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Residents of Mumbai-based World Crest in property tax dispute with Lodha Developers - Vimarsana News

Residents of Mumbai-based World Crest in property tax dispute with Lodha Developers

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, and cricketers, is embroiled in a property tax dispute with Lodha Developers, the builder who has cons...

Macrotech Developers to reduce debt by 24% to Rs 12,700 crore after IPO - Vimarsana News

Macrotech Developers to reduce debt by 24% to Rs 12,700 crore after IPO

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 will launch its IPO on April 7 to raise Rs 2,500 crore through a fresh issue of shares. The issue wil...

Macrotech IPO: Macrotech Developers IPO opens on April 7: All you need to know - Vimarsana News

Macrotech IPO: Macrotech Developers IPO opens on April 7: All you need to know

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 proceeds from the issue towards reduction of debt amounting up to Rs 1,500 crore, acquisition of land or ...

Macrotech Developers, Seven Islands Shipping, Dodla Dairy among six upcoming IPOs in April - Vimarsana News

Macrotech Developers, Seven Islands Shipping, Dodla Dairy among six upcoming IPOs in April

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 and Kalyan Jewellers India were listed on BSE and NSE last month. Investors will get a chance to su...

Macrotech Developers IPO: Macrotech Developers (formerly Lodha Developers) initial public offering (IPO) Likely To Open On April 7 - Vimarsana News

Macrotech Developers IPO: Macrotech Developers (formerly Lodha Developers) initial public offering (IPO) Likely To Open On April 7

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 April 9, and the shares will be issued in the price band of Rs 483-486 per share. The shares are likel...

Source: ndtv.com