Hubtown
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Hubtown Ltd said its equity shareholders and unsecured creditors have approved two schemes of arrangement to merge Saicharan Consultancy Private Limited and 25 West Realty Private Limited into the company. The Saicharan merger will give Hubtown full ownership of a 21.17% stake in its subsidiary Rare Townships, which is developing the Rising City project in Ghatkopar. Shareholders of Saicharan will receive 648 Hubtown shares for each share held. The 25 West merger brings a super-luxury residential project in Bandra West, expected to generate total revenue of about ₹6,000 crore. The exchange ratio is 42 Hubtown shares for each 25 West share. Both schemes remain subject to final sanction by the National Company Law Tribunal.
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Hubtown Ltd said its equity shareholders and unsecured creditors have approved two schemes of arrangement to merge Saicharan Consultancy Private Limited and 25 West Realty Private Limited into the company. The Saicharan merger will give Hubtown full ownership of a 21.17% stake in its subsidiary Rare Townships, which is developing the Rising City project in Ghatkopar. Shareholders of Saicharan will receive 648 Hubtown shares for each share held. The 25 West merger brings a super-luxury residential project in Bandra West, expected to generate total revenue of about ₹6,000 crore. The exchange ratio is 42 Hubtown shares for each 25 West share. Both schemes remain subject to final sanction by the National Company Law Tribunal.
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Feb 13 (Reuters) - Hubtown Ltd HUBT.NS:
HUBTOWN LTD - TO RAISE UP TO 6 BILLION RUPEES
Source text: ID:nBSE5fHZdg
Further company coverage: HUBT.NS
(([email protected];))
Feb 13 (Reuters) - Hubtown Ltd HUBT.NS:
HUBTOWN LTD - TO RAISE UP TO 6 BILLION RUPEES
Source text: ID:nBSE5fHZdg
Further company coverage: HUBT.NS
(([email protected];))
Feb 10 (Reuters) - Hubtown Ltd HUBT.NS:
TAX DEPARTMENT INITIATED SEARCH AND SEIZURE OPERATION AT OFFICE OF CO
OPERATION COMMENCED ON FEB 9, 2026 AND AS ON DATE IS ON-GOING
Further company coverage: HUBT.NS
(([email protected];))
Feb 10 (Reuters) - Hubtown Ltd HUBT.NS:
TAX DEPARTMENT INITIATED SEARCH AND SEIZURE OPERATION AT OFFICE OF CO
OPERATION COMMENCED ON FEB 9, 2026 AND AS ON DATE IS ON-GOING
Further company coverage: HUBT.NS
(([email protected];))
Aug 12 (Reuters) - Hubtown Ltd HUBT.NS:
HUBTOWN LTD - COMPANY CONSIDERS RAISING FUNDS THROUGH EQUITY SHARES
Source text: ID:nBSENbx8T
Further company coverage: HUBT.NS
(([email protected];;))
Aug 12 (Reuters) - Hubtown Ltd HUBT.NS:
HUBTOWN LTD - COMPANY CONSIDERS RAISING FUNDS THROUGH EQUITY SHARES
Source text: ID:nBSENbx8T
Further company coverage: HUBT.NS
(([email protected];;))
March 17 (Reuters) - Hubtown Ltd HUBT.NS:
CONSIDER PROPOSAL FOR MERGER OF 25 WEST REALTY WITH CO
TO EXPLORE ACQUISITION OF NEW PROJECTS
TO CONSIDER RAISING FUNDS THROUGH VARIOUS MODES
Source text: [ID:]
Further company coverage: HUBT.NS
(([email protected];;))
March 17 (Reuters) - Hubtown Ltd HUBT.NS:
CONSIDER PROPOSAL FOR MERGER OF 25 WEST REALTY WITH CO
TO EXPLORE ACQUISITION OF NEW PROJECTS
TO CONSIDER RAISING FUNDS THROUGH VARIOUS MODES
Source text: [ID:]
Further company coverage: HUBT.NS
(([email protected];;))
Dec 18 (Reuters) - Hubtown Ltd HUBT.NS:
HUBTOWN - AGREEMENT BY, BETWEEN RARE TOWNSHIPS, GOPANI REALTY LLP
HUBTOWN - AGREEMENT FOR DEVELOPMENT OF WING A-6 OF PROJECT IN MUMBAI
Source text: ID:nBSE4XT2Xn
Further company coverage: HUBT.NS
(([email protected];))
Dec 18 (Reuters) - Hubtown Ltd HUBT.NS:
HUBTOWN - AGREEMENT BY, BETWEEN RARE TOWNSHIPS, GOPANI REALTY LLP
HUBTOWN - AGREEMENT FOR DEVELOPMENT OF WING A-6 OF PROJECT IN MUMBAI
Source text: ID:nBSE4XT2Xn
Further company coverage: HUBT.NS
(([email protected];))
Jan 31 (Reuters) - Hubtown Ltd HUBT.NS:
APPROVED SCHEME OF AMALGAMATION OF VINCA DEVELOPER, RUBIX TRADING INTO CITYGOLD EDUCATION RESEARCH
Further company coverage: HUBT.NS
(([email protected];))
Jan 31 (Reuters) - Hubtown Ltd HUBT.NS:
APPROVED SCHEME OF AMALGAMATION OF VINCA DEVELOPER, RUBIX TRADING INTO CITYGOLD EDUCATION RESEARCH
Further company coverage: HUBT.NS
(([email protected];))
Jan 25 (Reuters) - Hubtown Ltd HUBT.NS:
APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 700 MILLION RUPEES
APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
Source text for Eikon: ID:nBSE7jmlc0
Further company coverage: HUBT.NS
(([email protected];))
Jan 25 (Reuters) - Hubtown Ltd HUBT.NS:
APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 700 MILLION RUPEES
APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
Source text for Eikon: ID:nBSE7jmlc0
Further company coverage: HUBT.NS
(([email protected];))
Adds comments from Canadian Pacific
OTTAWA, June 7 (Reuters) - A federal judge in Canada has ruled that Canadian Pacific Kansas City Ltd was in contempt of court for forcing train crews to work excessively long hours in violation of a court order, the Teamsters Canada union said on Wednesday.
