India IPO
⏳ UPCOMING IPO
IPO UPDATES
CONFIDENTIAL

Casagrand Premier Builder IPO GMP, Date, Price Band & Review

Chennai’s leading residential developer. Review IPO financials, GMP, and growth.

IPO Details
Casagrand Premier Builder IPO

Casagrand Premier Builder IPO

About Casagrand Premier Builder IPO

In the SEBI submission of a Company's IPO Proposals, Casagrand Premier Builders Limited is in the last stage of the process to privatise companies through IPOs. The DRHP was filed on December 29, 2025. Of the total issuance, the company will create new Equity Shares with an issuance of ₹1,220 Crores; the Company will also issue the existing shareholders (Current Promoters) under Offer for Sale (OFS) for a maximum of ₹20.00 Crores. The funds raised from the Casagrand Premier Builder IPO will be used to list its Shares on NSE and BSE. Each equity share will have a face value of ₹2.

The Casagrande Premier Builders IPO will be structured as a 100% Book Built Offering with respect to both the booking and the bidding prices, which will be published and determined during the book building process.

The Book Running Lead Managers (BRLM) for Casagrand Premier Builder IPO will be Motilal Oswal Investment Advisors Ltd. Kfin Technologies Ltd. will act as the Registrar of the public listing/IPO services for allotments and refunds.

Company Background

The beginnings of Casagrand Premier Builder Limited were established on the 19th of November 2003, when the Company opened its doors as a small private company named Casa Grande Private Limited based in Chennai (Tamil Nadu). Over the years, the Company has gone through many changes and several name changes; it finally converted to a Public Limited Company in August 2023.

Today, Casagrand is considered as one of South India’s leading and most trusted developers/builders of quality homes and vibrant communities. Although Casagrand is now located throughout South India, the Company continues to maintain its head office location and the nucleus of its business in Chennai.

Operations & Product Range

This firm is an established leader in the residential property sector, with a large proportion of the residential real estate market in Chennai. A main focus of the Casagrand Premier Builder IPO is to highlight the diversity of products on offer from Casagrand Premier Builder, such as luxury and mid-range apartments, as well as independent villas. The Company's network of operations extends beyond Chennai into other cities, including Bengaluru, Coimbatore, and Hyderabad.

Revenue Streams and Business Model

Casagrand Premier Builder Limited employs a vertically integrated business model, where they are responsible for handling everything from land acquisition and development to executing the construction and sales. Their main sources of revenue are generated by the sales of residential apartments, luxury villas, and land, especially in Chennai, where they acquire the maximum market share. They also earn revenues through Joint Development Agreements and project sales in South India.

Management & Shareholding

Promoters & Shareholding

The promoters of the company are Arun MN and Casagrand Luxor Private Limited. Both are also the selling shareholders in the Casagrand Premier Builder IPO.

Board & Key Management

Arun MN leads the leadership team as the Chairman and Managing Director. The executive team also includes Hanuman Joshi (Chief Financial Officer) and Nisha Abhishek Jha (Company Secretary and Compliance Officer).

Casagrand Premier Builder IPO Details

DetailDescription
IPO Date[.]
Listing Date[.]
Face Value₹ 2 per Equity Share
Issue Price Band[.]
Lot Size[.]
Sale TypeFresh Issue + Offer for Sale (OFS)
Total Issue SizeUp to ₹ 12,200 million
Fresh Issue(Ex Market Maker)Up to ₹ 12,000 million
Offer for SaleUp to ₹ 200 million
Issue Type100 % Book Built Offer
Listing AtBSE and NSE
Share Holding Pre Issue17,46,50,000 Equity Shares

Casagrand Premier Builder IPO Financial Information

Latest Revenue

7,564.06

₹ Crore

Profit After Tax

(270.43)

₹ Crore

Net Worth

9,674.86

₹ Crore

Total Borrowing

45,322.78

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthReserves & SurplusTotal Borrowing
30 June 20251,54,320.897,564.06(270.43)9,674.869,325.5645,322.78
31 March 20251,38,949.8826,134.341,459.789,945.969,596.6642,907.70
31 March 202498,372.0522,763.452,246.307,001.626,652.3236,646.09
31 March 202373,555.6416,876.351,547.054,422.454,372.5524,776.26
Amount in ₹ Crore

Casagrand Premier Builder Key Performance Indicator

KPIValues
ROE23.61%
ROCE6.97%
Debt/Equity4.26x
PAT Margin8.45%
EBITDA Margin30.35%
Price to Book Value[.]
Pre IPOPost IPO
EPS (Rs)₹13.43[.]
P/E (x)[.][.]

IPO Objectives

The funds raised through the Casagrand Premier Builder IPO are intended to be used for:

  • • Repayment or prepayment of certain borrowings availed by the company and its subsidiaries.
  • • Funding the acquisition of land or land development rights.
  • • General corporate purposes.
  • • Achieving the benefits of listing the equity shares on the stock exchanges.

Conclusion

Overall, through the Casagrand Premier Builder IPO, the company aims to take another step toward achieving additional growth and establishing itself as the dominant player in the South Indian residential marketplace. Funds received from Casagrand Premier Builder's IPO will support the development of more future projects as well as provide the opportunity to improve their overall balance sheet. In addition, it would provide an opportunity to become part of the journey of a brand that has been creating many customers dreams for 20+ years.

Frequently Asked Questions

The total amount to be raised from the issue of equity shares is ₹1220 Crores from the Casagrand Premier Builder IPO.
The founders of the company, Casagrand, was/were Arun MN, founder of the business, along with his affiliated entity, Casagrand Luxor Ltd.
The founders of Casagrand include Arun MN and Casagrand Luxor Ltd through an affiliation.
The Book Running Lead Managers were Motilal Oswal Investment Advisors Ltd. and Dham Capital Advisors Ltd., while the Registrar was KFin Technologies.
The Corporate Office of Casagrand Premier Builders is situated in Chennai (Tamil Nadu), India.
Published By
India IPO Editorial Team

The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.

Competitive Strengths

1

Market leader in Chennai with end-to-end in-house project execution.

IPO DRHP StatusCONFIDENTIAL
Sr.noDescriptionDateFile
1Filed with SEBI/Exchange29/12/2025View DRHP
2SEBI/Exchange approval received--

Casagrand Premier Builder IPO Timeline

IPO Open Date[.]
IPO Close Date[.]
Tentative Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat[.]
Tentative Listing Date[.]
Cut-off time for UPI mandate confirmation-

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Individual investors (Retail) (Min)1[.]₹14,000 - ₹15,000
Individual investors (Retail) (Max)13-14[.]Up to ₹2,00,000
S-HNI (Min)14-15[.]Over ₹2,00,000
S-HNI (Max)66-70[.]Up to ₹10,00,000
B-HNI (Min)71+[.]Over ₹10,00,000
Casagrand Premier Builder IPO: ₹2,100 Cr Issue, GMP & Review