Omaxe incorporates Lucknow Bus Terminal subsidiary for real estate PPP projects
- Mergers & acquisitions
- Construction
Reviewed byKeshav SehgalBlacklitt Research
Omaxe (NSE: OMAXE) has had Omaxe Lucknow Bus Terminal Private Limited incorporated as a wholly owned subsidiary on 30 Oct 2026, it said in a filing on 31 Oct 2026. The company will subscribe to 10,000 equity shares for ₹1 lakh, and the subsidiary will undertake real estate activities, particularly projects under the public-private partnership model.
The subsidiary's stated business and capital
Omaxe Lucknow Bus Terminal Private Limited was incorporated with the Registrar of Companies under the Ministry of Corporate Affairs on 30 Oct 2026. Its CIN is U68100DL2026PTC471993 and it is registered in India.
The filing says the subsidiary will undertake real estate-related activities, particularly projects under the Public-Private Partnership model. Omaxe will subscribe to 10,000 equity shares of face value ₹10 each, aggregating to ₹1 lakh, to be paid through the banking channel, giving it 100% of the equity share capital on allotment.
How it fits Omaxe
The capital put in is small: ₹1 lakh against a company whose market value was ₹1,656 crore at the 30 Oct 2026 close. The step follows Omaxe's intimation of 26 Oct 2026 about the proposed incorporation.
The company's Q2 FY27 results, filed on 27 Oct 2026, showed a consolidated net loss of ₹25.55 crore on total income of ₹613.91 crore.
What the subsidiary means for Omaxe's shareholders
The initial capital is nominal, at ₹1 lakh for 100% of the subsidiary's equity. The filing does not say how the subsidiary will be funded beyond that subscription, which PPP projects or locations it will pursue, when it will start operations, or who its directors are.
The filing gives no next dated step for the subsidiary's operations.
At a glance
| Item | Detail |
|---|---|
| Subsidiary | Omaxe Lucknow Bus Terminal Private Limited |
| Incorporated | 30 Oct 2026 |
| Initial capital | ₹1 lakh for 10,000 equity shares of ₹10 each |
| Holding | 100% by Omaxe Limited |
| Stated business | Real estate-related activities, particularly PPP projects |
Filed with BSE on . Reference: Original filing (PDF)
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