Oberoi Realty is a real estate development company with a special focus on the real estate market of Mumbai. The company has developed more than 42 projects in the Mumbai area as of December 2022. The company aims to deliver 48.7 million square feet of real estate in the coming years (already in the pipeline). The company has won several awards for its services, such as the AutoDesk Industry Disruptor Award 2021 and the Hindustan Times Most Admired Homes Award in 2021.
On 27 December 2022, the market capitalisation of the company was Rs 30,228.05 crore. It reported consolidated sales of Rs 1,012.5 crore at the end of September 2022. The company is listed on the Bombay Stock Exchange with the code 533273 and the National Stock Exchange with the code OBEROIRLTY.
On 30 September 2022, the company’s shareholding pattern indicated a promoter stake of 67.7%, mutual funds held a stake of 9.85%, and the public held a stake of 20.5% in the company. At present, foreign institutional investors have no stake in Oberoi Realty. The company’s shareholding pattern has remained largely consistent over the past year.
The company’s board of directors comprises Vikas Oberoi, Bindu Oberoi, Saumil Daru, Karamjit Singh Kalji, Tilokchand P Ostwal, Tina Trikha, Venkatesh Mysore, and others. Saumil Daru is the company’s chief executive officer, and its auditors are S R B C & Co. LLP. On 30 September 2022, the company had a total of 36.36 crore shares outstanding.
On 27 December 2022, Oberoi Realty Ltd.’s share price on BSE was Rs 834.00 and Rs 833.90 on NSE. The share price touched a 52-week high of Rs 1,088.40 and a 52-week low of Rs 726.25. Its three-month return to investors was -8. 6%, while its one-year return was -2.74%.
As of November 2022, Kotak Emerging Equity Direct-G had invested Rs 583.7 crore in the company, while Canara Robeco Emerging Equities Direct Growth and PGIM India Midcap Opportunities Fund Direct Growth had invested Rs 215.73 and Rs 175.54 crore, respectively.
Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: firstname.lastname@example.org. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.