Q1. What is the business of Casagrand Premier Builder Limited?

It is a leading real estate firm developing residential apartments, luxury villas, and plots.

Q2. Why is the company raising funds via IPO?

Casagrand Premier is raising funds via IPO to repay existing debt and provide capital for general corporate growth purposes.

Q3. What is the size of the issue and where will it list?

The issue size of the IPO is ₹1,220 crore, and it will list on BSE and NSE platform.

Q4. What are the key risks to an investor?

Key risks include high geographic concentration in Chennai, project execution delays, and significant outstanding debt.

Q5. What are the potential upsides?

Potential upsides include strong Chennai market dominance, diversified residential portfolios, and significant debt reduction post-IPO.

Q6. How to apply for the IPO?

Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.

Casagrand Premier Builder Limited

Upcoming

Casagrand Premier Builder Limited

Market Cap

—

IPO Issue Size

₹ 1,220 Crore.

Expected Price by IPOCorner

—

IPO Score

*Score varies on actual price

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. To fuel further expansion and debt reduction, Casagrand has filed for an IPO worth approximately ₹ 1,220 Crore. The issue features a fresh issue of ₹1,200 Crore and an Offer for Sale (OFS) of up to ₹ 20 Crore by promoters. Managed by JM Financial and Motilal Oswal, the IPO aims to strengthen the brand’s presence in high-growth South Indian micro-markets.

Casagrand Premier Builder Limited was incorporated on November 19, 2003.The company is currently led by Arun Manivannan Namachivayam .

Casagrand Premier Builder Limited primarily offers a diverse residential portfolio including luxury apartments, boutique residences, and independent villas. Their offerings span affordable, mid-range, and premium segments. Additionally, the group has diversified into commercial office spaces, warehousing, and industrial real estate, alongside integrated facility management and independent home-building solutions.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.

Subscription date to apply for Casagrand Premier Builder Limited is yet to be announced. Price band for the IPO is yet to be declared.

Year	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	Rs.02 per Equity Share

IPO Important Dates

#	Date
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
Borrowing payment	~ ₹ 900 Cr
-	-
-	-
-	-
-	-
General Corporate Purpose	Balance

Financial Data

#	2023	2024	2025
Revenue (₹ Cr)	₹ 2,492	₹ 2,614	₹ 2,696
PAT (₹ Cr)	₹ 226	₹ 257	₹ 235
Asset (₹ Cr)	₹ 7,356	₹ 9,837	₹ 13,895
Net Worth (₹ Cr)	₹ 444	₹ 700	₹ 993

IPO Grey Market Premium

Date	IPO Price	IPO GMP	Profit Per Lot
23-Aug	₹ –	₹ –	₹ –
22-Aug	₹ –	₹ –	₹ –
21-Aug	₹ –	₹ –	₹ –
20-Aug	₹ –	₹ –	₹ –
19-Aug	₹ –	₹ –	₹ –

Pros

Dominant market leadership in Chennai with over twenty years of established reputation.
Strong integrated in-house execution capabilities ensure better control over project quality standards
Robust project pipeline with significant upcoming residential launches across major South Indian cities.
Healthy sales momentum and consistent growth in operating income over recent years.
Comfortable operating efficiency driven by strong customer advances for various ongoing projects.

Cons

High geographic concentration risk as operations are heavily centered in the Chennai region.
Frequent customer complaints regarding significant project delays and poor post-sales service support.
Elevated debt levels primarily due to aggressive land acquisitions and upcoming project funding.
Significant execution risk remains for large-scale projects currently in early construction stages.
Vulnerability to real estate sector cyclicality and potential shifts in buyer interest rates.

Promoters – Pre offer equity (Approx)

Promoters	% Shares
Arun MN	~49.99 %
Casagrand Luxor Pvt Ltd.	~50 %
-	-
-	-
-	-
-	-

Lot Size details

Application Type	Lot Size	No. of Lot	No. of Shares	Investment Amount
Retail (Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
HNI (Min)	–	14	–	₹ –
HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Key Performance Index (KPI)

ROE	00
ROCE	00
RoNW	00

Lead / Book Running Lead Managers

Motilal Oswal Investment Advisors Limited,DAM Capital Advisors Limited

Registrar (RTA)

KFin Technologies Limited

Q1. What is the business of Casagrand Premier Builder Limited?
It is a leading real estate firm developing residential apartments, luxury villas, and plots.
Q2. Why is the company raising funds via IPO?
Casagrand Premier is raising funds via IPO to repay existing debt and provide capital for general corporate growth purposes.
Q3. What is the size of the issue and where will it list?
The issue size of the IPO is ₹1,220 crore, and it will list on BSE and NSE platform.
Q4. What are the key risks to an investor?
Key risks include high geographic concentration in Chennai, project execution delays, and significant outstanding debt.
Q5. What are the potential upsides?
Potential upsides include strong Chennai market dominance, diversified residential portfolios, and significant debt reduction post-IPO.
Q6. How to apply for the IPO?
Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.