Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Grand Housing Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on September 29, 2025 to raise funds through Initial Public Offer (IPO).
Grand Housing Ltd. IPO is a Book Build Issue consisting entirely of an offer for sale of upto 3.55 crore shares.
The equity shares are proposed to be listed on NSE and BSE. Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.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 Grand Housing IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 3,55,00,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 3,55,00,000 shares of ₹5 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 31,92,00,000 shares |
| Share Holding Post Issue | 31,92,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Grand housing is a real estate developer based in Tamil Nadu, with a strong focus on plotted developments in and around Chennai. Its business involves acquiring land, building essential infrastructure such as roads, power, water, and sewage systems, and then converting it into plots for sale.
The company operates in two segments:
Chennai, being South India’s largest commercial and industrial hub, offers strong demand for both residential and industrial developments. Its projects are located in prime growth corridors, combining good connectivity, infrastructure, and investment potential. As of March 31, 2025, the company has successfully completed 39 projects, and working on 13 ongoing projects, and have 7 upcoming projects.
As of March 31, 2025, it had 64 permanent employees.
Competitive Strengths
Grand Housing Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 31% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 442.83 | 351.26 | 273.94 |
| Total Income | 174.91 | 163.80 | 94.95 |
| Profit After Tax | 75.36 | 57.62 | 30.94 |
| EBITDA | 104.85 | 78.22 | 44.09 |
| NET Worth | 247.26 | 171.91 | 110.82 |
| Reserves and Surplus | 87.66 | 132.01 | 70.92 |
| Total Borrowing | 123.21 | 92.80 | 130.75 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 35.96% |
| ROCE | 35.60% |
| Debt/Equity | 0.50 |
| RoNW | 30.48% |
| PAT Margin | 53.99% |
| EBITDA Margin | 66.93% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Lead Manager Reports
Grand Housing IPO is a main-board IPO of 3,55,00,000 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Grand Housing IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Grand Housing IPO using UPI as a payment gateway. Zerodha customers can apply in Grand Housing IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Grand Housing IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Grand Housing IPO dates are not announced. Please check back again after some time.
Grand Housing IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Grand Housing 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 Grand Housing IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Grand Housing IPO allotment status.
The Grand Housing IPO listing date is not yet announced. The tentative date of listing is .
