Omaxe shines as its arm raises Rs 431 crore via NCDs
Omaxe is currently trading at Rs. 100.20, up by 6.30 points or 6.71% from its previous closing of Rs. 93.90 on the BSE.
The scrip opened at Rs. 99.90 and has touched a high and low of Rs. 102.40 and Rs. 94.00 respectively. So far 67994 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.20 on 30-Jul-2024 and a 52 week low of Rs. 68.75 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 107.70 and Rs. 93.65 respectively. The current market cap of the company is Rs. 1820.77 crore.
The promoters holding in the company stood at 74.14%, while Institutions and Non-Institutions held 8.92% and 16.94% respectively.
Omaxe’s wholly owned subsidiary -- M/s Omaxe New Chandigarh Developers has successfully raised Rs 431 crore by issuance and allotment of 43,100 Unlisted, Senior, Secured, Redeemable Non-Convertible Debentures (NCDs) of face value Rs 1 lakh each through private placement.
Omaxe is one of India’s leading and trusted real estate companies. The company is into the business of developing real estate properties for residential, commercial and retail purposes.
