Casagrand Premier Builder Limited is a leading Chennai-based real estate developer with a dominant 24% market share in its home city. The company specializes in a diverse residential portfolio ranging from affordable housing to luxury villas across South India, including Bengaluru, Hyderabad, and Coimbatore. As of 2024, it has completed over 100 projects covering 21.45 million square feet.
Casagrand dominates the Chennai market with a 24% market share in launches and 20% in demand. With a customer reach of over 40,000 happy families, they operate from 8+ major offices across India (Chennai, Bengaluru, Hyderabad, Mumbai, Delhi, Pune) and an international office in Dubai.
Casagrand Premier Builder Limited was incorporated on November 19, 2003 & is currently led by Mr. Arun Manivannan Namachivayam.
Casagrand Premier Builder Limited has filed DRHP with SEBI for a proposed IPO of ₹ 1,220 Crore consisting as Fresh Issue of ₹ 1,200 Crore & no Offer for Sale (OFS) of ₹ 20 Crore.
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: | ₹ 1,220 Crore |
| Fresh Issue: | ₹ 1,200 Crore |
| Offer for Sale: | ₹ 20 Crore |
| Price Range: | TBA |
| Lot Size: | TBA |
| GMP | Pending |
Casagrand Premier Builder Limited important data points
Revenue, PAT, EBITDA
| Year | Fiscal 2025 |
| Networth | ₹ 993.16 Cr |
| Revenue: | ₹ 2695.88 Cr |
| EBITDA | ₹ 818.32 Cr |
| PAT | ₹ 234.52 Cr |
| EBITDA Margin: | ~30.35% |
| PAT Margin | ~8.45% |
| Face Value: | ₹ 02 |
IPO important dates
| Open Date: | TBA |
| Close Date: | TBA |
| Anchor Investor Bidding | TBA |
| Allotment Date: | TBA |
| Refunds & Demat Credit | TBA |
| Tentative Listing Date: | TBA |
Use of Proceeds
| Purpose | Amount |
| Capital Expenditure | ~ ₹ 00 Cr |
| Working Capital Requirement | ~ ₹ 00 Cr |
| Borrowing prepayment/repayment | ~ ₹ 900 Cr |
| General Corporate Purpose |