DRA Homes readies for IPO as real estate pipeline builds; First Realty firm to rollout ESOP ahead of listing plans

November 22, 2025

DRA Homes is preparing for a public listing within three years, joining a trend of real estate firms tapping capital markets. The company has launched a ₹125 crore employee stock ownership program, granting 5% ownership to 325 employees. This move aims to strengthen governance and align stakeholders as DRA Homes targets expansion and a wider national presence.

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