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Omaxe plans to raise Rs 300 cr

Last Updated: Sunday, June 29, 2014, 13:38

The funds would be raised by diluting promoters' stake by 8-10 percent depending on the market conditions.

Omaxe's gross debt reduced by 42% in 5 years

Last Updated: Tuesday, June 24, 2014, 18:48

In the last 5 years, the company has seen its debt-equity ratio coming down by close to 60 percent from 1.15 in FY'10 to 0.48 in FY'14.

IHG ties up with Omaxe for 150-room hotel in New Chandigarh

Last Updated: Monday, September 02, 2013, 15:10

The hotel would be located in the 1,000-acre township developed by Omaxe in Sector 4B of the New Chandigarh.

Omaxe to invest Rs 200 crore to set up five-star hotel

Last Updated: Wednesday, July 03, 2013, 15:24

Omaxe has joined hands with Intercontinental Hotel Group to manage and set up the 150-room hotel.

Omaxe sales bookings up 55% to Rs 2,373 cr in FY'13

Last Updated: Sunday, June 16, 2013, 14:07

Realty firm Omaxe's sales booking increased by 55 percent during last fiscal to Rs 2,373 crore as it sold more area at a higher rate.

Omaxe Q4 net profit up by over 50%

Last Updated: Thursday, May 30, 2013, 21:39

Realty firm Omaxe Thursday reported over 50 percent increase in consolidated net profit at Rs 35.66 crore in the fourth quarter ended March 31.

CCI okays merger of Omaxe promoter companies

Last Updated: Wednesday, May 08, 2013, 21:19

Realty firm Omaxe on Wednesday said fair trade regulator Competition Commission of India (CCI) has approved the merger of some of its promoter companies.

Omaxe sales bookings up 34% at Rs 1574 cr during Apr-Dec FY'13

Last Updated: Monday, February 25, 2013, 16:46

According to an analyst presentation, Omaxe achieved sales bookings of Rs 1,574 crore during April-December period of 2012-13 fiscal compared to Rs 1,174 crore in corresponding period of the previous year.

CCI investigating five realty companies

Last Updated: Monday, December 10, 2012, 16:15

"The Competition Commission of India (CCI) has initiated a probe against DLF, Larsen & Toubro, Tulip Infrtaech, J P Associates and Omaxe based on 23 cases filed against the companies," Corporate Affairs Minister Sachin Pilot said in a written reply to the Rajya Sabha.

Omaxe Q2 sales booking up 3% at Rs 472 cr

Last Updated: Friday, November 16, 2012, 15:37

Realty firm Omaxe sold properties worth Rs 472 crore during the second quarter of this fiscal, marginally higher than the year-ago period.

CCI disposes of complaint against Omaxe

Last Updated: Thursday, October 25, 2012, 21:13

Competition Commission of India has disposed of a complaint against Omaxe Ltd as the fair trade regulator did not find the company indulging in anti- competitive practices by nominating a maintenance agency for its housing project.

Omaxe Q1 sales booking down by 16% at Rs 436 cr

Last Updated: Wednesday, August 22, 2012, 20:30

Realty firm Omaxe Ltd sold properties worth Rs 436 crore during the first quarter of this fiscal, down by 16 percent from the year-ago period.