Archive · 29 Jun 2025
Seven Companies Set to Debut on Exchanges This Week
This week, seven companies will start trading on the stock market.
One company, Raymond Realty, is starting because it was separated from its parent company.
Another, Kalpataru, is selling shares to pay off debt.
Valuations of these companies differ.
For example, one is valued at 166 times its earnings before interest, taxes, depreciation, and amortization.
Analysts have different estimates for how much Raymond Realty's shares will cost.
Seven companies are set to begin trading on the stock exchanges this week.
Raymond Realty will list via demerger, while Kalpataru is raising capital.
Kalpataru's EV/EBITDA is 166x, EV/Sales 7.9x, and EV/Pre-Sales 4.7x.
Raymond Realty's potential listing price is between ₹1,400-₹2,000.
Analysts suggest Raymond Realty could list at ₹1,430 per share on the higher end.
- Who
- Raymond Realty, Kalpataru Ltd, Ellenbarrie Industrial Gases, Globe Civil Projects, HDB Financial Services, Sambhv Steel Tubes, and Indogulf Cropsciences.
- What
- Seven companies will list on the stock exchanges.
- When
- This week.
- Where
- Stock exchanges.
- Why
- Companies are listing to raise capital and offer investment opportunities.
Investment Risks and Opportunities
Valuation Metrics
Debt profiles and company structure
Investment Risks and Opportunities
Choice Broking has concerns about the debt of Kalpataru and recommends a subscribe for long-term rating
Valuation Metrics
Raymond Realty has a net-debt-free balance sheet
- Raymond Realty Listing Method
- Demerger
- Kalpataru Goal
- Repay debt
- Kalpataru EV/EBITDA
- 166x
- Raymond Realty Potential Listing Price
- ₹1,400-₹2,000
- Raymond Realty Debt
- ₹190 crore
- Kalpataru Debt
- ₹11,000 crore
- Raymond Realty EV/EBITDA
- 23 times