Raymond Ltd. shares are drawing attention ahead of the upcoming demerger of its real estate business, Raymond Realty Ltd. As per the scheme, shareholders will receive one fully paid-up ₹10 share of Raymond Realty for each Raymond share held.
Raymond Ltd. will be closely tracked on Tuesday, May 13, as it's the final day for investors to purchase shares under the T+1 settlement system and still be eligible for shares in Raymond Realty. The record date for the demerger is May 14, which determines shareholder eligibility. The ex-date, which aligns with the record date, is when Raymond’s share price will adjust to reflect the spinoff.
Due to India’s T+1 settlement system, shares bought on May 14 will not be eligible for the demerger. Only shareholders who own Raymond stock by the end of May 13 will receive shares in Raymond Realty.
Raymond first announced the plan to demerge its real estate division in July 2024. Following National Company Law Tribunal (NCLT) approval in March 2025, the demerger officially came into effect on May 1. The Realty entity will be listed independently on both the NSE and BSE. Raymond is expected to announce the actual listing date shortly.
The spin-off is part of a strategic move by Gautam Singhania-led Raymond Group to unlock potential and attract dedicated investors and partners for its real estate venture.
Raymond Realty enters the market with solid fundamentals:
A land bank of 100 acres, potentially generating ₹25,000 crore in revenue.
Joint development assets worth ₹7,000 crore concentrated in Mumbai.
Targets 20–25% growth in annual booking value.
Operates with a capital-light model through Joint Development Agreements (JDAs).
Maintains a net cash-positive balance sheet, giving it financial flexibility for expansion.
Raymond Limited shares were trading at ₹1,536.90 at 9:30 AM on the NSE, reflecting a decline of ₹35.80 or 2.28% from the previous close of ₹1,572.70. The stock opened at ₹1,573 and touched an intraday high of ₹1,578.90 and a low of ₹1,532.
Read More: R Systems International Interim Dividend of ₹6 Record Date Tomorrow, May 14, 2025.
The demerger of Raymond Realty from Raymond Ltd. marks a structural change in the group’s business framework, separating the real estate operations into a distinct entity. With key dates such as the record and ex-date in place, the process follows regulatory approvals and established corporate procedures. Investors and market participants will now await the listing and subsequent developments related to Raymond Realty Ltd.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 13, 2025, 9:47 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates