Grand Housing Limited IPO

Grand Housing Limited IPO

Mainboard NSE & BSE 100% Book Built Offer

Price Band

Total Issue

₹0 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Business Overview

Grand Housing Limited is a real estate developer in India primarily focused on plotted developments in the State of Tamil Nadu, particularly in and around Chennai. The company acquires parcels of land, develops basic infrastructure including roads, power connections, sewage and water supply, and sells residential and industrial land plots to homeowners and enterprises. Residential plots typically range from 600 to 2,400 square feet and are priced between ₹1,500 and ₹5,000 per square foot, while industrial plots range from 2 to 9 acres priced at ₹5 million to ₹30 million per acre. Operations are strategically located across key growth corridors of Chennai, the second-largest state economy in India. As of March 31, 2025, the company had completed 39 projects, had 13 ongoing projects and 7 upcoming projects.

Objects of the Issue

The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).

₹Nil Cr

Grand Housing IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Grand Housing IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 156.66 156.00 94.61
PAT 84.59 58.42 30.93
Net Worth 247.26 171.91 110.82
Borrowings 123.21 92.80 130.75
Assets 442.83 351.26 273.94
NAV (₹) 7.75 5.39 3.47
EPS (₹) 2.36 1.81 0.97

Key Performance Indicators (KPIs)

EBITDA

66.93%

PAT

53.99%

ROE

35.96%

ROCE

35.60%

Debt to Equity

0.50

Promoter Holding

Promoter

99.99%

Public

0.01%

Vijay Surana 87.84%
Suyash Surana 7.64%
Grand Magnum Housing Pvt LTD 4.51%

Management

Vijay Surana J CMD
Suyash Surana WTD
Ramalingam Thiraviyam CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Grand Housing Limited

Address: Metro Arcade, No. 233-235, 2nd Floor, 2nd Avenue, Anna Nagar, Egmore, Nungambakkam, Chennai – 600040, Tamil Nadu, India

Number: +91 9047513838

Email: info@grandhousing.in

Website: www.grandhousing.in