Grand Housing Limited
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Grand Housing Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of 3,55,00,000 Shares. The offering comprises a fresh issue component of TBD.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
Grand Housing is a real estate developer based in Tamil Nadu, mainly focused on plotted developments around Chennai. The company acquires land, develops basic infrastructure like roads, electricity, water, and sewage systems, and then sells the land as ready-to-use plots. It operates in two main segments: residential plots, typically sized between 600 to 2,400 sq. ft. and equipped with amenities like roads, streetlights, walkways, trees, fencing, and CCTV, and industrial plots, which are larger land parcels sold to businesses for factories and warehouses. With Chennai being a major commercial and industrial hub, the company benefits from strong demand and develops projects in well-connected, high-growth areas. As of March 31, 2025, Grand Housing has completed 39 projects, is working on 13 ongoing projects, and has 7 upcoming projects, with a team of 64 permanent employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Experienced Real Estate Player: Company ne real estate development ma ghana varsh nu experience che, je project execution ane planning ma madad kare che.
- Multiple Project Segments: Residential plots ane industrial development banne ma kaam kare che, je thi income sources diversify thay che.
- Growth Potential Business: Real estate demand sathe company ne expansion ane revenue growth ni opportunity male che.
- Debt-Driven Operations: Company borrowing par dependent hoy, je thi interest cost ane financial pressure vadhe che.
- Cyclical Industry Risk: Real estate sector economic slowdown ma direct impact ma aave che, je thi sales affect thai shake che.
- High Capital Requirement: Land purchase ane project development mate heavy investment joiye, je cash flow ne tight banavi shake che.
- Vijay Surana J
- Suyash Surana
- Chavi Jain
Grand Housing Limited
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