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LODHAEQ / NSE, BSEListed
Macrotech Developers

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.

drhpanchor
₹483 - ₹486Open
Listed Price₹436.00
Listing Gain-10.29%

IPO Schedule & Timeline

Book Built Issue IPO
Open07 Apr 2021
Close09 Apr 2021
Allotment16 Apr 2021
Listing19 Apr 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB2,54,11,522 shares
49.4%
HNI76,23,457 shares
14.82%
Retail1,77,88,066 shares
34.58%
Employee6,17,283 shares
1.2%

Minimum Application Lots

Retail1 Lot (30 shares)
₹14,580
sHNI14 Lots (420 shares)
₹2,04,120
bHNI69 Lots (2,070 shares)
₹10,06,020

Company Promoters

Abhishek Mangal Prabhat LodhaRajendra Narpatmal LodhaSanbhavnath InfrabuildSambhavnath Trust

Company Background

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,...

Lead Managers & Bankers

Axis Capital LimitedBob Capital Markets LimitedEdelweiss Financial Services LimitedICICI Securities LimitedIIFL Capital Services LimitedJ.P. Morgan India Private LimitedJm Financial LimitedKotak Mahindra Capital Company LimitedSBI Capital Markets LimitedYes Securities (India) Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-20)₹31604.85 Cr
Growth-77.0%
Revenue Trend (₹ in Crores)
0.052.6k105.2k157.9kMar-18Mar-19Mar-20Dec-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-2031,604.852,643.024,05,946.160
Mar-201,25,609.857,448.364,06,925.560
Mar-191,19,788.6716,439.774,98,639.400
Mar-181,37,265.6917,893.904,78,112.760

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
16 Apr 2021
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
19 Apr 2021

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Macrotech Developers. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization16 Apr 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date19 Apr 2021Trading commences on exchange

How to Check Macrotech Developers Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Macrotech Developers from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Macrotech Developers IPO

Complete issue overview for Macrotech Developers (LODHA) IPO. The issue features an equity share price band of ₹483 – ₹486 per share with a minimum retail lot size of 30 Shares (minimum application amount of ₹14,580). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions