Grand Housing Limited

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

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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.

Check DRHP
Check IPO Allotment
Visit Official Website
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:

  • Strong recent financial performance with significant revenue and profit growth.
  • Large land bank (~1,908 acres) supporting future development potential.
  • Focus on both residential and industrial land plots catering to diverse demand.
  • Retail participation quota (35%) may improve allotment chances for individual investors.

Risks:

  • The IPO is a 100% Offer for Sale (OFS), so the company receives no fresh capital for growth.
  • Operations are heavily concentrated in Tamil Nadu, limiting geographic diversification risk.
  • Real‑estate sector is cyclical and sensitive to interest rates and regulatory changes.
  • Delivery and execution risk is inherent in land development could affect returns.
  • Valuation and listing gains are uncertain, especially given OFS nature and market conditions.

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

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