Casagrand Premier Builder, one of the prominent real-estate firms, has obtained SEBI’s approval to float its Initial Public Offering (IPO).
The firm submitted its DRHP in December 2025 with an aim to raise ₹1220 crore via an IPO, for which the market regulator SEBI approved on June 8, 2026.
According to the Draft papers, Casagrand Premier Builder is planning to raise ₹1200 crore via a fresh issue and the remaining ₹20 crore via an Offer-for-sale component by promoters Arun MN and Casagrand Luxor Private Limited.
They may also consider raising ₹240 crore via an pre-IPO placement. If successful, ₹240 crore will be reduced from the fresh issue.
The company is looking to use the proceeds of ₹900 crore towards debt repayment of the company and its subsidiaries. While the remaining funds will be used for general corporate purposes.
Founded in 2003, Casagrand Premier Builder is one of the leading real estate companies in Chennai (Tamil Nadu) that offers a diverse range of projects, including apartments of varying sizes and independent villas with lifestyle amenities under luxury, mid-end, and affordable categories. Moreover, as of September 2025, the company and its subsidiaries have outstanding borrowings of ₹4,913.5 crore.
The appointed Merchant Bankers to the issue are Motilal Oswal Investment Advisors and DAM Capital Advisors. While the IPO registrar for the issue is KFin Technologies Limited.
Casagrand Premier Builder IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Casagrand Premier Builder Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax |
| 2023 | ₹2,513.69 | ₹2,200.46 | ₹226.12 |
| 2024 | ₹2,669.75 | ₹2,327.91 | ₹256.95 |
| 2025 | ₹2,775.60 | ₹2,459.93 | ₹234.52 |
| June 2025 | ₹192.94 | ₹237.88 | ₹32.51 |
Casagrand Premier Builder IPO Valuation – FY2025
Casagrand Premier Builder IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹13.43 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.61% |
| Net Asset Value (NAV): | ₹56.87 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Prestige Estates Projects Limited | 11.19 | 147.89 | 3.88% | 369.25 | 7349.40 Cr. |
| Sobha Limited | 9.28 | 154.49 | 2.08% | 426.40 | 4038.69 Cr. |
| Puravankara Limited | (7.59) | NA | (10.54%) | 73.20 | 2013.61 Cr. |
| Shriram Properties Limited | 4.53 | 18.65 | 5.70% | 79.60 | 823.44 Cr. |
| Keystone Realtors Limited | 13.85 | 39.00 | 6.76% | 220.95 | 2004.10 Cr. |
| Brigade Enterprises Limited | 28.74 | 30.85 | 11.50% | 242.06 | 5074.21 Cr. |
| Mahindra Lifespace Developers Limited | 3.95 | 101.42 | 3.24% | 122.27 | 372.27 Cr. |
Objects of the Issue
- Prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company;
- Prepayment or repayment, in full or part, of all or a portion of certain outstanding borrowings availed by the wholly owned Subsidiaries namely CG Magick, CG Civil Engineering, CG Fresh, CG Bizpark, CG Shelter, CG Lotus, CG Everta, CG Hyderwise, CG Zingo, and wholly owned step-down Subsidiaries namely CG Anchor and Danub Homes, through investment in such wholly owned Subsidiaries/ stepdown Subsidiaries; and
- General corporate purposes.
IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Limited
- DAM Capital Advisors Limited
