The Raymond Group, one of India’s well known and iconic brands in the lifestyle industry is now reshaping its corporate structure in a major way. After spinning off its fashion business last year, the company has now plans to demerge its real estate business as a standalone entity.
Let’s take a look at the four big things you need to know –
What is the demerger all about?
Raymond’s real estate arm, Raymond Realty Limited is no longer just a division under Raymond. It is now its own listed company. The move got a greenlight by the National Company Law Tribunal (NCLT) and made official on May 1, 2025.
This spin-off is part of the parent company’s broader plan to make its businesses more focused.
Almost in a similar way like the FMCG major ITC spun off its hotel division earlier this year, Raymond is also giving its real estate business the opportunity to grow with its own strategy, leadership, and capital allocation.
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For every share you own in Raymond, you will receive one share of Raymond Realty. That is a 1:1 allotment, with no additional payment or conditions attached.
The record date for this allotment is May 14.
Raymond Realty business
Raymond Realty has been making some moves in recent years. From developing luxury residential projects in Thane to signing high-profile joint development agreements across Mumbai including Bandra, Mahim, Sion, and Wadala, the company is playing big.
In FY24 alone, it posted revenues of Rs 15.9 billion with EBITDA of Rs 3.7 billion.
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Following the demerger, Raymond Realty is now headed for a fresh listing on both BSE and NSE. Once listed, it will trade as a completely standalone entity.
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