25 Dec 2025 | 5 Mins Read
Casagrand refiles draft papers for Rs 1,220-crore IPO
Flipitmoney
Casagrand Premier Builder has refiled its Draft Red Herring Prospectus with a revised IPO size of Rs 1,220 crore, up from Rs 1,100 crore earlier, to reduce debt. Fresh issue proceeds of Rs 1,200 crore will be used, and Rs 20 crore from promoters' share sale. The company intends to repay Rs 900 crore of debt and utilise remaining funds for general purposes.