“Bullish on Pranav Constructions, citing its strong position as a pure-play Mumbai redevelopment player with 65 MCGM projects and 5.0 million sq. ft. developable area. The company is well-positioned to benefit from Mumbai's redevelopment opportunity, supported by an integrated, asset-light model and strong financial performance (revenue and PAT CAGR of 30% and 34% respectively between FY24-FY26). The post-IPO valuation of 19.6x P/E is reasonable. He suggests booking partial listing gains of 25-30% and holding the rest for the long term, while monitoring post-listing valuation and project execution.”