Latest news with #OmaxeGroup
Hindustan Times
28-07-2025
- Business
- Hindustan Times
Omaxe Group secures ₹500 crore funding from Oaktree
Omaxe Group has secured funding of Rs. 500 crore from Oaktree Capital Management LP, a global investment manager specializing in alternative investments, for developing its existing projects and future growth. Omaxe Group has secured funding of Rs. 500 crore from Oaktree Capital Management LP, a global investment manager specializing in alternative investments. (Photo for representational purposes only)(Unsplash) In a regulatory filing on July 28, the company informed that it has raised ₹500 crore from funds managed by Oaktree Capital Management L P (Oaktree). It will provide growth capital for Omaxe's ongoing projects across key markets such as New Chandigarh, Lucknow, Ludhiana, and Faridabad, along with flagship developments like Omaxe state in Dwarka, the upcoming integrated township in Amritsar, and a new township project in Indore, to name a few, the company said. The funding will strengthen the company's core and accelerate delivery timelines for residential, commercial, and public-private partnership (PPP) developments, including its infrastructure, commercial, and residential projects, it said. 'This partnership with Oaktree marks an important milestone in Omaxe's growth journey. The confidence that a global investor like Oaktree places in our business is a reflection of the strength of our delivery record and our long-term vision. This Fund infusion enables us to move faster on construction, reduce market dependence, and strategically invest in new opportunities that align with our core markets,' said Mohit Goel, Managing Director, Omaxe Ltd. 'We have taken meaningful steps to strengthen our balance sheet and improve financial flexibility in the last few years, repaying significant debt while delivering consistent sales growth and creating easily monetisable projects funnel. With no immediate liability to repay, most of the funds would be used for faster execution and create additional headroom to explore expansion in select markets. We would like to thank team Oaktree, for partnering with us in this growth journey,' said Atul Banshal, director, finance, Omaxe Ltd. In the last two financial years, Omaxe has repaid net Rs. 1285 crore to lenders as principal payment, reducing overall net debt to ₹300 crore. The company sold properties over Rs. 3000 crore in FY25. Earlier on July 28, Omaxe said it has raised ₹431 crore through the issue of debentures on a private placement basis for business growth. The company informed that its subsidiary, Omaxe New Chandigarh Developers Pvt Ltd, has raised ₹431 crore by issuance and allotment of 43,100 non-convertible debentures (NCDs) of face value ₹1 lakh each through a private placement basis.
Economic Times
28-07-2025
- Business
- Economic Times
Omaxe raises Rs 500 crore from Oaktree Capital; its arm garners Rs 431 crore via debentures
Realty firm Omaxe Group has raised Rs 500 crore from Oaktree Capital Management for development of its existing projects and future growth. ADVERTISEMENT In a regulatory filing on Monday, the company informed that it has raised Rs 500 crore from funds managed by Oaktree Capital Management L P (Oaktree). "The funding will strengthen the company's core and accelerate delivery timelines for residential, commercial, and public-private partnership (PPP) developments, including its infrastructure, commercial, and residential projects," Omaxe said. The funds would also be used as growth capital. Earlier in the day, Omaxe said it has raised Rs 431 crore through the issue of debentures on a private placement basis for business growth. The company informed that its subsidiary -- Omaxe New Chandigarh Developers Pvt Ltd -- has raised Rs 431 crore by issuance and allotment of 43,100 non-convertible debentures (NCDs) of face value Rs 1 lakh each through a private placement basis. ADVERTISEMENT In the last two financial years, Omaxe said it has repaid net Rs 1,285 crore to lenders as principal payment, reducing overall net debt to Rs 300 crore. Omaxe has delivered over 140.17 million sq ft of real estate and construction contracting projects so far. It has a presence in 31 cities of eight states. ADVERTISEMENT The company mainly develops integrated townships, group housing, shopping malls and office spaces. Recently, Omaxe announced the acquisition of a 450-acre land parcel in Indore, Madhya Pradesh to develop a township at an investment of Rs 1,200 crore. PTI
Time of India
28-07-2025
- Business
- Time of India
Omaxe raises Rs 500 crore from Oaktree Capital; its arm garners Rs 431 crore via debentures
