Learn about the company’s Draft Red Herring Prospectus filing, key financials, business model, and planned utilisation of funds.
Casagrand Premier Builder Limited has filed its Draft Red Herring Prospectus (DRHP) to raise capital through an initial public offering. The filing outlines the company’s financial position, project portfolio, expansion plans, and the structure of the proposed issue. This page presents an educational overview of the DRHP details, including key data points such as the issue size, offer structure, company background, financial highlights, and the stated objectives for raising funds. All information mentioned here reflects publicly available DRHP disclosures and news sources.
The DRHP provides details of the proposed issue and lays out the company’s financials, governance, and business outlook.
The company first submitted its DRHP on 19 September 2024, with a revision/update filed on 3 December 2025. The issue is planned to be listed on both the NSE and BSE once cleared for an IPO.
The DRHP outlines the following components of the proposed public issue:
| Particulars | Details |
|---|---|
| Total Issue Size |
~₹1,100 Crores |
| Fresh Issue Component |
₹1,000 Crores |
| Offer for Sale (OFS) |
₹100 Crores |
| Face Value |
₹10 per share |
| Proposed Listing |
NSE and BSE |
These figures reflect estimates and proposed values mentioned in public filings and reporting.
Casagrand Premier Builder Limited is a Chennai-based real estate developer with a growing presence across key southern cities. The company focuses on residential and commercial development and has expanded operations across Bengaluru, Hyderabad, and Coimbatore.
The organisation follows an integrated development model covering:
Land acquisition
Design and planning
Construction
Project marketing and sales
As of May 2024:
Completed Projects: 81
Ongoing Projects: 29
Upcoming Projects: 13
The company’s promoter and Chairman & Managing Director is Arun MN.
The DRHP outlines the intended use of proceeds from the fresh issue:
Repayment or prepayment of outstanding borrowings
Funding general corporate purposes
These objectives reflect areas the company aims to strengthen through capital raised during the IPO process.
The DRHP provides insight into the company’s financial trajectory and operational performance.
| Financial Metric | FY23 | FY24 |
|---|---|---|
| Revenue from Operations |
₹2,513.69 |
₹2,669.75 |
| Net Profit (PAT) |
₹226.12 |
₹256.95 |
| Net Worth |
— |
₹699.80 (FY24) |
| Total Borrowings |
— |
₹3,633.65 (FY24) |
| EBITDA Margin |
— |
31.13% (FY24) |
| PAT Margin |
— |
9.83% (FY24) |
These figures highlight year-on-year growth in revenue and profit.
The DRHP lists the following entities involved in the public issue process:
Book Running Lead Managers (BRLMs):
– JM Financial Limited
– Motilal Oswal Investment Advisors Limited
Registrar: KFin Technologies Limited
Legal Counsel to BRLMs: Khaitan & Co
These intermediaries support regulatory, financial, and procedural aspects of the IPO filing process.
| Milestone / Stage | Date (or Status) | Details |
|---|---|---|
| DRHP filed with Securities and Exchange Board of India (SEBI) |
19th September 2024 |
Filed draft red herring prospectus for ₹1,100 cr IPO |
| SEBI approval for the IPO |
31st December 2024 |
The IPO has received regulatory approval, clearing the way for public issue |
| Updated DRHP filed with SEBI |
3rd December 2025 |
Addendum/updated DRHP filed with additional disclosures |
| IPO Opening Date |
Not yet announced |
Final dates awaited from company / merchant bankers |
| IPO Closing Date |
To be announced |
Closing date will be declared in public RHP |
| Listing on BSE/NSE (tentative) |
To be announced |
Expected after allotment and listing formalities |
Note: Investors should refer to official filings for final IPO dates to learn more about Casagrand Premier Builder Limited IPO listing details and price, and listing timelines.
Keep yourself updated : Check Upcoming IPO
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Livemint — Upcoming IPO: Casagrand Premier Builder files DRHP to raise ₹1,100 crore
https://www.livemint.com/market/ipo/upcoming-ipo-casagrand-premier-builder-files-drhp-to-raise-1100-crore-check-details-11727081934754.html
Economic Times — Casagrand Premier Builder files DRHP for Rs 1100 crore IPO https://m.economictimes.com/markets/ipos/fpos/casagrand-premier-builder-files-drhp-for-rs-1100-crore-ipo/articleshow/113595644.cms
SEBI — Casagrand Premier Builder Limited
https://www.sebi.gov.in/filings/public-issues/sep-2024/casagrand-premier-builder-limited_86912.html
RP Realty Plus — Casagrand Premier Builder Limited Files DRHP For Rs 1,100 Cr IPO https://www.rprealtyplus.com/news-views/casagrand-premier-builder-limited-files-drhp-for-rs-1100-cr-ipo-116865.html
Bigul — Casagrand Premier Builder IPO: Key Insights of Prospectus
https://bigul.co/blog/ipo/casagrand-premier-builder-ipo-key-insights-of-prospectus
Casagrand Premier Builder Limited filed its Draft Red Herring Prospectus on 19 September 2024, followed by an updated submission on 3 December 2025. These filings outline the company’s proposed public issue, financial details, and strategic objectives for the listing process.
The DRHP specifies a total issue size of around ₹1,100 crores, which includes both a fresh issue of shares and an offer for sale. This combined structure is designed to raise new capital while enabling existing shareholders to partially divest their holdings.
The fresh issue component amounts to ₹1,000 crores, intended to strengthen the company’s balance sheet, while the offer for sale represents ₹100 crores of shares sold by existing stakeholders. This mix allows the firm to secure new funds without excessive dilution.
According to the DRHP, the primary utilisation of funds includes repayment or prepayment of borrowings and general corporate purposes. This allocation aims to improve leverage, reduce interest costs, and support future business initiatives.
Once regulatory approvals are obtained, the company plans to list its equity shares on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), offering access to a broad investor base across India’s leading capital markets.
With a Postgraduate degree in Global Financial Markets from the Bombay Stock Exchange Institute, Nupur has over 8 years of experience in the financial markets, specializing in investments, stock market operations, and project management. She has contributed to process improvements, cross-functional initiatives & content development across investment products. She bridges investment strategy with execution, blending content insight, operational efficiency, and collaborative execution to deliver impactful outcomes.
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