Macrotech Developers Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹483-₹486
- Lot size
- 30 shares
- Issue amount
- ₹2,500 cr
- Total subscription
- 0×
- Opens
- 7 Apr 2021
- Closes
- 9 Apr 2021
- Allotment
- 16 Apr 2021
- Listing
- 19 Apr 2021
Offer at a glance
Issue overview
- Issue size
- 5,14,40,328 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,490
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,580
- Issue type
- Book Built Issue IPO
- Shares before issue
- 39,58,78,000
- Shares after issue
- 44,73,18,328
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 30 | ₹14,580 |
| sHNI | 14 | 420 | ₹2,04,120 |
| bHNI | 69 | 2,070 | ₹10,06,020 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Leading Developer: India’s largest residential real estate developer.
- Wide Sales Network: Presence across India and NRI markets including GCC, UK, Singapore, and US.
- Strong Brand: High brand equity with premium pricing.
- Project Execution: Proven capabilities in delivering projects efficiently.
- Experienced Management: Guided by a skilled leadership team.
Promoters
Abhishek Mangal Prabhat Lodha
Rajendra Narpatmal Lodha
Sanbhavnath Infrabuild
Sambhavnath Trust
Registrar & documents
Lead manager
Axis Capital Limited, Bob Capital Markets Limited, Edelweiss Financial Services Limited, ICICI Securities Limited, IIFL Capital Services Limited, J.P. Morgan India Private Limited, Jm Financial Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited, Yes Securities (India) Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
412, Floor -4, 17G, Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai - 400 001
+91 22 2302 4400
[email protected]Company website ↗Understanding LODHA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.