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Macrotech Developers Limited IPO

Macrotech Developers Limited IPO

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Listed Price: ₹ 436.00 (-10.29%)

Macrotech Developers Limited's successfully transitioned to public market status with its listing on NSE, BSE on 19-04-2021. The IPO mobilized 5,14,40,328 Shares in cumulative capital, including TBD for corporate expansion.

The public offering was conducted within the price parameters of ₹483 to ₹486, with minimum investment lots of 30 shares. subscription activity between 07-04-2021 and 09-04-2021 demonstrated market reception to the company's valuation and growth narrative.

The allotment process concluded on 16-04-2021, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.

Macrotech Developers IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Macrotech Developers IPO Key Performance Indicator
Company Financials ( In Lakhs )

Macrotech Developers IPO About Company

Incorporated in 1995, Macrotech Developers (formerly Lodha Developers) is India’s largest real estate developer, primarily focused on affordable residential projects. It has also expanded into logistics and industrial parks as well as commercial real estate since 2019. Key residential projects include Palava (Navi Mumbai), Upper Thane, Amara, Lodha Sterling, Lodha Luxuria, Crown Thane, Bel Air, Lodha Belmondo, Lodha Splendora, and Casa Maxima, which together contributed 57.77% of revenue in FY2020. The company plans an 800-acre industrial park near Palava and develops commercial spaces such as corporate offices and IT campuses. As of December 31, 2020, Macrotech has completed 91 projects covering 77.22 million sq. ft., with 59.13 million sq. ft. in affordable housing.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Macrotech Developers IPO Strength Factors

  1. Leading Developer: India’s largest residential real estate developer.
  2. Wide Sales Network: Presence across India and NRI markets including GCC, UK, Singapore, and US.
  3. Strong Brand: High brand equity with premium pricing.
  4. Project Execution: Proven capabilities in delivering projects efficiently.
  5. Experienced Management: Guided by a skilled leadership team.

Macrotech Developers IPO Risk Factors

NA


Macrotech Developers IPO Lead Manager(s)

  • Axis Capital Limited
  • Bob Capital Markets Limited
  • Edelweiss Financial Services Limited
  • ICICI Securities Limited
  • IIFL Securities Limited
  • J.P. Morgan India Private Limited
  • Jm Financial Limited
  • Kotak Mahindra Capital Company Limited
  • SBI Capital Markets Limited
  • Yes Securities (India) Limited

Macrotech Developers IPO Promoter(s)

  1. Abhishek Mangal Prabhat Lodha
  2. Rajendra Narpatmal Lodha
  3. Sanbhavnath Infrabuild
  4. Sambhavnath Trust

Macrotech Developers IPO Company Details

Macrotech Developers Limited
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Macrotech Developers IPO Registrar

Link Intime India Private Limited
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Macrotech Developers IPO FAQs