Last Updated:July 01, 2025, 10:27 IST
Shares of Raymond Realty Ltd (RRL) debuted on the stock exchanges today, July 1; Key points for investors
Raymond Realty Listing
Raymond Realty Listing Price: Shares of Raymond Realty Ltd (RRL) listed on the stock market today, July 1, and hit the 5% upper circuit within minutes of debut.
On BSE, Raymond Realty shares opened at Rs 1,005 apiece, slightly lower than the discovered price of Rs 1,031.30 apiece. However, they soon jumped to the day’s high of Rs 1055.20, hitting their 5% upper price band.
Similarly, on the NSE, Raymond Realty shares’ listing price was Rs 1,000, which was a tad lower than their discovered price of Rs 1,039.30. But along similar lines as BSE, Raymond Realty stock hit the 5% upper circuit of Rs 1,050.
Ventura had placed a target price of Rs 1,383 apiece, nearly 38 percent higher than the current market price. “Given the substantial opportunities and growth prospects, the demerger of Raymond Realty will unlock significant value for shareholders by allowing the company to pursue sustainable growth with a focused, pure-play real estate strategy,” it said
Raymond Realty was demerged from its parent company, Raymond, on May 1, 2025, at a ratio of 1:1. This means that every Raymond shareholder as on the record date would receive one share of Raymond Realty for every share of Raymond they own.
The demerger was said to be part of Raymond Group’s plan, in its 100th year of existence, to transform into what Singhania referred to as ‘Raymond 2.0’ in a letter to shareholders. The demerger and creation of pure-play companies in apparel, real estate, and engineering services are part of the group’s strategy to increase shareholder value.
Earlier last year, Raymond Lifestyle was demerged and listed separately. Raymond and Raymond Lifestyle shares surged after the listing of Raymond Realty’s shares. Raymond shares jumped nearly 7 per cent in the morning, while Raymond Lifestyle was up nearly 1 per cent.
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Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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