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Macrotech Developers IPO subscribed 35% - Vimarsana News

Macrotech Developers IPO subscribed 35%

The issue received bids for 1.26 crore shares as against 3.64 crore shares on offer. The initial public offer (IPO) of Macrotech Developers received bids for 1.26 crore shares as against 3.64 crore shares on offer, according to the stock exchange data at 17:00 IST on Thursday (8 April 2021). The issue was subscribed 0.35 times. The issue opened for bidding on Wednesday, 7 April 2021 2021, and it will close on Friday, 9 April 2021. The price band for the IPO is set at Rs 483-486 per share. An investor can bid for a minimum of 30 equity shares and in multiples thereof. The issue comprises of f...

Macrotech Developers raises Rs 740 crore from anchor investors ahead of IPO - Vimarsana News

Macrotech Developers raises Rs 740 crore from anchor investors ahead of IPO

Macrotech Developers raises Rs 740 crore from anchor investors ahead of IPO Representational image/IPO Realty major Macrotech Developers Ltd, erstwhile Lodha Developers, on Tuesday raised Rs 740 crore from anchor investors, ahead of its initial public offer (IPO) that will hit the capital market on Wednesday. Mumbai-based Macrotech has raised Rs 740 crore from 14 anchor investors, the company said in a regulatory filing. The company informed that it has allocated 1.52 crore shares at Rs 486 per scrip to anchor investors. The price band was fixed at Rs 483-486 per share. As many as 12 foreig...

Lodha Developers IPO, Lodha Developers IPO price, Lodha Developers IPO review, Lodha Developers IPO GMP - Vimarsana News

Lodha Developers IPO, Lodha Developers IPO price, Lodha Developers IPO review, Lodha Developers IPO GMP

URL copied Lodha Developers IPO opens for subscription today The IPO of realty major Macrotech Developers Ltd, erstwhile Lodha Developers, will open for subscription on Wednesday. The Mumbai-based firm raised Rs 740 crore from 14 anchor investors ahead of its initial public offer. The company informed that it has allocated 1.52 crore shares at Rs 486 per scrip to anchor investors. The price band was fixed at Rs 483-486 per share. As many as 12 foreign portfolio investors participated in the anchor. Macrotech Developers will raise Rs 2,500 crore through fresh issue of shares. The iss...

Macrotech Developers IPO opens today: Should you subscribe to the issue? - Vimarsana News

Macrotech Developers IPO opens today: Should you subscribe to the issue?

Macrotech Developers IPO opens today: Should you subscribe to the issue? Macrotech Developers IPO: On April 6, the realty firm raised Rs 740 crore from 14 anchor investors including global long only, pension funds, sovereign wealth funds multi-strategy and domestic mutual funds BusinessToday.In | April 7, 2021 | Updated 10:08 IST Macrotech Developers IPO: Allotment of shares is likely to be done on April 16, 2021 and the stock is expected to make its market debut on April 22 Macrotech Developers Ltd, earlier known as Lodha Developers  will launch its Rs 2,500 crore initial public offering (...

Macrotech Developers IPO Subscribed 26% On First Day Of Issue - Vimarsana News

Macrotech Developers IPO Subscribed 26% On First Day Of Issue

Macrotech Developers IPO Subscribed 26% On First Day Of Issue Macrotech Developers IPO Subscribed 26% On First Day Of Issue Macrotech Developers, formerly known as Lodha Developers is planning to raise Rs 2,500 crore via IPO and is selling shares in the price band of Rs 483-486 per share. Macrotech was founded by billionaire Mangal Prabhat Lodha in Mumbai. Macrotech Developers share sale via initial public offering (IPO) was subscribed 26 per cent on the first day of the issue, data from the National Stock Exchange showed. Macrotech Developers received 95,91,420 bids for 3,64,18,219 share...

Source: ndtv.com