Macrotech Developers IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Macrotech Developers
- Important Details – Macrotech Developers
- Macrotech Developers – LODHA IPO Price – Details
- Objects of the Issue
- Macrotech Developers IPO Lot Size
- Macrotech Developers IPO Lead Managers
- Macrotech Developers Registrar
- Macrotech Developers IPO DRHP & RHP
- Macrotech Developers IPO Allotment Date, Listing Date and other Important Dates
- Macrotech Developers IPO – FAQS
About Macrotech Developers
Macrotech Developers Limited is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020. The core business is residential real estate developments with a focus on affordable and mid-income housing.
Currently, the company has residential projects in the MMR and Pune. In 2019, they forayed into the development of logistics and industrial parks and entered into a joint venture with ESR Mumbai 3 Pte. Limited (“ESR”), a subsidiary of ESR Cayman
Limited, an Asia Pacific focused logistics real estate platform. The company also develop commercial real estate, including as part of mixed-use developments in and around our core residential projects
Important Details – Macrotech Developers
| Date | Details |
|---|---|
| September 25, 1995 | Macrotech Developers Limited was incorporated as ‘Lodha Developers Private Limited’ in the state of Maharashtra at Mumbai as a private limited company |
| August 10, 2009 | The company was converted into a public limited company, the change in the name of the Company to ‘Lodha Developers Limited’. |
| January 11, 2013 | The Company was converted into a private limited company and name of the Company changed to ‘Lodha Developers Private Limited’. |
| March 14, 2018 | The Company was converted into a public limited company and name of the Company changed to ‘Lodha Developers Limited’. |
| May 14, 2019 | The name of the Company was changed to ‘Macrotech Developers Limited’ |
Macrotech Developers – LODHA IPO Price – Details
| Description | Details |
|---|---|
| Public Issue | Initial Public offer of Equity Shares aggregating upto Rs. 25,000 million |
| Issue Period | 07-Apr-2021 to 09-Apr-2021 |
| Issue Type | 100% Book Building |
| IPO Price Band | ₹ 483 – ₹ 486 |
| Face Value | ₹ 10 |
| Market Lot | 30 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 30 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | LODHA |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Objects of the Issue
- Reduction of the aggregate outstanding borrowings of our Company on a consolidated basis;
- Acquisition of land or land development rights; and
- General corporate purposes.
Macrotech Developers IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 30 | 14580 |
| Maximum | 13 | 390 | 189540 |
Macrotech Developers IPO Lead Managers
- Axis Capital Limited
- J.P. Morgan India Private Limited
- Kotak Mahindra Capital Company Limited
- ICICI Securities Limited
- Edelweiss Financial Services Ltd
- IIFL Securities Limited
- JM Financial Consultants Private Limited
- Yes Securities (India) Limited
- SBI Capital Markets Limited
- BOB Capital Markets Limited
Macrotech Developers Registrar
Macrotech Developers IPO DRHP & RHP
Macrotech Developers IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 07-Apr-21 |
| Bid / Offer Closes on | 09-Apr-21 |
| Finalisation of Basis of Allotment | 16-Apr-21 |
| Initiation of refunds | 19-Apr-21 |
| Credit of the Equity Shares | 20-Apr-21 |
| Commencement of trading – Listing | 22-Apr-21 |
Macrotech Developers IPO – FAQS
When Macrotech Developers IPO will open ?
The Macrotech Developers IPO opens on Apr 07, 2021 and closes on Apr 09, 2021
What is the lot size of Macrotech Developers IPO ?
Macrotech Developers IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.
What is the price band for Macrotech Developers IPO ?
The Macrotech Developers IPO price band at Rs 483 to Rs. 486
Who is the Registrar for Macrotech Developers IPO ?
The Registrar is Link Intime India Private Ltd
How to apply in Macrotech Developers IPO through UPI?
Check the step by step process here – Click here