Casagrand Premier Builder Ltd. has refiled its DRHP with SEBI to raise ?1,220 crore through a Book Building IPO comprising a fresh issue aggregating up to ?1,200 crore and an offer for sale of up to ?20 crore. The equity shares are proposed to be listed on BSE and NSE. The proceeds will primarily be used for repayment of borrowings at the company and subsidiary levels and for general corporate purposes. Key IPO details such as price band, lot size and dates are yet to be announced.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 10% | -- |
Largest residential real estate developer in Chennai with strong brand recall
Diversified project portfolio across luxury
mid-end and affordable housing
Large-scale operations with extensive completed
ongoing and upcoming projects
End-to-end in-house execution ensuring better cost control and timely delivery
Experienced promoter and senior management team with a long operating track record
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹2 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Casagrand Premier Builder ipo has been designed to ensure broad participation while maintaining optimal price discovery.
5th Floor N P L Devi New No -111 Old No 59 Chennai
| Book Running Lead Manager(s) |
|---|