The penalties will be determined in a separate hearing, the union said in a statement.
A spokesman for the company said it disagreed with the decision and would be filing an appeal.
The Teamsters union had argued that the company should face contempt fines for making its conductors and locomotive engineers stay late despite an arbitrator's decision that duty ended when their shifts did.
The case was filed in 2019. In March of this year, a U.S. regulator approved Canadian Pacific's $31 billion acquisition of railroad company Kansas City Southern to create Canadian Pacific Kansas City Ltd.
(Reporting by David Ljunggren and Ismail Shakil; Editing by Mark Porter)
(([email protected]; +1 647 480 7891;))
Adds comments from Canadian Pacific
OTTAWA, June 7 (Reuters) - A federal judge in Canada has ruled that Canadian Pacific Kansas City Ltd was in contempt of court for forcing train crews to work excessively long hours in violation of a court order, the Teamsters Canada union said on Wednesday.
The penalties will be determined in a separate hearing, the union said in a statement.
A spokesman for the company said it disagreed with the decision and would be filing an appeal.
The Teamsters union had argued that the company should face contempt fines for making its conductors and locomotive engineers stay late despite an arbitrator's decision that duty ended when their shifts did.
The case was filed in 2019. In March of this year, a U.S. regulator approved Canadian Pacific's $31 billion acquisition of railroad company Kansas City Southern to create Canadian Pacific Kansas City Ltd.
(Reporting by David Ljunggren and Ismail Shakil; Editing by Mark Porter)
(([email protected]; +1 647 480 7891;))
April 27 (Reuters) - Hubtown Ltd HUBT.NS:
MADE FULL AND FINAL PAYMENT OF DUES TO INTERNATIONAL ASSET RECONSTRUCTION COMPANY
Further company coverage: HUBT.NS
(([email protected];))
April 27 (Reuters) - Hubtown Ltd HUBT.NS:
MADE FULL AND FINAL PAYMENT OF DUES TO INTERNATIONAL ASSET RECONSTRUCTION COMPANY
Further company coverage: HUBT.NS
(([email protected];))
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Popular questions
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What does Hubtown do?
Hubtown Limited, formerly Akruti City Limited, is a leading real estate company in India with a focus on Western India. It engages in executing and developing real estate projects encompassing residential, commercial premises, and BOT projects.
Who are the competitors of Hubtown?
Hubtown major competitors are Elpro International, Arvind Smartspaces, Marathon NextgenReal, Ajmera Realty&Infra, Kolte-Patil Develop., Alembic, TARC. Market Cap of Hubtown is ₹2,897 Crs. While the median market cap of its peers are ₹2,773 Crs.
Is Hubtown financially stable compared to its competitors?
Hubtown seems to be less financially stable compared to its competitors. Altman Z score of Hubtown is 1.58 and is ranked 5 out of its 8 competitors.
Does Hubtown pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Hubtown latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Hubtown allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances
How strong is Hubtown balance sheet?
Hubtown balance sheet is weak and might have solvency issues
Is the profitablity of Hubtown improving?
Yes, profit is increasing. The profit of Hubtown is ₹168 Crs for TTM, ₹46.58 Crs for Mar 2025 and -₹85.46 Crs for Mar 2024.
Is the debt of Hubtown increasing or decreasing?
Yes, The net debt of Hubtown is increasing. Latest net debt of Hubtown is ₹868 Crs as of Mar-26. This is greater than Mar-25 when it was ₹412 Crs.
Is Hubtown stock expensive?
Hubtown is not expensive. Latest PE of Hubtown is 19.51, while 3 year average PE is 21.43. Also latest EV/EBITDA of Hubtown is 24.65 while 3yr average is 28.36.
Has the share price of Hubtown grown faster than its competition?
Hubtown has given better returns compared to its competitors. Hubtown has grown at ~52.98% over the last 5yrs while peers have grown at a median rate of 29.5%
Is the promoter bullish about Hubtown?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 33.17% and last quarter promoter holding is 32.84%.
Are mutual funds buying/selling Hubtown?
There is Insufficient data to gauge this.