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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Details

  • IPO Date
    [.]
  • Listing Date
    [.]
  • Face Value
    ₹5 per share
  • Price Band
  • Lot Size
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    BSE, NSE
  • Total Issue Size
    3,55,00,000 shares (agg. up to ₹[.] Cr)
  • Offer for Sale
    3,55,00,000 shares of ₹5 (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    31,92,00,000 shares
  • Share Holding Post Issue
    31,92,00,000 shares

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Mon, Sep 29, 2025
SEBI/Exchange approval received Mon, Apr 20, 2026

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Offer
Retail Shares Offered Not less than 35% of the Offer
NII Shares Offered Not less than 15% of the Offer

About Grand Housing Ltd.

Grand housing is a real estate developer based in Tamil Nadu, with a strong focus on plotted developments in and around Chennai. Its business involves acquiring land, building essential infrastructure such as roads, power, water, and sewage systems, and then converting it into plots for sale.

The company operates in two segments:

  1. Residential plots– Ranging from 600 sq. ft. to 2,400 sq. ft., priced between Rs 1,500 and Rs 5,000 per sq. ft., mainly sold to homeowners for building houses or villas. These plots are developed with amenities like paved roads, streetlights, walkways, avenue trees, fences, and CCTV.
  2. Industrial plots– Large parcels ranging from 2 to 9 acres, priced between Rs 5 million and Rs 30 million per acre, mainly sold to companies for factories, warehouses, and related facilities.

Chennai, being South India’s largest commercial and industrial hub, offers strong demand for both residential and industrial developments. Its projects are located in prime growth corridors, combining good connectivity, infrastructure, and investment potential. As of March 31, 2025, the company has successfully completed 39 projects, and working on 13 ongoing projects, and have 7 upcoming projects.

As of March 31, 2025, it had 64 permanent employees.

Competitive Strengths

  • Established and reputed developer in Tamil Nadu
  • Large land reserves and projects at strategic locations
  • Efficient project execution skills with a consumer centric design approach
  • Business model enabling healthy financial performance
  • Experienced promoters and management team

Company Financials (Restated Consolidated)

Grand Housing Ltd.’s revenue increased by 7% and profit after tax (PAT) rose by 31% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 442.83 351.26 273.94
Total Income 174.91 163.80 94.95
Profit After Tax 75.36 57.62 30.94
EBITDA 104.85 78.22 44.09
NET Worth 247.26 171.91 110.82
Reserves and Surplus 87.66 132.01 70.92
Total Borrowing 123.21 92.80 130.75
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Achieve the benefits of listing the Equity Shares on the Stock Exchanges

Key Performance Indicator (KPI)

KPI Mar 31, 2025
ROE 35.96%
ROCE 35.60%
Debt/Equity 0.50
RoNW 30.48%
PAT Margin 53.99%
EBITDA Margin 66.93%
Pre IPO Post IPO
Promoter Holding 100%
Vijay Surana J, Suyash Surana and Chavi Jain are the company promoters.

IPO Registrar

Bigshare Services Pvt.Ltd.

IPO Lead Manager(s)

  1. Smart Horizon Capital Advisors Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Grand Housing Ltd. Address
Metro Arcade, No. 233-235, 2nd Floor
2nd Avenue, Anna Nagar, Egmore
Nungambakkam,
Chennai, Tamil Nadu, 600040

IPO FAQs

Grand Housing IPO is a main-board IPO of 3,55,00,000 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Grand Housing IPO open and close dates are not available as of now.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Angel One customers can apply online in Grand Housing IPO using UPI as a payment gateway. Angel One customers can apply in Grand Housing IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Grand Housing IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Grand Housing IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Grand Housing IPO dates are not announced. Please check back again after some time.

Grand Housing IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Grand Housing IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Grand Housing IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Grand Housing IPO allotment status.

The Grand Housing IPO listing date is not yet announced. The tentative date of listing is .

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