Omaxe zooms as its arm gets RERA Registration Certificate for project in Uttar Pradesh
Omaxe is currently trading at Rs. 87.50, up by 4.71 points or 5.69% from its previous closing of Rs. 82.79 on the BSE.
The scrip opened at Rs. 80.20 and has touched a high and low of Rs. 88.85 and Rs. 80.00 respectively. So far 11057 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 113.51 on 18-Jun-2025 and a 52 week low of Rs. 62.85 on 09-Dec-2025.
Last one week high and low of the scrip stood at Rs. 88.85 and Rs. 73.95 respectively. The current market cap of the company is Rs. 1600.38 crore.
The promoters holding in the company stood at 74.14%, while Institutions and Non-Institutions held 7.74% and 18.12% respectively.
Omaxe’s wholly-owned subsidiary -- Omaxe Garv Buildtech has received RERA Registration Certificate for one of its projects i.e, Commercial -3 Block-3 situated at Sarojini Nagar, Lucknow, Uttar Pradesh.
RERA registration certifies compliance with regulations, enhances credibility, ensures timely delivery, and fosters trust with buyers by guaranteeing transparency and legal protection. This approval enables Wholly Owned Subsidiary to sale, transfer, or advertise the Project. It will ultimately strengthen the brand value and positively impact the consolidated financial performance of the company. The RERA Registration certificate for the said project is valid till December 17, 2030, unless extended by the concerned Authority.
