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Macrotech Developers Limited

Incorporated in 1995, Macrotech Developers (formerly Lodha Developers) is India’s largest real estate developer, primarily focused on affordable residential projects. It has also expanded into logistics and industrial parks as well as commercial real estate since 2019. Key residential projects include Palava (Navi Mumbai), Upper Thane, Amara, Lodha Sterling, Lodha Luxuria, Crown Thane, Bel Air, Lodha Belmondo, Lodha Splendora, and Casa Maxima, which together contributed 57.77% of revenue in FY2020. The company plans an 800-acre industrial park near Palava and develops commercial spaces such as corporate offices and IT campuses. As of December 31, 2020, Macrotech has completed 91 projects covering 77.22 million sq. ft., with 59.13 million sq. ft. in affordable housing.

₹483 - ₹486Open
Listed Price436.00
Listing Gain-10.29%
TimelineBook Built Issue IPO
Open07 Apr 2021
Close09 Apr 2021
Allotment16 Apr 2021
Listing19 Apr 2021

Quota Reservation Portions

QIBPortion: 2,54,11,522 shares
49.4%
HNIPortion: 76,23,457 shares
14.82%
RetailPortion: 1,77,88,066 shares
34.58%
EmployeePortion: 6,17,283 shares
1.2%

Minimum Application Bracket Matrix

Retail1 lots / 30 shares
₹14,580
sHNI14 lots / 420 shares
₹2,04,120
bHNI69 lots / 2,070 shares
₹10,06,020

About the Company

Incorporated in 1995, Macrotech Developers (formerly Lodha Developers) is India’s largest real estate developer, primarily focused on affordable residential projects. It has also expanded into logistics and industrial parks as well as commercial real estate since 2019. Key residential projects include Palava (Navi Mumbai), Upper Thane, Amara, Lodha Sterling, Lodha Luxuria, Crown Thane, Bel Air, Lodha Belmondo, Lodha Splendora, and Casa Maxima, which together contributed 57.77% of revenue in FY2020. The company plans an 800-acre industrial park near Palava and develops commercial spaces such as corporate offices and IT campuses. As of December 31, 2020, Macrotech has completed 91 projects covering 77.22 million sq. ft., with 59.13 million sq. ft. in affordable housing.

Company Promoters

Abhishek Mangal Prabhat LodhaRajendra Narpatmal LodhaSanbhavnath InfrabuildSambhavnath Trust
Macrotech Developers Limited IPO Details | GMP, Allotment & Financials | IPO Trending