Macrotech Developers will utilise the IPO proceeds to repay debts and acquire land Macrotech Developers (formerly Lodha Developers)’ Rs 2,500-crore initial public offering (IPO) is set to debut on the bourses on Monday i.e. April 19. The IPO, which was open between April 7 and April 9, had received aContinue Reading

Macrootech plans to use the IPO proceeds to pare its debt obligations and buy land for future growth. Macrotech Developers (formerly known as Lodha Developers) share sale via initial public offering (IPO) witnessed weak demand as the issue was only subscribed 0.35 times or 35 per cent by the endContinue Reading

Macrotech was founded by billionaire Mangal Prabhat Lodha in Mumbai. Macrotech Developers share sale via initial public offering (IPO) was subscribed 26 per cent on the first day of the issue, data from the National Stock Exchange showed. Macrotech Developers received 95,91,420 bids for 3,64,18,219 shares on offer. A totalContinue Reading

Macrotech Developers IPO: The shares are likely to be listed on BSE and NSE on April 22, 2021 Macrotech Developers (formerly Lodha Developers)’ Rs 2,500 crore initial public offering (IPO) is likely to open on April 7. The IPO will remain open between April 7 and April 9, and theContinue Reading