Raymond Realty itemizing: Shares of Raymond Realty which bought demerged from Raymond Ltd. listed on the bourses right now. On the BSE, the scrip listed at a worth of Rs 1,005 apiece.
The corporate bought demerged from the mum or dad firm on Might 1 and the demerger came about within the ratio of 1:1, implying that shareholders having one share of Raymond Ltd. shall be eligible to get one share in Raymond Realty.
SBI Securities in its latest administration meet observe mentioned, “Assuming that Raymond Realty will record at FY26E EV/EBITDA a number of of 11-15x and can ship EBITDA progress within the vary of 0-20%
over FY25, the share worth of Raymond Realty is anticipated to record within the vary of Rs 897 to Rs 1,430.
The brokerage added that put up the inventory’s itemizing, road will intently monitor KPIs and monetary efficiency (pre-sales, embedded EBITDA margins, money inflows/ outflows, debt and so on.) of the corporate.
Highlights
Raymond Realty has a big land financial institution of 100 acres in Thane. 40 acres of land has already been developed, giving a income potential of Rs 9,000 crore. The remaining 60 acres will give an estimated income of Rs 16,000 crore.
The entire income potential of Thane land financial institution is Rs 25,000 crore
The corporate has signed 6 JDAs in prime areas of Mumbai like Bandra, Mahim, Sion, Wadala and the mixed Gross Growth Worth (GDV) is round Rs 14,000 crore.
Progress Drivers for Raymond Realty
- Internet debt anticipated to stay zero as a consequence of asset-light venture improvement technique
- Speedy restoration in Indian economic system after Covid boosted job market and disposable revenue.
- Infrastructure and metro connectivity in Mumbai-Thane are resulting in the emergence of recent suburban locations
- Redevelopment initiatives promote high-rise buildings and higher life-style
In regards to the Firm
Raymond Realty Ltd, included in Nov’19, is the true property vertical of Raymond Ltd. The corporate is amongst the highest 10 listed builders within the nation and high 5 listed builders within the MMR
(Mumbai Metropolitan Area). Its portfolio is focussed within the Aspirational to Premium phase. The corporate has been demerged from Raymond Ltd and can get individually listed on the inventory exchanges on 01st July, 2025. Document date for the demerger was 14th Might, 2025.