Omaxe Fully Repays ₹700+ Crore Debt to Samman Capital ahead of Schedule

Omaxe Group, one of India's leading real estate developers, has successfully repaid its entire ₹700+ crore debt exposure to Samman Capital (formerly Indiabulls Housing Finance). The repayment, made ahead of schedule from project cash flows, underscores the company's commitment to prudent financial management, strong cash flow management and disciplined growth.

The company's association with Samman Capital (formerly Indiabulls Housing Finance) supported the construction and development of several marquee projects across Lucknow, Faridabad, New Chandigarh, and other key cities. The closure of this facility marks another important step in Omaxe's ongoing strategy to optimize its balance sheet and enhance financial agility. This milestone builds on Omaxe's consistent efforts to deleverage and optimize its capital structure, ensuring a more robust foundation for future growth.

Omaxe association with Samman Capital (formerly Indiabulls Housing Finance) has been instrumental in driving our project execution and expansion across key regions. Omaxe value their trust and support through this journey. This early repayment reaffirms Omaxe's commitment to timely repayments and sustainable financial management. With the balance sheet further strengthened, Omaxe is well-positioned to continue delivering high-quality developments and value creation for all stakeholders."

Omaxe is pleased to have fully repaid its obligations to Samman Capital (formerly Indiabulls Housing Finance) well before maturity. Their partnership has been valuable in supporting our development pipeline, and we extend our gratitude for their continued confidence in Omaxe. This milestone reflects the success of our ongoing efforts to improve liquidity, reduce leverage, and strengthen financial resilience. Going forward, Omaxe aims to maintain this momentum and explore new avenues for strategic collaborations that support the company's next phase of growth.

This achievement follows a series of recent milestones for Omaxe, including strategic capital infusion, strong sales growth, and continued delivery across residential and mixed-use projects in north and central India. Omaxe remains focused on enhancing liquidity, optimizing leverage, and accelerating construction across ongoing developments.

Shares of Omaxe Limited was last trading in BSE at Rs. 64.45 as compared to the previous close of Rs. 68.03. The total number of shares traded during the day was 19397 in over 407 trades.

The stock hit an intraday high of Rs. 68.75 and intraday low of 63.71. The net turnover during the day was Rs. 1264957.00.

Source : Equity Bulls

Keywords

Omaxe INE800H01010 Realty Repayment Loan SammanCapital