Big news from the Raymond Group! The company has decided to list its real estate business, Raymond Realty, on the stock exchanges in Q2 of FY26. Why? To unlock massive growth opportunities and let the real estate vertical shine as an independent player.
Raymond Ltd has already completed the demerger process, securing all necessary approvals. Group CFO Amit Agarwal shared the exciting update with analysts, stating, “We expect to list the real estate business in the second quarter of FY26.” This move will allow Raymond Realty to operate as a pure-play real estate firm, free to chase its own growth path.
Here’s the fun part: Mumbai-based Raymond Ltd isn’t new to real estate. The company sold properties worth Rs 2,310 crore last fiscal year, up from Rs 2,249 crore the year before. Clearly, they know their game.
For shareholders, here’s the deal. The demerger took effect on May 1, 2025, and the record date is May 14, 2025. Each Raymond Ltd shareholder will get one share of Raymond Realty Ltd for every share they hold. Talk about a sweet deal!
Raymond has been a fabric powerhouse since 1925 but has since expanded into engineering and real estate. After spinning off its lifestyle business in 2024, the company is now doing the same with real estate. And the numbers back the strategy. Net profit skyrocketed to Rs 7,635.62 crore last fiscal year, up from Rs 1,643.07 crore the previous year. Total income also jumped to Rs 2,105.24 crore from Rs 1,137.17 crore.
This listing could be a game-changer for Raymond Realty. Stay tuned for more updates as the stock debut approaches!