Established in 2007, Praxis Home Retail Limited is a prominent player in India’s thriving home retail sector, operating physical retail stores under the well-known brand name HomeTown.
Praxis Home Retail offers a wide-ranging product lineup that includes office and home furniture, home furnishings, kitchenware, and a diverse array of home-related accessories, encompassing items like clocks, wall hangings, and decorative objects.
As of March 31, 2023, HomeTown has firmly established its presence across India, boasting a network of 43 strategically positioned stores spread across 28 cities nationwide.
In response to evolving market dynamics, Praxis Home Retail has adeptly ventured into online retail, operating through the web portal www.hometown.in. This digital platform ensures a seamless and convenient shopping experience for its customers, aligning perfectly with the company’s commitment to delivering a comprehensive and accessible range of home retail solutions.
Praxis Home Retail Limited continues to play a significant and influential role in shaping the landscape of home retail in India, offering a diverse array of home-related products and services to meet the needs of the modern Indian consumer.
Praxis Home Retail Ltd Stock Quote #
- Open: ₹12.60
- High – Low: ₹12.80 – ₹12.10
- Previous Close: ₹12.60
- Total Traded Value: 5,45,395
- 52 Weeks High: ₹32.90 (Sep 09, 2022)
- 52 Weeks Low: ₹11.05 (Jun 09, 2023)
- Updated On: Jun 06, 2023 4:00 PM
Praxis Home Retail Rights Issue 2023 Detail #
Issue Open Jun 6, 2023 – Jun 14, 2023 Security Name Praxis Home Retail Limited Issue Size (Shares) 49,185,572 Issue Size (Amount) ₹49.19 Crores Issue Price ₹10 per share Face Value ₹5 per share Listing At BSE, NSE Terms of Payment The full amount of the Issue Price being ₹ 10 will be payable on application. Entitlement 13 Rights Equity Share(s) for every 20 fully paid-up Equity Shares held on Record Date Praxis Home Retail Rights Issue 2023 Issue Timetable #
Last Date to buy shares May 29, 2023 Record Date May 30, 2023 Credit of Rights Entitlements Bid/Offer Opens On Jun 6, 2023 Renunciation of Rights Entitlements Jun 9, 2023 Bid/Offer Closes On Jun 14, 2023 Deemed Date of Allotment Jun 21, 2023 Credit Date Jun 26, 2023 Listing Date Jun 30, 2023 Company Financials #
Praxis Home Retail Limited Financial Information (Restated) Period Ended Total Assets Total Revenue Profit After Tax Net Worth 31-Mar-19 383.55 683.88 -26.94 31-Mar-20 625.10 703.73 -80.74 31-Mar-21 397.24 378.68 -103.22 31-Mar-22 409.86 481.04 14.24 31-Mar-23 312.36 395.42 -21.01 -17.95 Amount in ₹ Crore Objects of the Issue: #
The Company proposes to utilize the Net Proceeds to:
1. To reduce the current liabilities by repaying part of outstanding trade payables
2. General corporate purposes, and
3. Issue-related expenses.
Praxis Home Retail Rights Issue 2023 Documents #
Company Contact Information #
Praxis Home Retail Limited
iThink Techno Campus,
Jolly Board Tower D,
Ground Floor, Kanjurmarg (East), Mumbai 400 042Phone: +91 22 6882 4900
Email: investorrelations@praxisretail.in
Website: http://www.praxisretail.inPraxis Home Retail Rights Issue 2023 Registrar #
- Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: praxis.rights@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
Praxis Home Retail Rights Issue 2023 Lead Manager(s) #
- Link Intime India Private Ltd
