Omaxe Subsidiary Secures ₹19 Crore Through Non-Convertible Debenture Allotment

1 min read     Updated on 28 Aug 2025, 06:37 PM
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Overview

Bhanu Infrabuild Private Limited, a wholly-owned subsidiary of Omaxe Limited, has allotted Non-Convertible Debentures (NCDs) worth ₹19 crore to OCM India Opportunities XII Alternate Investment Fund - Scheme I. The allotment comprises 1,900 NCDs with a face value of ₹1.00 lakh each. These senior, secured, rated, listed, redeemable, and guaranteed NCDs were issued on a private placement basis. The Board of Directors approved the allotment on August 28, 2025, demonstrating the company's commitment to transparent corporate actions.

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*this image is generated using AI for illustrative purposes only.

Omaxe Limited has announced a significant financial move through its wholly-owned subsidiary, Bhanu Infrabuild Private Limited. The subsidiary has successfully allotted Non-Convertible Debentures (NCDs) worth ₹19 crore to OCM India Opportunities XII Alternate Investment Fund - Scheme I, marking a notable development in the company's financial strategy.

Key Details of the Debenture Allotment

Aspect Detail
Issuer Bhanu Infrabuild Private Limited (Wholly-owned subsidiary of Omaxe Limited)
Allotment 1,900 Non-Convertible Debentures
Face Value ₹1.00 lakh per debenture
Total Value ₹19.00 crore
Investor OCM India Opportunities XII Alternate Investment Fund - Scheme I
Issuance Basis Private placement

Debenture Characteristics

The NCDs issued by Bhanu Infrabuild Private Limited are characterized as:

  • Senior
  • Secured
  • Rated
  • Listed
  • Redeemable
  • Guaranteed

Corporate Governance and Disclosure

In adherence to regulatory requirements, Omaxe Limited has duly informed the stock exchanges about this development. The company's Board of Directors approved the allotment on August 28, 2025, demonstrating transparency in its corporate actions.

Implications and Outlook

This move by Omaxe's subsidiary to raise funds through NCDs could be seen as a strategic financial decision. The infusion of ₹19.00 crore is likely to provide additional liquidity to support the company's operations or future projects. For investors and market watchers, this development offers insights into Omaxe's financial planning and its ability to attract institutional investment.

The successful placement of these NCDs with a reputable alternate investment fund may also be interpreted as a sign of confidence in the company's financial health and future prospects. However, as with any debt instrument, it will be important for stakeholders to monitor how effectively the company utilizes these funds and manages its debt obligations going forward.

Omaxe Limited continues to be an active player in the real estate sector, and this financial move by its subsidiary underscores the group's ongoing efforts to optimize its capital structure and fund its business activities.

Historical Stock Returns for Omaxe

1 Day5 Days1 Month6 Months1 Year5 Years
+4.01%-3.05%-13.80%+11.06%-30.27%+23.23%

Omaxe Ltd Reports Widened Q1 Net Loss of Rs 185.77 Crore Amid Lower Income

1 min read     Updated on 18 Aug 2025, 04:50 PM
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Reviewed by
Shriram ShekharScanX News Team
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Overview

Omaxe Ltd's consolidated net loss increased to Rs 185.77 crore in Q1 from Rs 146.98 crore last year. Total income fell to Rs 298.03 crore from Rs 385.23 crore. Despite challenges, Omaxe acquired a 450-acre land parcel in Indore for Rs 1,200 crore and raised Rs 500 crore from Oaktree Capital Management for existing projects and growth initiatives.

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*this image is generated using AI for illustrative purposes only.

Omaxe Ltd , a prominent real estate developer in North and Central India, has reported a significant increase in its consolidated net loss for the first quarter. The company's financial performance has been impacted by a decline in total income, reflecting challenges in the real estate sector.

Financial Performance

Omaxe Ltd's consolidated net loss for the first quarter stood at Rs 185.77 crore, marking a substantial increase from the Rs 146.98 crore loss reported in the same period last year. The widening of losses comes alongside a notable decrease in the company's total income, which fell to Rs 298.03 crore from Rs 385.23 crore year-on-year.

Financial Metric Q1 Current Year Q1 Previous Year Change
Net Loss Rs 185.77 crore Rs 146.98 crore 26.39%
Total Income Rs 298.03 crore Rs 385.23 crore -22.64%

Company Overview

Omaxe Ltd has established a significant presence in the Indian real estate market, operating across 30 cities in eight states throughout North and Central India. Since its inception, the company has successfully delivered over 135 million square feet of real estate projects, demonstrating its extensive experience and reach in the sector.

Recent Developments

Despite the challenging quarter, Omaxe has been making strategic moves to strengthen its position in the market:

  1. Land Acquisition: The company recently acquired a substantial 450-acre land parcel in Indore for Rs 1,200 crore. This acquisition is slated for township development, indicating Omaxe's commitment to expanding its project portfolio.

  2. Capital Raising: In a significant financial move, Omaxe has successfully raised Rs 500 crore from Oaktree Capital Management. This capital infusion is earmarked for supporting existing projects and fueling future growth initiatives.

These recent developments suggest that Omaxe is actively working on strategies to overcome current challenges and position itself for future growth in the real estate market. The company's ability to secure substantial funding and acquire large land parcels for development projects demonstrates investor confidence and a forward-looking approach, despite the current financial setbacks.

As the real estate sector navigates through various market dynamics, Omaxe Ltd's performance in the coming quarters will be closely watched by investors and industry observers alike.

Historical Stock Returns for Omaxe

1 Day5 Days1 Month6 Months1 Year5 Years
+4.01%-3.05%-13.80%+11.06%-30.27%+23.23%
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