The organization is the biggest land designer in India, by private deals an incentive for FY2014 to 2020. Its center business is private land advancements with an emphasis on moderate and mid-pay lodging. As of now, the organization has private undertakings in the MMR and Pune. In 2019, it forayed into the advancement of coordinations and mechanical stops and went into a joint endeavor with ESR Mumbai 3 Pte Limited. The organization likewise creates business land, including as a feature of blended use improvements in and around its center private tasks.
Macrotech’s reasonable and mid-pay lodging improvements represented 57.8% and 57.8% of its absolute private deals, during the nine months finished 31 December 2020 and the FY2020, separately. Starting at 31 December 2020, the organization has 91 finished activities including around 77.2 million square feet of Developable Area. It additionally has 36 continuous undertakings including roughly 28.8 million square feet of Developable Area, of which 23.57 million square feet is in moderate and mid-pay lodging.
Notwithstanding the progressing and arranged activities, starting at 31 December 2020, the organization has land stores of around 3,803 sections of land for future advancement in the MMR, with the possibility to foster roughly 322 million square feet of Develop able Area.
Subscription Dates | 7 – 9 April 2021 |
Price Band | INR483 – 486 per share |
Fresh issue | INR2,500 crore |
Offer For Sale | Nil |
Total IPO size | INR2,500 crore |
Minimum bid (lot size) | 30 shares |
Face Value | INR10 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
FY2018 | FY2019 | FY2020 | 9M FY2021 | |
Revenue | 13,726.6 | 11,979.9 | 12,561.0 | 3,160.5 |
Expenses | 11,017.0 | 9,490.0 | 11,560.2 | 3,218.8 |
Comprehensive income | 1,767.9 | 1,641.6 | 732.5 | -259.3 |
Margin (%) | 12.9 | 13.7 | 5.8 | -8.2 |
Earnings Per Share (EPS): INR18.46
Price/Earnings (PE ratio): 26.16 – 26.32
Return on Net Worth (RONW): 17.8%
Net Asset Value (NAV): INR103.86 per share
Date | Nuvoco Vistas IPO GMP | Kostak | Subject to Sauda |
19 August 2021 | – | – | – |
18 August 2021 | INR5 | – | – |
17 August 2021 | INR7 | – | – |
16 August 2021 | INR10 | – | – |
14 August 2021 | INR7 | – | – |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Macrotech Developers Limited | Apr 19, 2021 | 486 | 463.15 | -4.7% |
NSE : LODHA
BSE : 543287
ISIN CODE : INE670K01029
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IPO Opening Date: 7 April 2021
IPO Closing Date: 9 April 2021
Finalisation of Basis of Allotment: 16 April 2021
Initiation of refunds: 17 April 2021
Transfer of shares to demat accounts: 19 April 2021
Listing Date: 19 April 2021
Opening Price on NSE: INR436 per share (down 10.29% from IPO price)
Closing Price on NSE: INR465.25 per share (down 4.27% from IPO price)
Macrotech Developers Limited
Lodha Excelus, L 2,
N M Joshi Marg, Mahalaxmi,
Mumbai 400 011
Phone: +91 22 2302 4400
Email: investorrelations@lodhagroup.com
Website: www.lodhagroup.in
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg
Vikhroli (West), Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: macrotech.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 1,02,27,742 | 0.58 | 0.65 | 3.05 |
NII | 76,70,808 | 0.11 | 0.19 | 1.44 |
Retail | 1,78,98,551 | 0.15 | 0.25 | 0.40 |
Employee | 6,21,118 | 0.04 | 0.10 | 0.17 |
Total | 3,64,18,219 | 0.26 | 0.35 | 1.36 |
Lodha Developers IPO is a main-board IPO of 51,440,328 equity shares of the face value of ₹10 aggregating up to ₹2,500.00 Crores. The issue is priced at ₹483 to ₹486 per equity share. The minimum order quantity is 30 Shares.The initial public offering (IPO) Apr 7, 2021, and closes on Apr 9, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Lodha Developers IPO opens on Apr 7, 2021 and closes on Apr 9, 2021.
Lodha Developers IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.
Lodha Developers IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The Basis of Allotment for Lodha Developers IPO will be done on Apr 16, 2021, and the allotted shares will be credited to your demat account by Apr 20, 2021. Check the Lodha Developers IPO allotment status.
The Lodha Developers IPO listing date is on Monday, April 19, 2021.
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