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* - Tentative Dates
The Company intend to utilize the gross proceeds raised through the Issue for the following objects:
Praxis Home Retail Limited's revenue decreased by 30% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 313.37 | 319.23 |
| Total Income | 158.12 | 225.94 |
| Profit After Tax | -34.98 | -85.71 |
| Amount in ₹ Crore | ||
Praxis Home Retail Ltd is a home retail company that offers furniture and home decor items under the brand name, "Home Town". The company offers a wide range of furniture, stylish home decor, modular kitchen services, homeware, and home interior products.
HomeTown is a one-stop-shop for all furniture (for living room, bar, kids room, office furniture), home decor goods from kitchen dining sets to planters, wall decor, figurines, lanterns, and home furnishing i.e., cushion & fillers, curtains, pillows, and bath linen.
At present, the company has 19 stores across 17 cities in India. It has served 15 million+ customers all over the country. Apart from online selling through website, it also sells products on e-commerce platforms like Amazon, Flipkart, and more.
