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India: Macrotech Developers IPO subscribed 26% on first day of issue - Vimarsana News

India: Macrotech Developers IPO subscribed 26% on first day of issue

India: Macrotech Developers IPO subscribed 26% on first day of issue April 8, 2021 The ₹2500 crore initial public offer of Macrotech Developers was subscribed 26% on the first day of the issue. Macrotech Developers received 9.59 million bids for 36.42 million shares on offer. Qualified institutional buyers portion was subscribed 58% and non-institutional investors portion was subscribed 11%. Retail investors and employees portion was subscribed 15% and 1% respectively. On Tuesday, Macrotech Developers raised ₹740 crore from 14 anchor investors. Analysts at Reliance Securities in an IP...

Macrotech Developers IPO subscribed 26% on day 1- Business News - Vimarsana News

Macrotech Developers IPO subscribed 26% on day 1- Business News

Macrotech Developers IPO subscribed 26% on day 1 Macrotech Developers IPO received bids for 95.91 lakh equity shares, subscription data on exchanges showed. The portion reserved  for retail investors was subscribed 15 percent BusinessToday.In | April 8, 2021 | Updated 10:07 IST Macrotech Developers Ltd, earlier known as Lodha Developers, launched their IPO on April 7. The firm plans to raise Rs 2,500 crore through the share sale which will end on April 9. The initial public offer (IPO) of Macrotech Developers, one of India's largest real estate players , was subscribed 26 per cent on the fi...

IPO Review - Macrotech Developers Ltd - ICICI Direct - Vimarsana News

IPO Review - Macrotech Developers Ltd - ICICI Direct

IPO Review - Macrotech Developers Ltd - ICICI Direct Posted On: 2021-04-06 22:16:33 (Time Zone: Arizona, USA) Macrotech Developers Ltd (MDL), incorporated as Lodha Developers Pvt Ltd on September 25, 1995, is one of the largest real estate developers in India by residential sales value for FY14-20. Its core business is residential real estate development with a focus on affordable and mid-income housing. Currently, it has residential projects in the MMR and Pune. In 2019, the company had forayed into the development of logistics and industrial parks and entered into a joint venture with ...

IRB Infra wins Rs 828 crore highway project from NHAI in Himachal Pradesh - Vimarsana News

IRB Infra wins Rs 828 crore highway project from NHAI in Himachal Pradesh

IRB Infra wins Rs 828 crore highway project from NHAI in Himachal Pradesh SECTIONS Last Updated: Apr 01, 2021, 03:29 PM IST Share Synopsis At present, IRB Group's portfolio (including Private and Public InvIT) has 23 projects that include 19 BOT, 1 TOT (toll operate transfer) and 3 HAM (hybrid annuity mode) projects. IRB Infrastructure Developers Ltd (IRB) on Thursday said it has received a letter of award from National Highways Authority of India (NHAI) for a Rs 828 crore project in Himachal Pradesh. On receipt of the award, the company's order book stands at Rs 14,509 crore. "The company ...

Sharda Cropchem Ltd leads gainers in 'A' group - Vimarsana News

Sharda Cropchem Ltd leads gainers in 'A' group

General Insurance Corporation of India, Astra Microwave Products Ltd, IRB Infrastructure Developers Ltd and Dalmia Bharat Ltd are among the other gainers in the BSE's 'A' group today, 17 March 2021. General Insurance Corporation of India, Astra Microwave Products Ltd, IRB Infrastructure Developers Ltd and Dalmia Bharat Ltd are among the other gainers in the BSE's 'A' group today, 17 March 2021. Sharda Cropchem Ltd surged 13.95% to Rs 336.05 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 86874 shares were traded on the counter so far as against the average d...