Macrotech Developers Limited (Lodha Developers) IPO

Opening Date 07 Apr 2021
Closing Date 09 Apr 2021
Minimum Quantity 30
Price Range 483 – 486
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Macrotech Developers Formerly known as Lodha Developers IPO to hit the market on 7 April 2021 and closes on 9 April 2021. It will be one of the biggest IPO after DLF which was the top in initial public offer in 2017. The second largest in term of the fund raise Lodha Developers IPO is coming soon. The company has a value around Rs.38000 crores as per market sources. The company is based in Mumbai incorporated in 1995. Lodha Developers are one of the well known real estate developers in India. They are developers of residential and commercial buildings. They already developed numbers of building and residential schemes. Lodha Developers price band is fixed at ₹483-486. The minimum lot size is 30 shares and the maximum lot size is 390 shares. The retail portion of the IPO is 35% while QIB is 50% and NII is 15%. Macrotech Developers IPO aka Lodha Developers IPO to list on NSE and BSE both the indices. Lodha Developers Projects: Here are some of the affordable and mid-income housing projects by Macrotech Developers aka Lodha Developers. 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) Casa Maxima (Mira Road)

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