Omaxe Limited Expands Real Estate Portfolio with Strategic Acquisitions
Omaxe Limited is acquiring 100% equity shareholding in Next10 Realbuild Private Limited and Next10 Land Developers Private Limited for Rs. 1,01,000 and Rs. 1,01,300 respectively. Both target companies, incorporated in July 2021, are engaged in real estate business with no reported turnover in the last three years. The acquisition is a related party transaction, with 99% of both companies' shares held by Omaxe's Non-Executive Chairman. The transactions are expected to be completed by November 19, 2025, and are part of Omaxe's plans for future growth in the real estate sector.

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Omaxe Limited , a prominent player in the Indian real estate sector, has announced a significant move to strengthen its market position. The company has agreed to acquire 100% equity shareholding in two real estate firms, Next10 Realbuild Private Limited and Next10 Land Developers Private Limited, transforming them into wholly owned subsidiaries.
Transaction Details
The acquisitions involve the purchase of 10,000 equity shares from each company, with the following specifics:
| Company Name | Price per Share | Total Acquisition Cost |
|---|---|---|
| Next10 Realbuild Private Limited | Rs. 10.10 | Rs. 1,01,000 |
| Next10 Land Developers Private Limited | Rs. 10.13 | Rs. 1,01,300 |
About the Acquired Companies
Both target companies, incorporated in July 2021, are engaged in the real estate business. Key points about these entities include:
Next10 Realbuild Private Limited
- CIN: U70109DL2021PTC383478
- Incorporated on July 09, 2021
Next10 Land Developers Private Limited
- CIN: U70103DL2021PTC383397
- Incorporated on July 08, 2021
It's worth noting that neither company has reported any turnover in the last three years, and their operations are currently limited to India.
Related Party Transaction
The acquisition is classified as a related party transaction, as 99% of the shareholding in both companies is held by Rohtas Goel, the Non-Executive Chairman and Promoter of Omaxe Limited. The remaining 1% is held by Rajneesh Pabbi, who is not considered a related party.
Transaction Terms
- The acquisitions are being conducted at arm's length price.
- The consideration will be paid in cash through banking channels.
- The transactions are expected to be completed by November 19, 2025.
- No governmental or regulatory approvals are required for these acquisitions.
Strategic Implications
While Omaxe Limited has stated that there is no material impact of this acquisition at present, the company has indicated that these acquisitions are part of its plans for the next phase of growth. The move suggests a strategic expansion of Omaxe's real estate portfolio, potentially positioning the company for future development projects or market opportunities.
As the real estate sector continues to evolve, this acquisition may provide Omaxe with additional resources and flexibility to respond to market demands and expand its operational capabilities.
Investors and stakeholders will likely be watching closely to see how Omaxe integrates these new subsidiaries into its existing operations and leverages them for future growth in the competitive Indian real estate market.
Historical Stock Returns for Omaxe
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.91% | +0.15% | -4.20% | +4.06% | -28.00% | +14.26% |
















































