Praxis Home Retail Limited Right Issue

₹49.19 Cr BSE, NSE 6 Jun 2023 – 14 Jun 2023

Closed Ratio: 13 : 20 BSE, NSE
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Issue Price
₹10.00
Face Value
₹5.00
Issue Size (Shares)
49,185,572
Issue Size (₹ Cr.)
₹49.19
📅 Right Issue Timetable
Last Date to Buy SharesMon, May 29, 2023
Record DateTue, May 30, 2023
Credit of Rights Entitlements
Bid/Offer Opens OnTue, Jun 6, 2023
Issue Open DateTue, Jun 6, 2023
Renunciation Last DateFri, Jun 9, 2023
Bid/Offer Closes OnWed, Jun 14, 2023
Issue Close DateWed, Jun 14, 2023
Deemed Date of AllotmentWed, Jun 21, 2023
Credit DateMon, Jun 26, 2023
Listing DateFri, Jun 30, 2023
📋 Right Issue Details
Issue Size (Shares)49,185,572
Issue Size (Amount)₹49.19 Cr.
Issue Price₹10.00 per share
Face Value₹5.00 per share
Entitlement Ratio13 : 20
Listing AtBSE, NSE
Terms of PaymentThe full amount of the Issue Price being ₹ 10 will be payable on application.
📊 Company Financials (Restated)
Period Ended2023-03-312022-03-312021-03-31
Income395.42481.04378.68
EBITDA
Net Worth-17.95
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 2007, Praxis Home Retail Limited operates brick-and-mortar home furniture and home fashion stores under the brand name HomeTown and caters to the home retail segment in India.

The company offers office and home furniture, home furnishing goods, kitchenware, other home-related accessories such as clocks, wall hangings, and décor, and complete home design services.

As on March 31, 2023, HomeTown has a pan-India presence with 43 stores, across 28 cities in India.
📞 Company Contact
CompanyPraxis Home Retail Limited
AddressiThink Techno Campus,
Jolly Board Tower D,
Ground Floor, Kanjurmarg (East), Mumbai 400 042
Mumbai, Maharashtra, 400042
Phone+91 22 6882 4900
Emailinvestorrelations@praxisretail.in
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd.
Phone022-49186000
Emailpraxis.rights@linkintime.co.in
WebsiteVisit ↗