Grand Housing Limited IPO: GMP today, Price, Review, Detail

Grand Housing Limited is a Chennai‑based real estate developer primarily engaged in acquiring land, building basic infrastructure, and selling plotted developments for residential and industrial use in Tamil Nadu, especially around the Chennai metropolitan region.
The company focuses on converting raw land into developable land with essential amenities and infrastructure prior to sale to end customers.

It has completed dozens of projects (with 39 completed, 13 ongoing) and holds a large land bank of ~1,908.52 acres.

Grand Housing Limited has filed DRHP with SEBI for IPO with an issue size of 3.55 crore equity shares consisting completely as Offer for Sale (OFS) & no Fresh Issue.

Subscription date to apply for the IPO is yet to be announced. Price band for the IPO is also pending to be declared.

Issue Size:3.55 Crore Equity Shares
Fresh Issue:₹ 00 Crore
Offer for Sale:3.55 Crore Equity Shares
Price Range:TBA
Lot Size:TBA

Grand Housing Limited important data points


Revenue, PAT, EBITDA

YearFiscal 2025
Networth₹ 247.3 Cr
Revenue:₹ 156.7 Cr
EBITDA₹ 104.8 Cr
PAT₹ 84.6 Cr
EBITDA Margin:~66.93%
PAT Margin~53.99%
Face Value:Rs. 05 per Equity Share

IPO important dates

Open Date:TBA
Close Date:TBA
Anchor Investor BiddingTBA
Allotment Date:TBA
Refunds & Demat CreditTBA
Tentative Listing Date:TBA

Use of Proceeds

PurposeAmount
Borrowing payment~ ₹ 00 Cr
Capacity Expansion~ ₹ 00 Cr
Technology & Infrastructure~ ₹ 00 Cr
Subsidiary Investment~ ₹ 00 Cr
Offer for Sale:3.55 Crore Equity Shares

Grand Housing Limited Financial Data

202320242025
Revenue (₹ Cr)₹ 94.6₹ 156.0₹ 156.7
Profit (₹ Cr)₹ 30.9₹ 58.4₹ 84.6
Asset (₹ Cr)₹ 273.9₹ 351.3₹ 442.8
Net Worth (₹ Cr)₹ 110.8₹ 171.9₹ 247.3

Grand Housing IPO Grey Market Premium

DateIPO PriceIPO GMPProfit per lot
25-Jan₹ –₹ –₹ –
24-Jan₹ –₹ –₹ –
23-Jan₹ –₹ –₹ –
22-Jan₹ –₹ –₹ –
21-Jan₹ –₹ –₹ –

Grand Housing Limited

Grand Housing Limited IPO Pros & Cons

Strengths:

Risks:

Grand Housing Limited Promoters – Pre offer equity (Approx)

Vijay Surana J~87.84%
Suyash Surana~7.64%

Grand Housing Limited Lot Size details

Application TypeLot SizeNo. of LotsNo. of SharesInvestment Amount
Retail(Min)1₹ –
Retail (Max)13₹ –
Small HNI (Min)14₹ –
Small HNI (Max)66₹ –
Big HNI (Min)67₹ –

Lead Managers / Registrars of Grand Housing Limited 

Lead / Book Running Lead ManagersSmart Horizon Capital, Advisors Private Limited
Registrar (RTA)Bigshare Services Private Limited

Founding Year of Grand Housing Limited & Managing Director

Grand Housing Limited was incorporated in the year 2004.

Mr. Jayanthilal Vijay Surana is Managing Director of the company.

Grand Housing Limited FAQ

  • It is an Indian real estate developer that acquires land, builds basic infrastructure, and sells plotted residential and industrial land primarily in Tamil Nadu, especially around Chennai.
  • IPO of Grand Housing is structured completely as an Offer for Sale where the promoter will sell existing shares for liquidity and enable public ownership.
  • The issue size is of the IPO is up to 3.55 crore equity shares. It will be listed on the BSE & NSE platform.
  • Potential risk for IPO include sector cyclicality in real estate, geographic concentration largely in Tamil Nadu, execution/delivery risks for projects, and valuation uncertainty because the company is unlisted now.
  • Potential upsides are the company’s large land bank (~1,908 acres) for future development, growing revenue/profit trends, and increased visibility and liquidity from a mainboard listing.
  • You can apply via your broker or trading platform using ASBA/UPI when the IPO subscription window opens.
  • Expected listing date is yet to be be announced.

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