(21/08/1949 – 16/01/2023)
Our visionary founder, Kiran Bhai (as he was fondly known) laid the foundation stones for PCPL. With an everlasting smile, he sowed the seeds for the birth of the company and nurtured PCPL to modest growths. A man of high principles and impeccable integrity, Kiran Bhai hand-picked and trained the early gems to work with PCPL and drew the map for the company’s future progression.
A decision maker in the true sense, his decisions and wisdom make up the roots for PCPL. His humour and connect to people has even as of today, ensured a life long association of some of our employees, vendors and associates with PCPL.
His guidance, fortitude and resilience during the early testing times of PCPL continues to serve as a lesson for all in PCPL enabling our learnings and experiences as we continue to grow leaps and bounds.
Although he is missed by one and all, his memory and guiding spirit continues to propel PCPL in its journey through time.
Pranav Kiran Ashar is a Chairman and Managing Director on the Board of our Company. He has been on the Board of our Company since July 31, 2003. He has over 21 years of experience in the real estate industry.
Ravi Ramalingam is a Whole-time Director on the Board of our Company. He is member of the Institute of Chartered Accountants of India. He has been on the Board of our Company since January 25, 2023. He has over 16 years of experience in the field of finance and accounting.
Ninad N Patkar is a Whole-time Director on the Board of our Company. He also holds the position of head of architecture and planning department of our Company. He has been on the Board of our Company since October 7, 2022. He has over 17 years of experience in the field of design and architecture.
Suneet J Desai is a Whole-time Director on the Board of our Company. He also holds the position of head of construction management department of our Company. He has been on the Board of our Company since October 7, 2022. He has over 24 years of experience in the field of construction.
Pritesh Patangia is a Non- Executive Director on the Board of our Company. He has been a director on the Board of our Company since April 14, 2021. He has combined experience of over 17 years in the field of real estate, oil and gas, IT, metal, manufacturing, agricultural commodity trading, food processing and outsourcing industries.
Sreedhar Muppala is an Independent Director on the Board of our Company. He is a member of Institute of Chartered Accountants of India. He has been on the Board of our Company since July 30, 2024. He is currently serving as the central council member of the Institute of Chartered Accountants of India from the southern constituency. He is also member of various committees of Institute of Chartered Accountants of India. He has experience of over 19 years in the field of professional consultancy services.
Gautam Gulabchand Parekh is an Independent Director on the Board of our Company. He is a member of Institute of Chartered Accountants of India. He has been on the Board of our Company since July 30, 2024. He has experience of over 45 years in the field of professional consultancy services.
Nihar Niranjan Jambusaria is an Independent Director on the Board of our Company. He is a member of Institute of Chartered Accountants of India. He has been on the Board of our Company since July 30, 2024. He has previously served as the president and vice-president of the Institute of Chartered Accountants of India. He also served as the chairman of the western India regional council and as member of corporate laws and corporate governance committee of the Institute of Chartered Accountants of India. He has 40 years of experience in the field of professional consultancy services.
Nina Pradip Kapasi is an Independent Director on the Board of our Company. She is a member of Institute of Chartered Accountants of India. She has been on the Board of our Company since July 30, 2024. During FY 2023-24, she was part of the Seminar Public Relations & Membership Development Committee of the Bombay Chartered Accountants Society. She was awarded CA Women Independent Director award by the Women & Young Members Excellence Committee of ICAI. She has over 42 years of experience in the field of professional consultancy services.
Harish Gopinath Kale is an Independent Director on the Board of our Company. He is a member of Institute of Chartered Accountants of India. He has been on the Board of our Company since July 30, 2024. He has experience of over 17 years in the field financial consultancy in the areas of budgeting, cost controlling and monitoring and taxation.
Dilkhush Motilal Malesha is the Chief Financial Officer of our Company. He is also a member of the Institute of Chartered Accountants of India. He has over 12 years of experience in finance and taxation. He has been associated with our Company since January 2, 2023.
Ritu Jain is the Company Secretary and Compliance Officer of our Company. She is an associate member of The Institute of Company Secretaries of India. She has over 12 years of experience in handling secretarial and legal compliance. She has been associated with our Company since February 11, 2019.
