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* - Tentative Dates
The Company proposes to utilize the Net Proceeds to:
1. To reduce the current liabilities by repaying part of outstanding trade payables
2. General corporate purposes, and
3. Issue-related expenses.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-19 | 383.55 | 683.88 | -26.94 | |
| 31-Mar-20 | 625.10 | 703.73 | -80.74 | |
| 31-Mar-21 | 397.24 | 378.68 | -103.22 | |
| 31-Mar-22 | 409.86 | 481.04 | 14.24 | |
| 31-Mar-23 | 312.36 | 395.42 | -21.01 | -17.95 |
| Amount in ₹ Crore | ||||
Praxis Home Retail Limited was established in 2007. The company operates retail stores for home furniture and home fashion under the brand name HomeTown and serves the retail segment in India. This retail format brings together under one roof a wide range of furniture (both office and home), home furnishings, kitchen items, other home accessories and high-end services such as complete home designs and modular kitchens, providing customers with a great shopping experience. In addition, the shop offers a wide selection of accessories such as clocks, wall hangings and decorative items, making it a complete one-stop shop for all interior design needs.
The company also operates a web portal for online sales of its products through the website www.hometown.in and is also present in major e-commerce marketplaces in India through which the company sells a wide range of products from furniture, home textiles, decoration, tableware and kitchen items.
