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NEW LISTING TODAY: Macrotech Developers IPO to list today on the exchanges, Know what Investors should do

NEW LISTING TODAY: Macrotech Developers IPO to list today on the exchanges, Know what Investors should do © Provided by Zee Business Macrotech Developers IPO listing today: Zee Business Managing Editor Anil Singhvi said that Macrotech Developers received muted response from investors and hence it is difficult to tell at what price the new IPO will list as it was subscribed by 1.36 times, but that too only by the final day of bidding. Singhvi said that the IPO received poor response as it was priced on a higher side, leaving no listing gains for the Investors. Singhvi said that the Macrotech Developers is available at 15% to 20% below the issue price due to weakness in markets. Then Investors should invest as it becomes attractive for Investment.

Macrotech Developers IPO from tomorrow 07-04-2021: Issue Price, Price Band, Bid lot, and other details of Lodha Developers highlighted

Macrotech Developers IPO from tomorrow 07-04-2021: Issue Price, Price Band, Bid lot, and other details of Lodha Developers highlighted zeebizindia@gmail.com (Zee Business) © Provided by Zee Business Macrotech Developers IPO Date 07-04-2021: Macrotech Developers, known as Lodha Developers, is coming out with a Fresh Issue of Equity shares aggregating upto Rs 2500 cr. The Face value is Rs 10. The Employee Reservation is Equity Shares aggregating upto Rs 30 cr. The Price band is Rs 483 – 486 and the Bid Lot is 30 Shares and in multiple thereof. Macrotech Developers Post IPO Implied Market Capitalisation will be Rs 21621 cr – 21740 cr.  The Macrotech Developers IPO opens tomorrow, 7th April, 2021 and closes on Friday, 9th April, 2021.

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