243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Casagrand Premier Builder Limited

Chennai

Date of DRHP : 19 Sep 2024

Issue Type : Book Building Process

IPO Type :
MainBoard IPO

Casagrand Premier Basic Details

   Real Estate - Residential and Commercial

Sub Sector: developer in the residential sector

About the Company

Casagrand Premier Builder is the largest developer in the residential sector and are a well-known residential brand in Chennai (Tamil Nadu) with a market share of approximately 24% in terms of launches and approximately 20% in terms of demand during the period January 1, 2017 to March 31, 2024. The real estate market is influenced by several factors including location, product type and price range. Therefore, Casagrand Premier Builder focus to have a presence in each micro-market, offering a wide range of product types and price points to cater to the diverse needs and preferences of customers. their Company was incorporated in 2003 and since then, Casagrand Premier Builder have extended and established their presence in the majority of micro markets in Chennai (Tamil Nadu), offering a variety of projects, including apartments of varying sizes and independent villas with lifestyle amenities under luxury, mid-end and affordable categories, all under their Casagrand brand with a focus on the mid-end category. Casagrand Premier Builder also operate in other cities in South India such as Bengaluru (Karnataka), Hyderabad (Telangana) and Coimbatore (Tamil Nadu). As of May 31, 2024, Casagrand Premier Builder had 101 Completed Projects with a Saleable Area of 21.45 million square feet, 42 Ongoing Projects with a Saleable Area of 33.60 million square feet and 17 Forthcoming Projects with an Estimated Saleable Area of 13.15 million square feet. In Fiscal 2024, 2023 and 2022, Casagrand Premier Builder realised pre-sales volumes (i.e., Saleable Area or units sold during the year for which the booking amount has been received) of 7.24 million square feet of Saleable Area or 4,872 units, 5.60 million square feet of Saleable Area or 3,966 units, and 4.12 million square feet of Saleable Area or 2,817 units, respectively.

Financial Summary (Annualised Basis)

Revenue :
2669.75 Cr.

PAT :
256.94 Cr.

Casagrand Premier IPO Registrar

KFin Technologies Limited

Casagrand Premier DRHP Details

Objects of 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 their wholly owned Subsidiaries namely CG Magick, CG Civil Engineering, CG Garden City, CG Milestone, CG Grace, CG Horizons, CG Smart Value Homes, CG Bizpark, CG Everta, CG Hyderwise, CG Lotus, CG Zingo, and wholly owned step-down Subsidiaries namely CG Anchor and Danub Homes, through investment in such wholly owned Subsidiaries/ step-down Subsidiaries
  • General Corporate Purposes.

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FAQs

Casagrand Premier Builder operates in Real Estate - Residential and Commercial and developer in the residential sector. The Issue would be listed on MainBoard. The registrar of the Issue is KFin Technologies Limited. The IPO type of Casagrand Premier Builder is Book Building Process and Object of issue is

  • . 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 their wholly owned Subsidiaries namely CG Magick, CG Civil Engineering, CG Garden City, CG Milestone, CG Grace, CG Horizons, CG Smart Value Homes, CG Bizpark, CG Everta, CG Hyderwise, CG Lotus, CG Zingo, and wholly owned step-down Subsidiaries namely CG Anchor and Danub Homes, through investment in such wholly owned Subsidiaries/ step-down Subsidiaries
  • General Corporate Purposes.

The DRHP (Draft Red Herring Prospectus) of Casagrand Premier Builder IPO was filed on 19 Sep 2024.

No, Casagrand Premier Builder IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Casagrand Premier Builder are not available now. You can apply in Casagrand Premier Builder IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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