore via secured, rated, unlisted, redeemable NCDs on private placement.
Pranav Constructions supplied 1,652 units through 30 projects, ranking first among five developers in MCGM redevelopment launched from CY21 through Q1 CY26.
MCGM redevelopment made up 62% of 168,696 under-construction units, but only 32%, or 33,987 units, were absorbed as of Q1 CY26.
Pranav Constructions' related-party transaction ratio fell to 4.32% of FY26 revenue from 53.42% in FY24 as flat and loan flows diminished.
Pranav Constructions proposes Rs 145.718 crore for redevelopment expenses, including Rs 137.96 crore for approvals and additional FSI across 12 identified projects.
Infrax Renewable’s BSE SME IPO requires a minimum two-lot application of 2,400 shares worth Rs 2.50 lakh at its fixed Rs 104 price.
Infrax Renewable expanded its share base to 1 crore through a 7:1 May 2026 bonus issue before placing 9.85 lakh shares privately for working capital in June.
Infrx Renewable had Rs 6.99 crore of debt at March 2026, including Rs 1.59 crore in 12% director loans and bank facilities backed by guarantees.
PM Surya Ghar had reached 40 lakh beneficiary households and installed more than 12 GW across over 33 lakh rooftop systems by May 2026.
Infratx’s customer concentration rose as its top 10 customers generated 47.02% of FY2025-26 revenue, up from 7.92% in FY2023-24.
Infratx solar-product trading reached 41.52% of FY 2025-26 revenue, rising from 3.85% in FY 2023-24 as operating revenue reached Rs 93.21 crore.
Infrax Renewables proposes Rs 12.29 crore of machinery spending for recycling and manufacturing, although it has placed no orders or signed definitive vendor agreements.