Strong Debut By Raymond Realty, Kalpataru, Ellenbarrie Industrial, Globe Civil On D-Street

Padam Agarwala, Chairman of Ellenbarrie Industrial Gases at the listing ceremony of stock said, "This is a business built over three generations...the journey of 52 years was full of challenges and opportunities, it took three years to set up the first industrial license to set up the plant"

"Our growth drivers has always been a strong and personal customer connect and a respect for quality, and we shall continue to hold these values in future also," he added.

Parag Mahnot, Managing Director of Kalpataru Ltd. at the listing ceremony said, "The company has seen humble beginnings five and a half decades ago...with each challenge the company grew and rose stronger driven by perseverance, integrity and teamwork"

"Kalpataru stands as one of the top developers in India, particularly in the markets of MMR, Pune and Thane, these are one of the most robust markets of India", he added

Gautam Singhania, Chairman of the Raymond Group at listing ceremony of Raymond Realty said, "We are a 100 year old company...and the youngest baby of this family which was started in 2019 is being left alone in the world and being listed today"

"We started off with our own land in Thane like a lot of other builders...Today I am proud to say that Raymond Realty has become one of the most trusted brands as is our lifestyle business in the real estate space in Mumbai, we have 30% market share in the Thane market", he added

Raymond Realty made its market debut, listing at Rs 1,005 on the BSE and Rs 1,000 on the NSE. The stock has gained 4% since its initial listing.