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April 5, 2021
April 05, 2021 Residents said the builder had not deposited the tax money collected from them with the government. - Getty Images/iStockphoto Residents said the builder had not deposited the tax money collected from them with the government. - Getty Images/iStockphoto× The tallest residential complex is home to Bollywood actors, corporates and cricketers The Mumbai-based World Crest World Towers, India’s tallest residential complex that is home to Bollywood actors, corporates, an...
April 5, 2021
Realty major Macrotech Developers, erstwhile Lodha Developers, on Monday said it will reduce net debt by 24 per cent to Rs 12,700 crore post its initial public offer (IPO), which hits the capital market on Wednesday. Mumbai-based Macrotech Developers has sold properties worth Rs 50,000 crore in the last seven years (FY14 to FY20), making it the largest developer in terms of annual sales bookings, its Managing Director Abhishek Lodha told reporters in a virtual press conference. The company w...
April 5, 2021
NEW DELHI: The IPO of Mumbai-focused Macrotech Developers -- earlier known as Lodha Developers -- will open for subscription on Wednesday and close on Friday to raise Rs 2,500 crore from the primary market. The company has come out with the offer at a time when there is uncertainty in the market and listing gains for fresh issues have vanished. Interestingly though, the issue is priced conservatively compared to others that came in the recent times. The company proposes to utilise the net proce...
April 5, 2021
Macrotech Developers, Seven Islands Shipping, Dodla Dairy among six upcoming IPOs in April The IPO market saw several public issues last month as market saw an improvement in investor sentiment with economic parameters too indicating a revival in GDP growth BusinessToday.In | April 5, 2021 | Updated 16:11 IST Shares of Laxmi Organic Industries, MTAR Technologies, Nazara Technologies, Easy Trip Planners, Heranba Industries, Craftsman Automation, Suryoday Small Finance Bank, Anupam Rasayan India...
April 4, 2021
Macrotech Developers IPO To Open On April 7 Macrotech Developers: The IPO will remain open between April 7 and April 9, and the shares will be issued in the price band of Rs 483-486 per share Updated: April 04, 2021 10:43 am IST Macrotech Developers IPO: The shares are likely to be listed on BSE and NSE on April 22, 2021 Macrotech Developers (formerly Lodha Developers) Rs 2,500 crore initial public offering (IPO) is likely to open on April 7. The IPO will remain open between April 7 and Apr...
April 4, 2021
Dalal Street Week Ahead: Here are 10 key factors that will keep traders busy Moneycontrol 12 hours ago Sunil Matkar © Nishant Kumar Dalal Street Week Ahead: Here are 10 key factors that will keep traders busy The market clocked more than 2 percent gains in a truncated week driven by positive global cues and $2.3-tillion infrastructure package announced by the US President Joe Biden. Strong auto sales numbers and healthy buying across sectors supported the market, but the ri...
April 4, 2021
FM Logistic arm buys Rs 106 cr land in Thane Batilogistic and Lodha group have signed a Rs 106-crore deal to develop 30 acres land parcel at Palava Industrial and Logistics Park for FM Logistic India, with a total development potential of around 1 million sq ft of warehousing space. Now, register property deals online FM Logistic Indias realty arm Batilogistic has purchased 30 acres of land in Mumbai region from Lodha Developers for Rs 106 crore to develop a warehousing project. Batilogistic an...
April 4, 2021
Macrotech Developers IPO will open on April 7 and close on April 9. Shares of the IPO are likely to be allotted on April 16 and the stock is expected to make its debut on April 22
April 4, 2021
Market in trading zone(Market Watch) By Arun Kejriwal ( IANS) | Published on Sun, Apr 4 2021 14:21 IST | 24 Views Bombay Stock Exchange (BSE). (File Photo: IANS). Image Source: IANS News The short and truncated week gone by had a mere three trading days but was highly volatile. Each of the three days saw the benchmark indices move by more than 1 per cent with Tuesday, which was the first day of the week seeing a movement in excess of 2 per cent. Markets gained on two of the thre...
April 3, 2021
Macrotech Developers IPO: Challenges on the ground Bavadharini KS BL Research Bureau | Updated on April 03, 2021 The initial public offer (IPO) of Macrotech Developers, formerly known as Lodha Developers, is open for subscription between April 7 and April 9, 2021. This Mumbai-based developer is one of the largest realty players in the industry with strong presence in Mumbai Metro Regions (MMR) and Pune and good brand recognition. However, investors can give this IPO a skip for now, and can c...