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MOBILE TRADING APPLICATION
IPO
IPO Snapshot
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Macrotech Developers Ltd.
Issue Open Date 07-Apr-21  
Issue Closing Date 09-Apr-21  
Application Money 100  
Allotment Money  
Price Band 483 - 486  
Minimum Bid Quantity. 30  
Issue Size (Shares) 51440328  
Market Lot 1  
Objective :
1. Reduction of the aggregate outstanding borrowings of our Company on a consolidated basis.2. Acquisition of land or land development rights.3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   7670808   11030400   1.44  
Qualified Institutional Buyers   10227742   31146270   3.05  
Retail Individual Investors   10227742   31146270   3.05  
Business Description
We are one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020. (Source:Anarock Report) Our core business is residential real estate developments with a focus on affordable and mid-income housing.Currently, ...
Promoter's Holding
Total Share Capital   395878000  
Offered to Public   51440328  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   88.5  
More
Address
412
Floor- 4
17 G Vardhaman Chamber
Cawasji Patel Road
Horniman Circle
Fort
Mumbai ,
Maharashtra ,
400001
Phone : 022-23024400
Email : shares@lodhagroup.com
Website : www.lodhagroup.com
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
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Promoters
Abhishek Mangal Prabhat Lodha
Rajendra Narpatmal Lodha
Sambhavnath Infrabuild And Sambhavnath Trust
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