Raymond Lifestyle Ltd, a demerged entity from Raymond Ltd, made its stock market debut on September 5, 2024, listing at ₹3,020 on NSE and ₹3,000 on BSE.
The company's market capitalization exceeds ₹18,200 crore. However, after listing, the stock dropped 5% to ₹2,850, hitting the lower circuit. Raymond Lifestyle, which includes the retail and lifestyle division, is now part of Raymond's strategy to split into three separate listed businesses. The parent company, Raymond, saw a marginal rise to ₹2,110.