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IPO Status: Listed [7th Apr 2021 to 9th Apr 2021]
| IPO Issue Opening Date: | 7th Apr 2021 |
| IPO Issue Closing Date: | 9th Apr 2021 |
| IPO Issue Price: | ₹483-486 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 50.85 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹2,500 Cr. |
| Face Value: | ₹10 Per Equity Share |
| Promoter Holding Pre IPO: | 100% |
| Promoter Holding Post IPO: | TBD |
| Allotment Status: | Allotment Status |
| BSE Code: | 543287 |
| NSE Code: | LODHA |
Get important updates regarding Lodha Developers IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 16th Apr 2021 |
| Refunds Initiation* | 16th Apr 2021 |
| Credit of Shares to Demat* | 16th Apr 2021 |
| IPO Listing Date* | 19th Apr 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹483-486 |
| Market Lot: | 30 Shares |
| 1 Lot Amount: | ₹14580 |
| Min Small HNI Lots(2-10 Lakh): | 420 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Macrotech Developers (Lodha Developers), India's largest residential real estate developer is coming with an IPO of Rs. 2,500 Cr to list on the bourses. The IPO opens on 7th April and closes for subscription on 9th April. The IPO lot size (minimum order quantity) is 30 shares and price band is fixed at Rs.483-486. The face value per share is Rs. 10, floor price is 48.3 times and cap price is 48.6 times of the face value. Stay updated here to know more about Macrotech Developers IPO including business overview, financials, strengths, weaknesses, important dates, GMP, live subscription, allotment, and recommendations.
Macrotech Developers is India's largest residential real estate developer that core business activity is to develop affordable residential property for mid-income generating people. It started its operations in Mumbai but later diversified into other segments and regions in the Mumbai Metropolitan Region (MMR) and Pune. It has completed many residential real estate projects in Palava (Navi Mumbai, Dombivali Region), Upper Thane (Thane outskirts), Amara (Thane), Lodha Sterling (Thane), Lodha Luxuria (Thane), Crown Thane (Thane), Lodha Belmondo (Pune), Lodha Splendora (Thane), Casa Maxima (Mira Road), and others.
In 2019, Macrotech developers has forayed into logistic and industial parks development and it has planned to develop industrial parks in an area of 800 acres of land near Palava. It further engaged in commercial real estate development including building corporate offices, IT campuses, and boutique office spaces. Till 31 Dec 2020, it has completed 91 real estate projects.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | NULL | ₹2,500 Cr. | https://www.lodhagroup.in/ |
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | EMP | Total | |
|---|---|---|---|---|---|---|
| # of Shares Offered | 10,227,742 (28.08%) | 7,670,808 (21.06%) | 17,898,551 (49.15%) | 621,118 | 36,418,219 | |
| 1 | 7th Apr 2021 17:02 | 0.58x | 0.11x | 0.15x | 0.04x | 0.26x |
| 2 | 8th Apr 2021 17:02 | 0.65x | 0.19x | 0.25x | 0.10x | 0.35x |
| 3 | 9th Apr 2021 17:02 | 3.05x | 1.44x | 0.40x | 0.17x | 1.36x |
| Lodha Developers IPO Financials | 31-Dec-2020 | 31-Mar-2020 | 31-Mar-2019 | 31-Mar-2018 |
|---|---|---|---|---|
| Total Assets | ₹40,594.62 Cr | ₹40,692.56 Cr | ₹49,863.94 Cr | ₹47,811.28 |
| Total Income | ₹3,160.48 Cr | ₹12,560.99 Cr | ₹11,978.87 Cr | ₹13,726.57 Cr |
| Net Profit/Loss | ₹(264.30) Cr | ₹744.84 Cr | ₹1,643.98 Cr | ₹1,789.39 Cr |
Last Updated on 10-Jun-2021 12:49:32
