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Sebi Approves Casagrand Premier Builder’s ₹1,220-Crore IPO

NEW DELHI: Casagrand Premier Builder, a prominent real estate developer, has received clearance from Sebi to raise ₹1,220 crore through an initial public offering (IPO), according to an update from the market regulator on Friday. The company submitted its draft documents to Sebi in December 2025 and received the regulator’s feedback for the IPO on June 8, 2026. In Sebi’s terminology, obtaining feedback is equated with gaining approval to launch a public offering. This Chennai-based developer’s inaugural public offering consists of a fresh issue of equity shares valued at ₹1,200 crore, alongside an offer for sale of up to ₹20…