Akshay Prem Kripalani is the Chief Sales and Marketing Officer of our Company. He has been associated with our Company since August 1, 2019. He has over 20 years of experience in the field of sales and advertising in real estate sector.
Disclaimer - Important
THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.
IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.
The following disclaimer applies to the red herring prospectus of Pranav Constructions Limited (the “Company”), dated August 31, 2026 (the “Red Herring Prospectus”), filed with the Registrar of Companies Registrar of Companies, Mumbai-I at Mumbai and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited and the abridged prospectus of the Company dated August 31, 2026 (the “Abridged Prospectus”) filed with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”). You are advised to read the following notice carefully before accessing the Red Herring Prospectus and the Abridged Prospectus. In accessing the Red Herring Prospectus and, or, the Abridged Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.
THE RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).
The Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not forward, distribute, reproduce, or deliver this document, in whole or in part, whether electronically or otherwise, to any person outside India.
Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholder (as defined in the Red Herring Prospectus) or the members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer.
Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 18 of the Red Herring Prospectus.
The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.
The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Selling Shareholder, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof.
No person outside India is eligible to bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).
You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you.
Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.
If you are not in India, please exit this webpage.
Confirmation of your acceptance of the terms and conditions
By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:
You have read the disclaimer set out above and you agree to be bound by its terms; and
You are located in India.
If you cannot make these confirmations, you must press
the button marked “I Do Not Confirm”.
Disclaimer
THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.
IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.
The following disclaimer applies to the prospectus of Pranav Constructions Limited (the “Company”) dated September 9, 2026 (the “Prospectus”) filed with the Registrar of Companies Registrar of Companies, Mumbai-I at Mumbai and thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹10 each (the “Equity Shares”) of the Company (the “Offer”). You are advised to read the following notice carefully before accessing the Prospectus. In accessing the Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.
THE PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).
The Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. You may not forward, distribute, reproduce, or deliver this document, in whole or in part, whether electronically or otherwise, to any person outside India.
Access to the Prospectus does not constitute a recommendation by the Company, the Selling Shareholder (as defined in the Prospectus) or the members of the Syndicate (as defined in the Prospectus) to invest in the Equity Shares.
An investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 18 of the Prospectus.
The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act (“Regulation S”)) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer were offered and are being sold only outside the United States in “offshore transactions” as defined in, and in reliance on, Regulation S.
The information in the Prospectus is as of the date thereof and none of the Company, the Selling Shareholder, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Prospectus to reflect circumstances arising after the date thereof.
No person outside India was eligible to bid for Equity Shares in the Offer unless that person received the preliminary offering memorandum for the Offer, which comprises the red herring prospectus and the preliminary international wrap attached thereto (which contains, among other things, the selling restrictions for the Offer outside India), both of which are dated August 31, 2026.
You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this website or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you.
Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.
If you are not in India, please exit this webpage.
Confirmation of your acceptance of the terms and conditions
By clicking on the “I Confirm” button below you represent to the Company and the members of the Syndicate that:
You have read the disclaimer set out above and you agree to be bound by its terms; and
You are located in India.
If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.
You are not permitted to view the materials in this section of the website.
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Pranav Constructions Limited is a Mumbai-based redevelopment company with a decade-long reputation for building high-quality homes on schedule, with complete honesty and transparency.
Thank you for visiting our website. By accessing this website, the viewer confirms that all the information including images, plans, specifications, features, brochures and marketing collaterals on this website are for information purposes only. Nothing on this website constitutes advertising, marketing, booking, selling or an offer or invitation to purchase any unit in any of the Projects of the Company. You are therefore requested to independently verify all details, including area, amenities, services, terms of sale and payments with our Sales Team prior to taking any decision of purchasing any unit/s in any of our Projects. The Company is not liable for any consequences and/or any action taken by the viewer relying on the material or information on this website.
Pranav Constructions Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India ("SEBI”). The DRHP is available on the website of the Company at https://www.pranavconstructions.com/investor-corner/drhp, website of SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Centrum Capital Limited and PNB Investment Services Limited, respectively, and the websites of National Stock Exchange of India Limited and BSE Limited at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the RHP, when available. Potential investors should not rely on the DRHP filed with SEBI for any investment decision.
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