Realty firm Omaxe Group has raised Rs 500 crore from Oaktree Capital Management for development of its existing projects and future growth. In a regulatory filing on Monday, the company informed that it has raised Rs 500 crore from funds managed by Oaktree Capital Management L P (Oaktree). Explore courses from Top Institutes in Please select course: Select a Course Category Design Thinking Product Management Cybersecurity healthcare Management Project Management CXO Data Science Others others Degree Digital Marketing PGDM Data Science Technology Finance Artificial Intelligence Healthcare Leadership Operations Management MBA MCA Data Analytics Public Policy Skills you'll gain: Duration: 22 Weeks IIM Indore CERT-IIMI DTAI Async India Starts on undefined Get Details Skills you'll gain: Duration: 25 Weeks IIM Kozhikode CERT-IIMK PCP DTIM Async India Starts on undefined Get Details "The funding will strengthen the company's core and accelerate delivery timelines for residential, commercial, and public-private partnership (PPP) developments, including its infrastructure, commercial, and residential projects," Omaxe said. The funds would also be used as growth capital. Earlier in the day, Omaxe said it has raised Rs 431 crore through the issue of debentures on a private placement basis for business growth. Live Events The company informed that its subsidiary -- Omaxe New Chandigarh Developers Pvt Ltd -- has raised Rs 431 crore by issuance and allotment of 43,100 non-convertible debentures (NCDs) of face value Rs 1 lakh each through a private placement basis. In the last two financial years, Omaxe said it has repaid net Rs 1,285 crore to lenders as principal payment, reducing overall net debt to Rs 300 crore. Omaxe has delivered over 140.17 million sq ft of real estate and construction contracting projects so far. It has a presence in 31 cities of eight states. The company mainly develops integrated townships, group housing, shopping malls and office spaces. Recently, Omaxe announced the acquisition of a 450-acre land parcel in Indore, Madhya Pradesh to develop a township at an investment of Rs 1,200 crore. PTI
Time of India
28-07-2025
- Business
- Time of India
Omaxe Group secures ₹500 crore funding from Oaktree
NEW DELHI: Omaxe Group has secured funding of ₹500 crore from funds managed by Oaktree Capital Management L.P. (Oaktree). The funding will accelerate delivery timelines for residential, commercial, and public-private partnership (PPP) developments, including its infrastructure, commercial, and residential projects. It will also provide growth capital for the company's ongoing projects. "This fund infusion enables us to move faster on construction, reduce market dependence, and strategically invest in new opportunities that align with our core markets," said Mohit Goel , managing director of the company. Atul Banshal , director (Finance) of the company said, "We have taken meaningful steps to strengthen our balance sheet and improve financial flexibility in the last few years, repaying significant debt while delivering consistent sales growth and creating easily monetisable projects funnel. With no immediate liability to repay, most of the funds would be used for faster execution and create additional headroom to explore expansion in select markets." In the last two financial years, the company has repaid net ₹1,285 crore to lenders as principal payment, reducing overall net debt to ₹300 crore. In a separate regulatory filing, the company informed that Omaxe New Chandigarh Developers, a wholly-owned subsidiary of the company, has successfully raised ₹431 crore by issuance and allotment of 43,100 unlisted, senior, secured, redeemable non-convertible debentures (NCDs) of face value ₹1 lakh each through private placement. The funds have been raised from OCM India Opportunities XII Alternate Investment Fund Scheme I.
News18
28-07-2025
- Business
- News18
Omaxe Secures Rs 500 Crore Funding From Oaktree To Speed Up Project Delivery
Omaxe Group secured Rs. 500 crore from Oaktree Capital to boost project delivery in New Chandigarh, Lucknow, and Faridabad. Omaxe Group has secured Funding of Rs. 500 crore from funds managed by Oaktree Capital Management L.P. ('Oaktree), a Leader among global investment managers specializing in alternative investments. The funding will strengthen the company's core and accelerate delivery timelines for residential, commercial, and public-private partnership (PPP) developments, including its infrastructure, commercial, and residential projects. It will also provide growth capital for Omaxe's ongoing projects across key markets such as New Chandigarh, Lucknow, Ludhiana, and Faridabad, along with flagship developments like Omaxe State in Dwarka, the upcoming integrated township in Amritsar, and a new township project in Indore, to name a few. 'This partnership with Oaktree marks an important milestone in Omaxe's growth journey. The confidence that a global investor like Oaktree places in our business is a reflection of the strength of our delivery record and our long-term vision. This Fund infusion enables us to move faster on construction, reduce Market Dependence, and strategically invest in new opportunities that align with our core markets. We believe this partnership will enable us to enhance our geographical presence in many more growth cities, multiplying value for both of us." said Mr. Mohit Goel, Managing Director, Omaxe Ltd. In the last two financial years, Omaxe has repaid net Rs. 1285 crore to lenders as principal payment, reducing overall net debt to Rs 300 Crores. The company sold properties over Rs. 3000 crore in FY25, further demonstrating its operational momentum and ability to generate strong cash flows. Omaxe has delivered over 140.17 million sq. ft. of real estate and construction contracting projects to date as of March 31, 2025, with presence in 8 states and 31 cities. Its portfolio includes integrated townships, group housing, shopping malls, office spaces, and infrastructure-led developments, with a focus on timely delivery and long-term value creation for customers and investors alike. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
