Raymond , the renowned textile and apparel company, is making waves in the stock market as it prepares to list its real estate subsidiary, Raymond Realty Ltd (RRL), on July 1. The announcement has sparked investor interest, driving Raymond's stock price up by 7% to Rs 756.10.

Demerger and Share Allocation

The listing of RRL follows a strategic demerger, where existing Raymond shareholders have been allocated shares in the new entity. For each share held in Raymond, investors will receive one share of Raymond Realty Ltd, aligning shareholder interests across both businesses.

Projected Listing Price

SBI Securities, a leading financial services firm, has provided insights into the potential listing price of RRL. According to their projections, RRL shares are expected to debut on the stock exchanges at a price ranging between Rs 897.00 and Rs 1,430.00. This wide range suggests significant market anticipation and potential volatility in the initial trading sessions.

Market Impact

The news of the impending listing has already had a notable impact on Raymond's stock performance. The 7% surge in Raymond's share price to Rs 756.10 reflects investor optimism about the value unlocking potential of this corporate action.

Looking Ahead

As July 1 approaches, market participants will be closely watching the listing of Raymond Realty Ltd. The real estate subsidiary's market debut will not only provide a new investment avenue for shareholders but also allow Raymond to potentially unlock value in its real estate portfolio.

Investors and analysts will be keen to see how the market values RRL independently and how this move affects the overall valuation of the Raymond Group. The listing also marks a significant step in Raymond's strategy to diversify its business interests and capitalize on its real estate assets.

Raymond Ltd , a diversified conglomerate, saw its shares surge on the stock market, driven by investor enthusiasm for its upcoming real estate venture. The company's stock performance and expansion plans in the real estate sector have caught the attention of market participants.

Stock Performance

Raymond Ltd shares experienced a significant uptick, closing 14.21% higher at ₹713.10 on the National Stock Exchange (NSE). This remarkable rise in share price comes as investors anticipate the listing of Raymond Realty, the company's demerged real estate arm, scheduled for July 1.

Raymond Realty's Ambitious Plans

The demerged entity, Raymond Realty, is set to make a strong entry into the real estate market with ambitious expansion plans:

• New Project Launches: The company has announced its intention to launch six new residential projects in the Mumbai Metropolitan Region (MMR) during the current fiscal year.
• Market Segment Focus: These projects will primarily target the premium and luxury segments, indicating Raymond Realty's strategy to position itself in the high-end real estate market.

Strategic Demerger

The decision to demerge Raymond Realty from its parent company, Raymond Ltd, is part of a strategic move aimed at:

1. Increasing Shareholder Value: By separating the real estate business, the company expects to unlock value for its shareholders.
2. Business Focus: The demerger allows Raymond Realty to operate as an independent entity, enabling a sharper focus on its real estate operations and growth strategies.

Market Implications

The positive market reaction to Raymond Ltd's shares suggests that investors are optimistic about:

• The potential of Raymond Realty as a standalone entity
• The company's expansion plans in the lucrative Mumbai real estate market
• The overall strategy of the Raymond Group to streamline its business operations

As the listing date for Raymond Realty approaches, market observers will be keenly watching how this new entity performs and its impact on the broader real estate sector in the Mumbai Metropolitan Region.