Praxis Home Retail Limited Right Issue

₹49.58 Cr BSE, NSE 7 Aug 2025 – 18 Aug 2025

Closed Ratio: 11 : 30 BSE, NSE
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Issue Price
₹10.00
Face Value
₹5.00
Issue Size (Shares)
49,580,000
Issue Size (₹ Cr.)
₹49.58
📅 Right Issue Timetable
Last Date to Buy SharesWed, Mar 19, 2025
Record DateThu, Mar 20, 2025
Credit of Rights Entitlements
Bid/Offer Opens OnThu, Aug 7, 2025
Issue Open DateThu, Aug 7, 2025
Renunciation Last DateTue, Aug 12, 2025
Bid/Offer Closes OnMon, Aug 18, 2025
Issue Close DateMon, Aug 18, 2025
Deemed Date of AllotmentTue, Aug 26, 2025
Credit DateMon, Sep 1, 2025
Listing DateFri, Sep 5, 2025
📋 Right Issue Details
Issue Size (Shares)49,580,000
Issue Size (Amount)₹49.58 Cr.
Issue Price₹10.00 per share
Face Value₹5.00 per share
Entitlement Ratio11 : 30
Listing AtBSE, NSE
Terms of PaymentFull amount of the Issue Price will be payable on application
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-31FY I
Income158.12225.94
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1To reduce the current liabilities by repaying part of the Borrowings.
2To reduce the current liabilities by repaying part of the outstanding trade payables.
3General corporate purposes. Ri
🏢 About the Company
Incorporated in 2007, Praxis Home Retail Limited, operating under the brand name HomeTown, is a home retail company in India offering furniture, homeware, décor, and furnishings.

The company offers a wide range of office and home furniture, home furnishings, kitchenware, accessories, and services like home design and modular kitchens, providing customers with an excellent in-store experience.

The company also offers a variety of accessories, including clocks, wall hangings, and décor, making it a complete one-stop shop for all home needs.

As of June 30, 2025, the company has a pan-India presence with 16 stores across 14 cities in India.

The company operates an online portal, www.hometown.in, and is present on major e-commerce platforms, selling a wide range of furniture, furnishings, décor, tableware, and kitchenware.
📞 Company Contact
CompanyPraxis Home Retail Limited
Address2nd Floor, Knowledge House,
Shyam Nagar Off Jogeshwari-Vikhroli Link Road,
Near Talav, Jogeshwari East, Mumbai,
Jogeshwari, Maharashtra, 400060
Phone91224959250
Emailinvestorrelations@praxisretail.in
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailpraxis.rights2024@linkintime.co.in
WebsiteVisit ↗