Raymond Realty Set For Stock Market Debut By August After Demerger: Report

Previously, Raymond Chairman Gautam Singhania had indicated that the real estate arm would likely go public by August 2025. The current progress appears to align with that projection

Raymond Ltd is reportedly moving ahead with its plan to list its real estate division, Raymond Realty, on the stock exchanges during the second quarter of FY25, most likely in July. The company completed the demerger of its real estate vertical effective May 1, 2025.

“It has already been in the public domain that the realty business, Raymond Realty, will be listed separately in the markets around 45-60 days after the demerger. Raymond is already trading ex-realty, and the realty business is being planned to be listed in July or August,” a source familiar with the matter told Moneycontrol.

Shareholders To Receive 1:1 Stock Allocation

As part of the demerger process, existing shareholders of Raymond Ltd will receive one share of Raymond Realty for every share they hold in the parent company. This move is aimed at unlocking the true value of the company's business verticals and enhancing shareholder returns. The group had previously listed its apparel business following a similar strategy.

Gautam Singhania Reaffirms Timeline

In an earlier interview in December 2024, Raymond Chairman Gautam Singhania had indicated that the real estate arm would likely go public by August 2025. The current progress appears to align with that projection.

Business Outlook: Growth-Focused Strategy

Post-listing, Raymond Realty aims to achieve consistent financial performance, with projections of a 20 per cent compound annual growth rate (CAGR) in EBITDA and a 15 per cent annual rise in revenue. The company continues to focus on both development and redevelopment opportunities, claims the report.

Raymond Realty’s primary land asset, a 10 million square foot parcel in Thane, has seen about half its area already developed. The brand currently operates across residential segments under three distinct verticals. Additionally, the company is pursuing a redevelopment-led expansion, having signed agreements with six housing societies in Mumbai’s western suburbs, including Bandra.