Macrotech Developers Limited
mainboardlistedAbout the company
Known for its brand name Lodha, Macrotech Developers Ltd was incorporated in 1995 as Lodha Developers Pvt Ltd. It changed its name to Macrotech Developers in June 2019. It is one of the largest real estate developers in India based on residential sales for FY14–20. It focuses on affordable and mid-income housing and has residential projects in the Mumbai Metropolitan Region (MMR) and Pune.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed07 Apr 2021Bidding starts for all investor categories
IPO Closes
Completed09 Apr 2021Last day to place your bid
Basis of Allotment
Completed09 Apr 2021Share allotment finalised
Refund Initiation
Completed19 Apr 2021Refunds credited for non-allottees
Credit to Demat
Completed16 Apr 2021Allotted shares credited to demat account
Listing on Exchange
Completed22 Apr 2021Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 30 | ₹14,580 | 13 | ₹189,540 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 420 | ₹204,120 | 68 | ₹991,440 | ₹2L – ₹10L |
| bHNI (Big HNI) | 69 | 2070 | ₹1,006,020 | 74 | ₹1,078,920 | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 25,799,794 | 1250 | 0 | 0.00x | 100% |
| NII | 15% | 7,739,938 | 375 | 0 | 0.00x | 100% |
| Retail | 35% | 18,059,855 | 875 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
