Praxis Home Retail Rights Issue Details, Record Date, Issue Price, Subscription

Praxis Home Retail Rights Issue details are now available. The company plans to issue 4,95,80,000 equity shares amounting to Rs 49.58 crores. Praxis Home Retail Rights issue price is Rs 10 per share, and the face value is Rs 5 per share.

Praxis Home Retail Rights Issue open date and close date will be available soon. Praxis Home Retail rights issue entitlement ratio is 11:30, which is 11 Rights Equity Share for every 30 fully paid-up Equity Share held on record date.

Praxis Home Retail Rights Issue record date is March 20, 2025. The last date to buy shares of Praxis Home Retail is March 19, 2025. Rights Issue subscription status will be available after the issue goes live.

Praxis Home Retail Rights Issue Allotment date, Credit date and Listing date will be available soon. However, the listing will be at BSE and NSE platform.

Praxis Home Retail Rights Issue book-running lead manager is Prime Securities Limited. The registrar for the Praxis Home Retail rights Issue is Link Intime India Private Ltd.

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Praxis Home Retail Rights Issue Details

Praxis Home Retail Rights Issue details are as follows: the company plans to issue 4,95,80,000 equity shares amounting to Rs 49.58 crores. Praxis Home Retail Rights issue price is Rs 10 per share. The rights issue entitlement ratio is 11:30, which is 11 Rights Equity Shares for every 30 fully paid-up equity share(s).

Praxis Home Retail Rights Issue Dates

Praxis Home Retail Rights Issue record date is March 20, 2025. The last date to buy shares of Praxis Home Retail is March 19, 2025.

Praxis Home Retail Rights Issue Subscription

Praxis Home Retail Rights Issue subscription status will be available after the issue goes live. The details of Rights Issue entitlement are 11 Rights Equity Share(s) for every 30 fully paid-up Equity Share(s) held on Record Date. The offer price is Rs 10 per share.

Praxis Home Retail Limited: About the Company

Praxis Home Retail Limited, established in 2007 and headquartered in Mumbai, is a leading Indian company specializing in home retail solutions. Operating under the well-known HomeTown brand, Praxis offers an extensive range of furniture, homeware, décor, modular kitchens, wardrobes, and customized interior solutions.

The firm reaches customers via its physical outlets in more than 30 Indian cities, its website, and its hometown.in, providing accessibility and convenience to a wide range of customers. Praxis Home Retail's product offerings comprise home and office furniture, furnishings, kitchenware, bathroom accessories, and design consultation services, addressing changing lifestyle requirements. 

With a focus on quality, design innovation, and customer-centric service, Praxis Home Retail has positioned itself as a trusted destination for complete home transformation. The company's commitment to enhancing everyday living is reflected in its curated offerings and seamless omnichannel experience.

Praxis Home Retail Limited Financials (in crore)

Praxis Home Retail Rights Issue Registrar

Praxis Home Retail Limited's registrar is Link Intime India Private Ltd. The book-running lead manager(s) for this rights issue is Prime Securities Limited.

FAQs

1. What are the details of the Praxis Home Retail Rights Issue?

The details of the Praxis Home Retail Rights Issue are as follows: Praxis Home Retail plans to issue 4,95,80,000 equity shares, amounting to Rs 49.58 crores. Praxis Home Retail Rights issue price is Rs 10 per share, and the face value is Rs 5 per share. The rights issue entitlement ratio is 11:30, which is 11 Rights Equity Share(s) for every 30 fully paid-up equity share(s).

2. What is the open date and close date of the Praxis Home Retail Rights Issue?

Praxis Home Retail Rights Issue open date and close date will be available soon. Praxis Home Retail Rights Issue record date is March 20, 2025. The last date to buy shares of Praxis Home Retail is March 19, 2025.

3. How can I apply for the Praxis Home Retail Rights Issue?

You can apply for Praxis Home Retail in two ways: one is Net Banking (ASBA), and the other is by visiting the Registrar's Website (R-WAP Facility).

4. What is the entitlement ratio for the Praxis Home Retail Rights Issue?

Praxis Home Retail's rights issue entitlement ratio is 11:30, which is 11 Rights Equity Share(s) for every 30 fully paid-up equity share(s).

5. How can I check the Praxis Home Retail Issue Allotment Status?

The registrar for this upcoming rights issue is Link Intime India Private Ltd. Investors can check the allotment status by visiting the registrar's here.

6. From where can I get the Letter of Offer Praxis Home Retail Rights issue?

You can download the Praxis Home Retail Rights issue Letter of Offer by visiting here.

7. What is the listing date of the Praxis Home Retail Rights Issue?

The Praxis Home Retail Rights Issue listing date will be available soon. However, the listing will be at BSE and NSE.

8. Who are the registrar and lead managers of Praxis Home Retail Rights Issue?

Praxis Home Retail Limited registrar is Link Intime India Private Ltd. Whereas, the book-running lead manager(s) of this rights issue is Prime Securities Limited.

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