Stories
Anarock Property Consultants Files for ₹1,000 Crore IPO to Fuel Expansion
- •Anarock Property Consultants has filed its draft red herring prospectus (DRHP) with SEBI for an IPO aiming to raise up to ₹1,000 crore.
- •The IPO includes a fresh issue of shares worth ₹550 crore and an offer-for-sale (OFS) of up to ₹450 crore by existing shareholders, including 360 ONE.
- •Proceeds will fund technology investments, including ₹120 crore for AI augmentation, and ₹89.5 crore for strengthening existing operations and talent.
- •Anarock plans to acquire the remaining equity share capital of its subsidiary DSP Design Associates for ₹148 crore.
- •The company reported a 53.4% year-on-year profit increase to ₹93.2 crore in FY26, with revenue rising 33.8% to ₹881.9 crore.
Key Questions Answered
Anarock Property Consultants has filed a draft red herring prospectus with SEBI to raise up to ₹1,000 crore through its initial public offering. This proposed offering consists of a fresh issue of shares worth ₹550 crore and an offer-for-sale of up to ₹450 crore by existing shareholders like 360 ONE.
Anarock plans to allocate part of the IPO proceeds toward technology investments and business expansion, including ₹120 crore for artificial intelligence augmentation and ₹89.5 crore to strengthen existing operations through talent. Additionally, ₹148 crore is earmarked to acquire the remaining equity share capital of subsidiary DSP Design Associates.
For FY26, Anarock reported a 53.4% year-on-year increase in profit, reaching ₹93.2 crore compared to ₹60.8 crore in the previous fiscal. Meanwhile, its revenue from operations rose by 33.8% to reach ₹881.9 crore.
