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Macrotech Developers Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹486
Issue Price
₹486
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹486
GMP based
Lot Size
30
shares / lot
Min Amount
₹14,580
1 lot · 30 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
07 Apr 2021
Wed Completed
Done
Close Date
09 Apr 2021
Fri Completed
Done
Allotment
16 Apr 2021
Fri Completed
Done
Refund
19 Apr 2021
Mon Completed
Done
Demat Credit
20 Apr 2021
Tue Completed
Done
Listing Date
19 Apr 2021
Mon Completed
UPI Deadline: 09 Apr 2021
Issue Details
Pricing & Size
Issue Price
₹486 Face ₹10
Lot Size
30 shares
Min Investment
₹14,580
Total Issue Size
5,14,40,328 shares (aggregating up to ₹2,500.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
2,54,11,522 (49.40%)
NII / HNI
76,23,457 (14.82%)
Retail
1,77,88,066 (34.58%)
Employee
6,17,283 (1.20%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
39,58,78,000 shares
Post-Issue Shareholding
44,73,18,328 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 30 ₹14,580
HNI / NII 14 420 ₹2,04,120
bHNI / bNII 69 2,070 ₹10,06,020
Objects of Issue
3 objectives
1
1 Reduction of the aggregate outstanding borrowings of our Company on a consolidated basis
1,500.00 Cr
2
2 Acquisition of land or land development rights
375.00 Cr
3
3 General corporate purposes
532.77 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Axis Capital Ltd.
BOB Capital Markets Ltd.
Edelweiss Financial Services Ltd.
ICICI Securities Ltd.
IIFL Capital Services Ltd.
JP Morgan India Pvt.Ltd.
JM Financial Ltd.
Kotak Mahindra Capital Co.Ltd.
SBI Capital Markets Ltd.
YES Securities (India) Ltd.
IPO Timeline
Open
07 Apr
✓ Done
Close
09 Apr
✓ Done
Allotment
16 Apr
✓ Done
Listing
19 Apr
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
macrotech.ipo@linkintime.co.in
Company Contact
Email
investorrelations@lodhagroup.com
Phone
+91 22 2302 4400
Address
412, Floor -4, 17G, Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort, Mumbai, Maharashtra, 400001
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹486
Est. Listing
₹486
Lot Size
30 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Macrotech Developers Ltd. LIVE
INR ·
vs Issue
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P/E
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| Price
Market Reference
IPO Issue Price
₹486
GMP
+₹0 (+0%)
GMP Est. Listing
₹486
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 2,54,11,522 (49.40%) ₹123,500.00 Cr
NII / HNI (Total) 76,23,457 (14.82%) ₹37,050.00 Cr
Retail Investors 1,77,88,066 (34.58%) ₹86,450.00 Cr
Employee 6,17,283 (1.20%) ₹300.00 Cr
Total ** 5,14,40,328 (100.00%) ₹2,499,999.95 Cr
* Based on ₹486.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
2,54,11,522 (49.40%)
NII
76,23,457 (14.82%)
Retail
1,77,88,066 (34.58%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31-Dec-2031-Mar-2031-Mar-19
Revenue3160.4912560.9911978.87
PAT264.30744.841643.98
EBITDA
Net Worth
Total Assets40594.6240692.5649863.94
Reserves
Borrowings
About Macrotech Developers Ltd.

Incorporated in 1995, Macrotech Developers [Formerly known as Lodha Developers] is the largest real estate developer in India. The company is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.

Palava (Navi Mumbai, Dombivali Region), Upper Thane (Thane outskirts), Amara (Thane), Lodha Sterling (Thane), Lodha Luxuria (Thane), Crown Thane (Thane), Bel Air (Jogeshwari), Lodha Belmondo (Pune), Lodha Splendora (Thane) and Casa Maxima (Mira Road) are some of its affordable and mid-income housing projects. Company generates maximum revenue from this segment as in the fiscal 2020, the revenue from this segment accounted for 57.77%.

Under the logistic and industrial park portfolio, it has planned to develop an industrial park of over 800 acres of land near Palava. However, the commercial real estate portfolio includes projects like corporate offices, IT campuses, and boutique office spaces. As on Dec 31 2020, the firm has successfully completed 91 projects comprising 77.22 million sq. ft. of developable area, with 59.13 million sq. ft. in the affordable housing segment.

Competitive Strengths

  • Largest residential real estate developer in India.
  • Strong sales distribution network across India as well as NRI markets i.e. GCC, UK, Singapore, and US.
  • Brand equity and premium pricing.
  • Strong project execution capabilities.
  • Experienced management team.
Frequently Asked Questions
What is the issue price of Macrotech Developers Ltd. IPO?
The issue price of Macrotech Developers Ltd. IPO is ₹486 per share, face value ₹10.
What is the lot size?
Minimum lot size is 30 shares, requiring ₹14,580.
What are the IPO dates?
Opens 07 Apr 2021, closes 09 Apr 2021.
When is the listing date?
Tentative listing: 19 Apr 2021 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹486 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Macrotech Developers Ltd. IPO · Expected 16 Apr 2021

Check on Registrar
Post-IPO Timeline
Allotment Date
16 Apr 2021
Refund Initiation
19 Apr 2021
Demat Credit
20 Apr 2021
Listing Date
19 Apr 2021
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹486
Face ₹10
Lot Size
30
shares / lot
Min Amount
₹14,580
1 lot
Est. Listing
₹486
GMP +₹0
Key Dates
Open
07 Apr Done
Close
09 Apr Done
Listing
19 Apr Done
Registrar
MUFG Intime India Pvt.Ltd.
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