By News18
Raymond Realty Listing Price: Shares of Raymond Realty Ltd (RRL) are set to debut on the stock exchanges today, July 1, following its demerger from Raymond. As a focused real estate arm of the group, RRL鈥檚 independent listing marks a significant step in unlocking shareholder value and offers investors direct exposure to the company鈥檚 real estate business for the first time.
Raymond Realty was demerged from Raymond Ltd, effective May 1, 2025, under a 1:1 demerger ratio, meaning every shareholder of Raymond Ltd will receive one share of Raymond Realty. The Raymond Group will now operate through three focused verticals: lifestyle, real estate, and engineering.
Raymond Realty is expected to debut on the stock exchanges in the range of 鈧897 to 鈧1,430 per share, according to SBI Securities.
Ventura Securities, meanwhile, has pegged the listing price at Rs 1,383 apiece. In preparation for the listing, Raymond Realty has strengthened its leadership team by appointing Gautam Hari Singhania as Chairman and promoting Harmohan Sahni to Managing Director and CEO.
Addressing shareholders, Singhania introduced the 鈥淩aymond 2.0鈥 strategy鈥攁n ambitious transformation roadmap aimed at turning the legacy conglomerate into a modern, purpose-driven enterprise aligned with India鈥檚 evolving growth trajectory.
鈥淭his milestone, marked by the listing of Raymond Realty, underscores our commitment to delivering strong shareholder value and signals the beginning of our journey to build a global Indian powerhouse,鈥 Singhania said.
Commenting on the development, Kranthi Bathini, Director of Equity Strategy at WealthMills Securities, suggested that investors may consider buying Raymond Realty at current levels. However, he advised against initiating fresh positions in Raymond Ltd, recommending that existing shareholders simply hold their stakes.