 "IPOs, listing, Investors, Markets")
Chennai-based residential property major Casagrand said that the company is planning to go for an initial public offering by December 2022, the company’s managing director, Arun MN said on Thursday.
This comes on the heels of the company raising around Rs 1,200 crore from international investors including KKR and Apollo Global. The company is also planning to invest around Rs 5,000 crore in residential real estate development in the next one year, including Rs 3,000 crore in Chennai, Rs 1,250 crore in Bengaluru and Rs 750 crore in other markets. It has already raised Rs 400-500 crore from KKR for land
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