Bookbuilding IPO | ₹1,220 Cr | Listing at BSE, NSE |
Casagrand Premier Builder Ltd. has refiled a Draft Red Herring Prospectus (DRHP) with SEBI on December 29, 2025 to raise funds through Initial Public Offer (IPO).
The initial submission on September 23, 2024 was , prompting the company to refile the documents.
Casagrand Premier Builder Ltd. IPO is a Book Build Issue of ₹1,220.00 crores consisting of a fresh issue of shares worth Rs ₹1,200.00 crores and an offer for sale (OFS) of ₹20.00 crores.
The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Casagrand Premier Builder IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹1,220 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹1,200 Cr) |
| Offer for Sale | [.] shares of ₹2 (agg. up to ₹20 Cr) |
| Share Holding Pre Issue | 17,46,50,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 23, 2024 |
| SEBI/Exchange approval received | Tue, Dec 31, 2024 |
| Offer document withdrawn | |
| Filed with SEBI/Exchange | Mon, Dec 29, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Offer |
| Retail Shares Offered | Not more than 10% of the Offer |
| NII Shares Offered | Not more than 15% of the Offer |
Incorporated in 2003, Casagrand Premier Builder Limited is the largest developer in the residential sector. The company has expanded its presence across major micro-markets in Chennai (Tamil Nadu).
The Company offers a wide range of residential projects, including apartments of different sizes and independent villas with lifestyle amenities. These projects fall under luxury, mid-end, and affordable categories, primarily focusing on the mid-end segment.
The company also operates in other South Indian cities, including Bengaluru (Karnataka), Hyderabad (Telangana), and Coimbatore (Tamil Nadu).
Project Portfolio
As of June 30, 2025, Casagrand has:
As of June 30, 2025, the company had a team of 964 employees engaged in sales which plays a crucial role in selling units of the projects.
Competitive Strengths:
Casagrand Premier Builder Ltd.'s revenue increased by 4% and profit after tax (PAT) dropped by 9% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 15,432.09 | 13,894.99 | 9,837.21 | 7,355.56 |
| Total Income | 192.94 | 2,775.60 | 2,669.75 | 2,513.69 |
| Profit After Tax | -32.51 | 234.52 | 256.95 | 226.12 |
| EBITDA | 74.00 | 818.32 | 641.80 | 813.71 |
| NET Worth | 965.89 | 993.17 | 699.80 | 444.36 |
| Reserves and Surplus | 930.96 | 958.24 | 439.37 | 664.87 |
| Total Borrowing | 4,472.17 | 4,472.17 | 3,633.65 | 2,450.21 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company. | 250.00 |
| 2 | Prepayment or repayment, in full or part, of all or a portion of certain outstanding borrowings availed by our wholly owned Subsidiaries namely CG Magick, CG Civil Engineering, CG Garden City, CG Milestone, CG Grace, CG Horizons, CG Smart Value Homes, CG Bizpark, CG Everta, CG Hyderwise, CG Lotus, CG Zingo, and wholly owned step-down Subsidiaries namely CG Anchor and Danub Homes, through investment in such wholly owned Subsidiaries/ step-down Subsidiaries. | 650.00 |
| 3 | General corporate purposes. |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 23.61% |
| ROCE | 6.97% |
| Debt/Equity | 4.26 |
| RoNW | 23.61% |
| PAT Margin | 8.45% |
| EBITDA Margin | 30.35% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Casagrand Premier Builder IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹1,220 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Casagrand Premier Builder IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Casagrand Premier Builder IPO using UPI as a payment gateway. Zerodha customers can apply in Casagrand Premier Builder IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Casagrand Premier Builder IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Casagrand Premier Builder IPO dates are not announced. Please check back again after some time.
Casagrand Premier Builder IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Casagrand Premier Builder IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Casagrand Premier Builder IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Casagrand Premier Builder IPO allotment status.
The Casagrand Premier Builder IPO listing date is not yet announced. The tentative date of listing is .
