Casagrand Premier Builder Limited IPO

A majority of our real estate development activities are geographically concentrated in Chennai, Tamil Nadu (representing 82.65%, 75.10% and 56.61% of the total Saleable Area of Completed Projects, Ongoing Projects and Forthcoming Projects, respectively as of June 30, 2025). Varying market conditions in Chennai, Tamil Nadu may affect our ability to ensure sale of our projects and the pricing of units in such projects, which may adversely affect our business, results of operations and financial condition.

We had 57 Ongoing Projects and 21 Forthcoming Projects as of June 30, 2025. Our inability to complete such projects by their respective expected completion dates or at all may result in imposition of penalties by statutory authorities or payment of compensation to customers which in turn could have an adverse effect on our business, cash flows, reputation, results of operations, financial condition and profitability.

Our residential projects primarily cater to mid-end category of customers which accounted for 83.89%, 84.51%, 92.19% and 77.71% of our revenue from contract with customers in three months ended June 30, 2025, and Fiscal 2025, 2024 and 2023, respectively. Our inability to anticipate and address consumer preferences in the various categories, specifically in the mid-end category, may adversely affect our business, cash flows, results of operations and financial condition.

We may be liable to pay a prepayment penalty of typically 2.00% in each of the proposed loans that we intend to repay / prepay, in full or in part, as part of the Objects of the Offer.

Our business is capital intensive and is therefore dependent on the availability of real estate financing, which may not be available on terms acceptable to us in a timely manner or at all. Our inability to service our debt obligations, decline in our credit ratings or an increase in the cost at which we incur such debt could have an adverse effect on our business, results of operations and cash flows.

There are certain outstanding litigation proceedings involving our Company, Subsidiaries, Promoter and Directors, an adverse outcome in which, may have an adverse impact on our reputation, business, financial condition, results of operations and cash flows.

Significant increases in prices or shortage of or delay or disruption in supply of construction materials could adversely affect our construction cost and timelines.

Post the filing of our previous draft red herring prospectus, certain complaints have been made against our Company, our Individual Promoter and certain of our Subsidiaries by certain parties to, inter alia, SEBI, and the book running lead manager to the previous offer, as applicable. Such complaints may adversely affect our reputation, business and would require us to incur expenditure in defending such legal claims. There is no assurance that there will not be further complaints against our Company and our Subsidiaries which might divert the time, attention and resources of our management.

Our inability to identify and acquire land or development rights or shortage of land or a significant increase in cost of land in the regions in which we operate, may affect our business and growth prospects. Further, we may not be able to identify risks and liabilities associated with the land which we may acquire in the future, which may adversely impact our business prospects and financial performance.

There have been certain observations of our Company and our Subsidiaries' statutory auditors under the Companies (Auditor's Report) Order, 2020, for the years ended March 31, 2023, March 31, 2024 and March 31, 2025.