Omaxe Ltd Completes ₹700 Crore Debt Repayment to Samman Capital

Omaxe Ltd has announced the full repayment of its ₹700 crore debt to Samman Capital, formerly known as Indiabulls Housing Finance. The repayment was completed ahead of schedule using project cash flows. This action is in line with the company’s strategy to optimize its balance sheet and enhance financial agility.

The debt facility from Samman Capital was utilized for the construction and development of several projects in key cities, including Lucknow, Faridabad, and New Chandigarh. The repayment marks a significant step in Omaxe’s efforts to deleverage and optimize its capital structure. The company has emphasized its commitment to prudent financial management and disciplined growth through this repayment.

Omaxe’s association with Samman Capital has been instrumental in supporting the execution and expansion of its projects across various regions. The early repayment reaffirms Omaxe’s commitment to timely financial obligations and sustainable financial management. The company aims to maintain this momentum and explore new avenues for strategic collaborations to support its growth phase.

The repayment follows a series of recent milestones for Omaxe, including strategic capital infusion and strong sales growth. The company continues to focus on enhancing liquidity, optimizing leverage, and accelerating construction across its ongoing developments. Omaxe remains committed to delivering high-quality real estate projects in north and central India.

Founded in 1987, Omaxe Ltd has established itself as a trusted real estate brand in India. The company is listed on both the NSE and BSE since 2007. Omaxe has delivered approximately 140 million sq. ft. of real estate across 31 cities in 8 states. Its portfolio includes residential, commercial, and integrated township projects. Omaxe continues to focus on creating vibrant communities and setting benchmarks in the real estate industry.