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

Macrotech Developers raises Rs 740 cr from anchor investors ahead of 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 foreign portfolio investors participated in the anchor. The FPIs are Capital Group; Nomura; Ivanhoe Cambri...

Macrotech Developers raises 740 Cr from 14 Anchor Investors - Vimarsana News

Macrotech Developers raises 740 Cr from 14 Anchor Investors

Macrotech Developers raises 740 Cr from 14 Anchor Investors Posted On: 2021-04-06 10:21:22 (Time Zone: Arizona, USA) Affordable and Mid Income Housing focused Macrotech Developers Limited also known as Lodha Developers has raised Rs. 740 crore from 14 anchor investors. The company informed the bourses that it has allocated 1.52 Cr shares at Rs. 486 per share on Tuesday, April 6, 2021 to anchor investors. 12 Foreign Portfolio Investors who participated in the anchor were Capital Group; Nomura; Ivanhoe Cambridge, real estate arm of CDPQ; Wellington Asset Management,; Abu Dhabi Investment A...

Shriram Properties may file IPO document with Sebi this week to raise up to Rs 800 cr - Vimarsana News

Shriram Properties may file IPO document with Sebi this week to raise up to Rs 800 cr

: Tuesday, April 6, 2021, 11:30 PM IST Shriram Properties may file IPO document with Sebi this week to raise up to Rs 800 cr The company plans to give partial exits to its four existing investors -- TPG Capital, Tata Capital, Walton Street Capital and Starwood Capital -- which hold around 58 per cent stake in the company. Anupam Rasayan raised Rs 225 crore from 15 anchor investors: Know about the company before investing in its IPO Bengaluru-based Shriram Properties may file a draft document this week with market regulator Sebi for its proposed initial public offer (IPO) to raise up to Rs 80...

Market Ahead, April 5: Top factors that could guide markets this week - Vimarsana News

Market Ahead, April 5: Top factors that could guide markets this week

After two consecutive weeks of decline, markets witnessed a strong rebound and gained over two per cent, in the holiday-shortened week. This week, the markets are likely to focus on the RBI policy meet outcome, macroeconomic data and development on the Covid front. Global cues are also expected to guide market trajectory. That apart, analysts believe, the markets may see some consolidation ahead of the earnings season which would start from mid-April. First and foremost, markets could react to the fast-rising Covid cases in the country and especially in Maharashtra, following which the sta...

Lodha's Rs 2,500 crore IPO opens April 7 - Vimarsana News

Lodha's Rs 2,500 crore IPO opens April 7

Lodha’s Rs 2,500 crore IPO opens April 7 Top Searches Lodha’s Rs 2,500 crore IPO opens April 7 TNN / Updated: Apr 5, 2021, 08:48 IST FacebookTwitterLinkedinEMail (Representative image) MUMBAI: Macrotech Developers (formerly Lodha Developers) is launching the second-largest real estate sector IPO in India on Wednesday through which the city-based company is targeting to raise Rs 2,500 crore. The IPO will be open between April 7 and 9, and the price band is set at Rs 483-486 per share. At the upper end of the IPO price band, Macrotech will have a market capitalisation of about Rs 21,750 cr...