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Macrotech has set a price of Rs 483-486 and the issue will run April 7-9. Macrotech Developers Ltd. will sell Rs 2,500 crore ($341 million) of shares next week in India's second-largest initial public offering from a real estate firm. This is the Mumbai-based company's third regulatory approval to list since 2009 and the latest attempt comes as it needs cash to help repay debt. Macrotech, formerly known as Lodha Developers, has set a price of Rs 483-486 and the issue will run April 7-9, according to a newspaper advertisement Thursday. A successful share sale will be key to pare the Rs 18,660 ...

Macrotech Developers is among the largest real estate developers in India by residential sales value for financial years 2014 to 2020.

Macrotech Developers Ltd, earlier known as Lodha Developers plans to launch its Rs2,500 crore initial public offering (IPO) on April 7. The three day share sale will end on April 9. Shares of the IPO are likely to be allotted on April 16, 2021 and the sto

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 equity share. The company may, in consultation with the Global Coordinators Book Running Lead Manage...

URL copied Lodha IPO to open on April 7 Realty major Lodha Developers is likely to hit the capital market on April 7 with a Rs 2,500 crore initial public offer (IPO), as it seeks to raise funds to reduce debt and future growth. Mumbai-based Lodha Developers Ltd, which has been renamed Macrotech Developers, filed the draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) last month. According to banking sources, the company has got the SEBI approval to launch its IPO. The public issue is likely to hit the capital market on April 7, they added.  This...