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.
Grand Housing IPO Size
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).
Grand Housing IPO Financial Performance
(Rs. in crores)
| 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%
Management
Registrar & Lead Managers
Registrar
Bigshare Services
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
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