Shares of Raymond ended the session on June 30 on a high, surging nearly 14% in the run-up to the listing of the company’s demerged unit, Raymond Realty.
Raymond’s realty business, Raymond Realty is set to list on the bourses on July 1. The anticipation of the imminent listing triggered a sharp spike in trading volumes in Raymond’s counter. As many as two crore shares of Raymond changed hands on the exchanges on June 30, a meteoric rise from the one-month daily traded average of two lakh shares.
The demerger of Raymond and its realty arm came into effect on May 1, 2025. The demerger was executed on a one-for-one ratio, meaning shareholders of Raymond will get one share of Raymond Realty upon its listing. Accordingly, the demerger will see the Raymond Group operating through three different verticals, namely, lifestyle, real estate and engineering.
Furthermore, analysts have also run calculations to estimate the possible listing price for Raymond Realty. While those at SBI Securities see the stock listing anywhere between Rs 897-1,430, those at Ventura Securities have pegged a much bullish listing price of Rs 1,383.
As Raymond Realty gears up for its stock market debut, Raymond Chairman and Managing Director Gautam Singhania has unveiled a new strategic vision for the group titled ‘Raymond 2.0’, signalling a shift towards becoming a focused, growth-driven enterprise.
In a communication to shareholders, which was also filed with the stock exchanges, Singhania highlighted that the recent restructuring efforts, including the listing of Raymond Realty and the earlier demerger of its lifestyle business marks a new phase in the company’s transformation journey.
Furthermore, analysts have also run calculations to estimate the possible listing price for Raymond Realty. While those at SBI Securities see the stock listing anywhere between Rs 897-1,430, those at Ventura Securities have pegged a much bullish listing price of Rs 1,383.
As Raymond Realty gears up for its stock market debut, Raymond Chairman and Managing Director Gautam Singhania has unveiled a new strategic vision for the group titled ‘Raymond 2.0’, signalling a shift towards becoming a focused, growth-driven enterprise.
In a communication to shareholders, which was also filed with the stock exchanges, Singhania highlighted that the recent restructuring efforts, including the listing of Raymond Realty and the earlier demerger of its lifestyle business marks a new phase in the company’s transformation journey.