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Macrotech Developers Ltd.

Macrotech Developers Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹486
₹486
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹486
Based on GMP
Min. Investment
₹14,580
1 lot × 30 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
07 Apr 2021
Close Date
09 Apr 2021
Allotment
16 Apr 2021
Listing Date
19 Apr 2021
Exchange
NSE & BSE
Price Band
₹486
Listing Price
See chart
Allotment Status
Price Band
₹486
Per share
Face Value
₹10 per share
 
Lot Size
30 Shares
per lot
Issue Size
5,14,40,328 shares (aggregating up to ₹2,500.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,580
1 lot
Pre-IPO Holding
39,58,78,000 shares
Promoters
Post-IPO Holding
44,73,18,328 shares
Promoters
UPI Deadline
2021-04-09
Mandate
Anchor AllotmentTue, 06 Apr 2021
Basis of AllotmentFri, 16 Apr 2021
Refund InitiationMon, 19 Apr 2021
Demat CreditTue, 20 Apr 2021
Listing DayMon, 19 Apr 2021
UPI Mandate Deadline2021-04-09
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Macrotech Developers Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Apr 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
51,440,328
100% ₹2,500.00
IPO Shares Offered
Macrotech Developers Ltd. IPO total issue size: ₹2,500.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 51,440,328 ₹2,500.00
100.00%
* Based on upper price band ₹486 per share
Lot Size & Investment
Lot Size
30
Shares per Lot
Issue Price
₹486.00
Upper Band
Min Investment
₹14,580
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)260₹29,160
Retail (Max — 13 Lots)13390₹189,540
S-HNI (Min — 14 Lots)14420₹204,120
B-HNI (Min — 69 Lots)692,070₹1,006,020
* Issue Price ₹486 × Lot Size 30 shares
IPO Schedule
Anchor
06 Apr 2021
✓ Done
IPO Open
07 Apr 2021
✓ Done
IPO Close
09 Apr 2021
✓ Done
Allotment
16 Apr 2021
✓ Done
Refunds
19 Apr 2021
✓ Done
Demat Credit
20 Apr 2021
✓ Done
Listing Day
19 Apr 2021
✓ Done
Macrotech Developers Ltd. — Live Price LIVE
₹486.00
INR · BSE
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Issue ₹486.00 Live Price
About Macrotech Developers Ltd.
Incorporated in 1995, Macrotech Developers [Formerly known as Lodha Developers] is the largest real estate developer in India. The company is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.Palava (Navi Mumbai, Dombivali Region), Upper Thane (Thane outskirts), Amara (Thane), Lodha Sterling (Thane), Lodha Luxuria (Thane), Crown Thane (Thane), Bel Air (Jogeshwari), Lodha Belmondo (Pune), Lodha Splendora (Thane) and Casa Maxima (Mira Road) are some of its affordable and mid-income housing projects. Company generates maximum revenue from this segment as in the fiscal 2020, the revenue from this segment accounted for 57.77%.Under the logistic and industrial park portfolio, it has planned to develop an industrial park of over 800 acres of land near Palava. However, the commercial real estate portfolio includes projects like corporate offices, IT campuses, and boutique office spaces. As on Dec 31 2020, the firm has successfully completed 91 projects comprising 77.22 million sq. ft. of developable area, with 59.13 million sq. ft. in the affordable housing segment.Competitive StrengthsLargest residential real estate developer in India.Strong sales distribution network across India as well as NRI markets i.e. GCC, UK, Singapore, and US.Brand equity and premium pricing.Strong project execution capabilities.Experienced management team.
Objects of the Issue
1
1 Reduction of the aggregate outstanding borrowings of our Company on a consolidated basis
2
2 Acquisition of land or land development rights
3
3 General corporate purposes
Macrotech Developers Ltd. Financials (Amount in Crore)
Revenue from Operations
₹11,978.9
31-Mar-19
₹12,561.0
31-Mar-20
₹3,160.5
31-Dec-20
Profit After Tax (PAT)
₹1,644.0
31-Mar-19
₹744.8
31-Mar-20
₹264.3
31-Dec-20
Particulars31-Dec-2031-Mar-2031-Mar-19
Revenue from Operations 3160.49 12560.99 11978.87
EBITDA N/A N/A N/A
Profit After Tax (PAT) 264.30 744.84 1643.98
Net Worth N/A N/A N/A
Total Assets 40594.62 40692.56 49863.94
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered5,14,40,328 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding39,58,78,000 shares
Post-Issue Promoter Holding44,73,18,328 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
BOB Capital Markets Ltd.
Edelweiss Financial Services Ltd.
ICICI Securities Ltd.
IIFL Capital Services Ltd.
JP Morgan India Pvt.Ltd.
JM Financial Ltd.
Kotak Mahindra Capital Co.Ltd.
SBI Capital Markets Ltd.
YES Securities (India) Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Macrotech Developers Ltd. IPO subscribed?

Macrotech Developers Ltd. IPO is subscribed 1.00 times by Apr 09, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Macrotech Developers Ltd. IPO retail subscription status?

The Macrotech Developers Ltd. IPO retail category is subscribed 1.00 times as of 09 Apr 2021. The retail portion is oversubscribed.

How to subscribe Macrotech Developers Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 07 Apr 2021 and closes 09 Apr 2021. Min investment: ₹14,580 (1 lot = 30 shares). UPI mandate: 2021-04-09.

How many times Macrotech Developers Ltd. IPO subscribed?

The Macrotech Developers Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Macrotech Developers Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Apr 2021. Refunds: on 19 Apr 2021.

When Macrotech Developers Ltd. IPO will be listed?

The Macrotech Developers Ltd. IPO listing date is 19 Apr 2021, Monday. Listed on: NSE & BSE. Issue price: ₹486. Estimated listing: ₹486. GMP: NIL.

When Macrotech Developers Ltd. IPO close?

The Macrotech Developers Ltd. IPO closes on 09 Apr 2021, Friday. UPI mandate: 2021-04-09. Allotment: 16 Apr 2021. Listing: 19 Apr 2021.