Raymond Realty Set to Debut on NSE, BSE: Key Details and Future Projects
Mumbai-based Raymond Realty, a prominent real estate firm, is set to list its shares on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on July 1. The company plans to launch six new residential projects in the Mumbai Metropolitan Region (MMR) this fiscal year, with an estimated revenue potential of ₹14,000 crore.
Raymond RealtyReal EstateNseBseDemergerReal EstateJun 23, 2025
Moreover, Raymond Realty has ambitious plans for this fiscal year. The company will launch six residential projects in the Mumbai Metropolitan Region (MMR) with an estimated revenue potential of about ₹14,000 crore. This strategic move is part of the company's growth trajectory as an independent pure-play real estate business.
Sahni highlighted that Raymond Realty has a substantial land bank in the MMR. “In 2019, we started our first project. In the last six years, we have built a significant presence at Thane and Mumbai in MMR,” he said. The total gross development value (GDV) of the company’s portfolio is currently around ₹40,000 crore, with ₹10,500 crore worth of projects already launched.
The remaining projects will be launched in the coming years, with the company focusing on quality and timely completion. Since its inception, Raymond Realty has completed two housing projects, and six are currently under construction. Sahni emphasized the company’s commitment to delivering high-quality projects on time.
Mumbai-based Raymond Realty, one of the leading real estate firms in the country, sold properties worth ₹2,314 crore last fiscal year, a slight increase from ₹2,268 crore in the preceding year. The company’s revenue also saw a significant rise, growing by 45% to ₹2,313 crore in 2024-25 from ₹1,593 crore in the previous year.
Looking ahead, Raymond Realty is exploring acquiring more land parcels in MMR under joint development agreements (JDAs) with landowners. The company also plans to enter the Pune residential market under the JDA model, further expanding its footprint in the real estate sector.
On the upcoming listing of Raymond Realty, the company stated that the demerger scheme became effective on May 1, 2025, with the record date set for May 14, 2025, to determine the eligible shareholders of the demerged company, Raymond Ltd. According to the scheme of arrangement, each shareholder of Raymond Ltd will receive one share of Raymond Realty Ltd for every share held in Raymond Ltd.
Raymond Group has been a pioneer and leader in fabric manufacturing since 1925, and it has since ventured into other sectors such as engineering and real estate. After demerging its lifestyle business into a separate listed entity in 2024, Raymond Ltd is now carving out the real estate vertical into a separate listed entity.
Explaining the rationale behind the demerger, Raymond Ltd stated that it seeks to reorganize the real estate business carried on by itself and through its subsidiaries. “To exploit the growth potential of the real estate business and attract a fresh set of investors/strategic partners to participate in the real estate business, it is proposed to consolidate the entire real estate business of the group under one single entity. Therefore, it is proposed to demerge the Real Estate Business Undertaking of Raymond Limited into Raymond Realty Limited, thereby unlocking the value of the real estate business of Raymond Limited as a whole,” the company said.
Frequently Asked Questions
When will Raymond Realty list its shares on NSE and BSE?
Raymond Realty will list its shares on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on July 1, 2025.
How many residential projects will Raymond Realty launch this fiscal year?
Raymond Realty plans to launch six residential projects in the Mumbai Metropolitan Region (MMR) this fiscal year.
What is the estimated revenue potential of the new projects?
The estimated revenue potential of the new projects is about ₹14,000 crore.
What is the total gross development value (GDV) of Raymond Realty's portfolio?
The total gross development value (GDV) of Raymond Realty's portfolio is around ₹40,000 crore.
Why is Raymond Ltd demerging its real estate business?
Raymond Ltd is demerging its real estate business to reorganize the real estate business, exploit its growth potential, and attract new investors and strategic partners.
Related News Articles
Bharat Agri Fert & Realty Unveils Ambitious Housing Project in Mumbai Metropolitan Region
Bharat Agri Fert & Realty Ltd has launched a new housing project in MMR, expecting revenue of Rs 800 crore. The project, Wembley-24, comprises 457 residential flats and has witnessed overwhelming response on its launch day.
The Evolution of Mumbai: From Chawls to Gated Towers
A recent study showed that Mumbai has witnessed a surge in home sales despite the soaring prices. This trend is likely to stay, but how is it impacting Mumbai's old chawl culture?
Kolkata Sees 16% Increase in Residential Sales and 7% Rise in Office Rentals in 2024
Kolkata's residential real estate market has witnessed a significant surge in sales, with a 16% year-on-year growth in 2024. Additionally, office rentals have seen a 7% increase, according to a recent report by Knight Frank.
People Are Leaving Florida: Top Reasons for the Real Estate Exodus
The Florida real estate market is experiencing a significant slowdown, as indicated by the Monthly Housing Report. Numerous factors are driving residents to sell their homes and move out of the state.
MO Alts Targets Full Deployment of Sixth Real Estate Fund, Expands Developer Portfolio
Motilal Oswal Alternates, the real estate investment arm based in Mumbai, is gearing up to fully deploy its sixth real estate fund while simultaneously adding new developers to its portfolio. The firm aims to achieve this over a 3-5 year period, focusing
Is Real Estate Still a Viable Investment for the Indian Middle Class?
The Indian real estate market has seen significant changes, making it less attractive for middle-class investors. This article explores the current state of the property market and why traditional investments might no longer be the best option.