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May 6, 2021
Read more about Indices see positive start; breadth strong on Business Standard. Key benchmark indices are trading higher in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 47.12 points or 0.1% at 48,724.67. The Nifty 50 index was up 28.30 points or 0.19% at
May 5, 2021
NEW DELHI, May 5: Realty major Macrotech Developers' sales bookings rose 72 per cent year-on-year to Rs 2,013 crore in the fourth quarter of the last
April 20, 2021
Morning News Call - India, April 20 Reuters 3 hrs ago (Morning News Call - India edition will not be published on Wednesday, April 21, on account of the Ram Navami holiday) To access a PDF version of this newsletter, please click here https://share.refinitiv.com/assets/newsletters/Indiamorning/MNC_IN_04202021.pdf If you would like to receive this newsletter via email, please register at: https://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH • 11:00 am: ...
April 16, 2021
COVID-19 hits the markets, realty already has its own problems In addition to the second wave of COVID-19 dampening the market sentiment, analysts are concerned about how Macrotech Developers will be able to persevere through the tough times. This is because while other sectors are facing the brunt of the pandemic as well, realty is seeing its worst slow down in five years. Moreover, the nature of the realty industry is capital intensive, and the company has a lot of debt on its plate — ...
April 15, 2021
The basis of allotment for the ₹2,500 crore IPO of Marcotech Developers is set to be announced tomorrow on April 16.The IPO saw muted demand being subscribed
April 14, 2021
Macrotech Developers IPO: Heres How To Check Allotment Status Macrotech Developers, founded by Mangal Prabhat Lodha in Mumbai, is primarily engaged in affordable residential real estate Updated: April 14, 2021 2:02 pm IST Macrotech Developers IPO: The shares are likely to be listed on the BSE and NSE on April 22, 2021 Macrotech Developers (formerly Lodha Developers) is likely to finalise its basis of allotment on Friday, April 16, 2021. The Rs 2,500-crore IPO, which was open between April 7...
April 7, 2021
Bank, IT stocks lift Sensex 460 points as RBI promises cheap money supply SECTIONS Share Synopsis The domestic market was invigorated by the RBI’s long-term dovish stance to maintain an easy money policy till the economy reverts to normalcy. Sensex rallies 460 pts after RBI holds rates, Nifty ends above 14,800 Related NSE Explore Now NEW DELHI: Equity benchmarks climbed higher on Wednesday as bulls shrugged off a continuous increase in Covid-19 cases thanks largely to the guarantee of easy mo...
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 1, 2021
Macrotech Developers Limited IPO to open on April 7, 2021, closes on April 9, 2021 Posted On: 2021-04-01 04:54:32 (Time Zone: Arizona, USA) Macrotech Developers Limited (erstwhile Lodha Developers Limited), a Mumbai based real estate developer will open the bid/offer period in relation to its initial public offering of Equity Shares (the "Issue"/ "IPO") on Wednesday, April 7, 2021 and close on Friday, April 9, 2021. The price band for the offer has been determined at Rs. 483 - Rs. 486 per ...
February 17, 2021
MUMBAI: Mumbai-based realtor Macrotech Developers or erstwhile Lodha Developers is looking to raise up to Rs 2,500 crore by diluting 10% stake in the company through an initial public offer (IPO) in the next few months. For the proposed share sale, India’s largest real estate developer by residential sales has filed its draft red herring prospectus (DRHP) with the capital market regulator late Tuesday. This is the third time the developer is proposing to take the company public with a share s...