Anarock Property Consultants files for Rs.1,000-Cr IPO

Mumbai-based Anarock Property Consultants has filed draft papers for an initial public offering (IPO) of INR 1,000 crore. The transaction consists of a fresh issue of shares aggregating up to INR 550 crore and an offer for sale (OFS) of INR 450 crore by promoters, including Peter Properties and Khushi Trust.Several investors are selling shares in the OFS, including 360 ONE, Om Sai Trust, Coralred Consultants and Traders, and Anuj A. Kejriwal. The company is considering a pre-IPO placement of INR 110 crore.ICICI Securities, IIFL Capital Services, and 360 ONE WAM are the book-running lead managers for the issue.Incorporated in 2011, Anarock is a real estate advisory and services firm. The company plans to use the proceeds from the fresh issue to invest in artificial intelligence and technology for its business lines, including transaction advisory. Additionally, it intends to allocate funds for talent augmentation to deepen client engagement, support the DSP acquisition, and pursue strategic acquisitions.The firm recorded revenue from operations of INR 881.8 Cr and a net profit of INR 93 Cr during the fiscal year 2026.