Pranav Constructions IPO: Mumbai-based developer's ₹351-crore issue was fully subscribed within an hour on opening day, with non-institutional investors bidding 4.15x their allocation. Goldman Sachs anchored with ₹25 crore. A grey market premium of ₹44 points to a potential 36% listing gain over the ₹124 upper band — a signal that capital still sees construction as a growth bet even as safety failures dominate headlines.
