IPO Snapshot

Macrotech Developers Ltd.
Issue Open Date 07-Apr-21  
Issue Closing Date 09-Apr-21  
Application Money 100  
Allotment Money  
Price Band (Rs.) 483 - 486  
Minimum Bid Quantity. 30  
Issue Size (Shares) 51759834  
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.

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, we have residential projects in the MMR and Pune. In 2019, we forayed into the development of logistics andindustrial parks and en...

Promoter's Holding
Total Share Capital   395878000  
Offered to Public   51440328  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)    
Address
Address :412
Floor- 4
17 G Vardhaman Chamber
Cawasji Patel Road
Horniman Circle
Fort
City :Mumbai , State :Maharashtra Pincode :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
Axis Capital Ltd.
BOB Capital Markets Ltd
Edelweiss Financial Services Ltd
ICICI Securities Ltd
IIFL Securities Ltd.
JM Financial Ltd.
JP Morgan India Pvt Ltd
Kotak Mahindra Capital Co Ltd
SBI Capital Markets Ltd
Yes Securities (India) Ltd.
Promoters
Abhishek Mangal Prabhat Lodha
Rajendra Narpatmal Lodha
Sambhavnath Infrabuild And Sambhavnath Trust