Praxis Home Retail Rights Issue 2025 Date, Price, Allotment, Ratio

Praxis Home Retail Rights issue date is fixed, the rights issue is to open on 2025 and will close on 2025. The Praxis Home Retail Rights issue record date is March 20, 2025. The company is to offer 4,95,80,000 equity shares at a price of ₹10 per share. The Praxis Home Retail Rights issue size will be ₹49.58 Crores. The entitlement ratio is 11:30, 11 rights share for every 30 fully-paid equity shares held on the record date. Check out Praxis Home Retail rights issue details.

Praxis Home Retail Limited founded in 2007, is one of the growing companies that runs its business under the brand name HomeTown. It runs physical stores where it sells home furniture and home fashion. Their stores consist of a diverse range of home accessories such as home and office furniture, home furnishings, kitchenware, and other home accessories. Moreover, they also offer various services like home design and modular kitchens leaving customers with exceptional experience. They don’t stop here, Praxis Home is a one-stop solution for all your home decor needs, you will also be able to get a variety of home decor accessories like clocks, wall hangings, and decor. The company has established its presence in pan-India with 19 stores and across 17 cities in India with 400+ employees as of November 30, 2024.

Praxis Home Retail Rights Issue Review

  • N/A

Praxis Home Retail Rights Issue 2025 Dates & Time Table

Rights Issue Open:2025
Rights Issue Close:2025
Rights Record Date:March 20, 2025
Last Date to Buy Shares:March 19, 2025
Deemed Date of Allotment2025
Renunciation of Rights Entitlements2025

Praxis Home Retail Rights Issue 2025 Offer Details

Rights Issue Size:Approx ₹49.58 Crores
Price Band:₹10 Per Equity Share
Face Value:₹5 Per Equity Share
Listing on:BSE, NSE
Entitlement Ratio: 11:30 (11 rights share for every 30 shares)
Equity:4,95,80,000 Equity Share
Letter of Offer:Click Here
Application Form:Click Here
Live Share Price:Click Here

Praxis Home Retail Rights Issue 2025 Form & How to Apply

You can apply for Praxis Home Retail Rights Issue 2025 in two ways:

  • Net Banking (ASBA)
  • Registrar’s Website (R-WAP Facility)

Praxis Home Retail Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹481.04₹466.80₹14.24
2023₹395.42₹447.53₹21.01
2024₹225.94₹303.27₹85.71

Praxis Home Retail Rights Issue 2025 Allotment Status

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: praxis.rights2024@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Praxis Home Retail Rights Issue 2025 Lead Managers

  • Prime Securities Limited

Company Address:

Praxis Home Retail Limited
2nd Floor, Knowledge House,
Shyam Nagar Off Jogeshwari-Vikhroli Link Road,
Near Talav, Jogeshwari East, Mumbai – 400 060
Phone: 91224959250
Email: investorrelations@praxisretail.in
Website: http://www.praxisretail.in/

Praxis Home Retail Rights Issue 2025 FAQs:


When is Praxis Home Retail Rights Issue 2025 Record Date?

Praxis Home Retail Rights Issue 2025 record date is March 20, 2025.

What is Praxis Home Retail Rights Issue 2025 Price?

The company has fixed the price at ₹10 per equity share.

What is the Praxis Home Retail Rights Issue 2025 Ratio?

The company has fixed the ratio (11:30), 11 Rights Equity Share for every 30 Equity Shares as on record date.

How to apply for Praxis Home Retail Rights Issue 2025?

As per the record date you need to have Praxis Home Retail Rights shares in your Demat account. You can participate in Rights Issue via offline form download or you can apply online via ASBA or UPI options.

Follow IPO Watch for the Upcoming IPO News and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.
Share the Post:
Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *