Macrotech Developers (Lodha) Ltd IPO
Macrotech Developers (Lodha) Ltd IPO is listed on BSE and NSE, priced at ₹483–₹486 per share. The stock debuted at ₹436. The IPO had a lot size of ₹30 shares and a minimum investment of ₹14,580.
Macrotech Developers (Lodha) Ltd IPO
- IPO Dates
- Apr 7, 2021 – Apr 9, 2021
- Price band
- ₹483-486 per equity share
- Minimum Investment
- ₹14,580
- Issue size
- 51,440,328 Eq Shares of ₹10 (aggregating up to ₹2,500.00 Cr)
- Lot size
- 30
- Allotment Date
- Apr 16, 2021
- Listing
- Apr 19, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Apr 7, 2021
Open Date
Completed
-
Apr 9, 2021
Close Date
Completed
-
Apr 16, 2021
Allotment Date
Completed
-
Apr 19, 2021
Listing Date
Completed
Price Summary
- Last closing
- 870.00 (79.01%)
- 52 week high
- 1,531.00
- 52 week low
- 650.80
- Last update
Macrotech Developers (Lodha) Ltd IPO Essentials
Macrotech Developers (Lodha) Ltd IPO Details
Macrotech Developers (Lodha) Ltd IPO is priced at ₹483-486 per share with a total issue size of 51,440,328 Eq Shares of ₹10 (aggregating up to ₹2,500.00 Cr). The IPO has a lot size of 30 shares and is listed on BSE and NSE.
- Issue price
- ₹483-486 per equity share
- Lot size
- 30 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 51,440,328 Eq Shares of ₹10 (aggregating up to ₹2,500.00 Cr)
- Listing at
- BSE, NSE
- List price
- 436.0(NSE)
- Listing date
- Registrar
- Link Intime India Private Limited
- Lead manager
-
Axis Capital Limited, BOB Capital Markets Limited, Edelweiss Financial Services Ltd, ICICI Securities Limited, IIFL Holdings Limited, J.P. Morgan India Private Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited, SBI Capital Markets Limited, Yes Securities (India) Limited
Macrotech Developers (Lodha) Ltd IPO Analytics
Macrotech Developers (Lodha) Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Macrotech Developers (Lodha) Ltd IPO Subscription Status
Macrotech Developers (Lodha) Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 10,227,742 |
7,670,808
|
17,898,551 | 621,118 | 36,418,219 |
|
Day 1
07-04-21 05:00 PM
|
0.58 x |
0.11x
|
0.15 x | 0.04 x | 0.26 x |
|
Day 2
08-04-21 05:00 PM
|
0.65 x |
0.19x
|
0.25 x | 0.10 x | 0.35 x |
|
Day 3
09-04-21 05:00 PM
|
3.05 x |
1.44x
|
0.40 x | 0.17 x | 1.36 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 167231 (Approx) | 0.28 | ||
Macrotech Developers (Lodha) Ltd Valuations
Earnings
- EPS (Post IPO)
- ₹16.38/-
- P/E Ratio
- 29.68
Returns
- RoNW
- 17.8%
Macrotech Developers (Lodha) Ltd Financials( In Crs.)
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 40,594.61 | 40,692.55 | 49,863.94 | 47,811.27 |
| Revenue | 3,160.48 | 12,560.98 | 11,978.86 | 13,726.56 |
| Profit After Tax | (264.30) | 744.83 | 1,643.97 | 1,789.39 |
Macrotech Developers (Lodha) Ltd Company & Offer Insights
About Macrotech Developers (Lodha) Ltd
Microtech Developers (Lodha) is the largest real estate developer in India, by residential Sales value for the financial years 2014 to 2020. (Source: Anarock Report) Its core business is residential real estate developments with a focus on affordable and mid-income housing.
Currently, it has residential projects in the MMR and Pune. In 2019, it forayed into the development of logistics and industrial parks and entered into a joint venture with ESR Mumbai 3 Pte. Limited (“ESR”), a subsidiary of ESR Cayman Limited, an Asia Pacific focused logistics real estate platform. It also develops commercial real estate, including as part of mixed-use developments in and around its core residential projects.Its brands include “Lodha”, “CASA by Lodha” and “Crown – Lodha Quality Homes” for its affordable and mid-income housing projects, the “Lodha” and “Lodha Luxury” brands for its premium and luxury housing projects, and the “iThink”, “Lodha Excelus” and “Lodha Supremus” brands for its office spaces.
The Lodha group has been involved in the real estate business since 1986. The Company is led by Abhishek M. Lodha, its MD and CEO.
It commenced its operations in Mumbai, developing affordable housing projects in the suburbs of Mumbai, and later diversified into other segments and regions in the MMR and Pune.Its large townships are located at Palava (Navi Mumbai, Dombivali Region) and Upper Thane (Thane outskirts).Its premium and luxury housing projects include Lodha Park (Worli), Lodha World Towers (Lower Parel), Lodha Venezia (Parel) and New Cuffe Parade (Wadala).It has planned to develop a logistics and industrial park of over 800 acres of land near Palava, which is strategically located near the Jawaharlal Nehru Port, the proposed international airport in Navi Mumbai and the industrial hub of Taloja.
As of December 31, 2020, it has 91 completed projects comprising approximately 77.22 million square feet of Developable Area, of which 59.13 million square feet is in affordable and mid-income housing, 12.15 million square feet is in premium and luxury housing, 5.21 million square feet is in office space and 0.74 million square feet is in retail space. It has 36 ongoing projects comprising approximately 28.78 million square feet of Developable Area, of which 23.57 million square feet is in affordable and mid-income housing, 2.80 million square feet is in premium and luxury housing, 2.38 million square feet is in office space and 0.04 million square feet is in retail space, and 18 planned projects comprising approximately 45.08 million square feet of Developable Area, of which 35.48 million square feet is in affordable and mid-income housing, 2.04 million square feet is in premium and luxury housing, 7.13 million square feet is in office space and 0.43 million square feet is in retail space, as of December 31, 2020.
Macrotech Developers (Lodha) Ltd Promoter(s)
Abhishek Mangal Prabhat Lodha, Rajendra Narpatmal Lodha, Sanbhavnath Infrabuild, Sambhavnath Trust are the company's promoters of Macrotech Developers (Lodha) Ltd.
Macrotech Developers (Lodha) Ltd IPO Issue Objectives
- •
- To reduce aggregate outstanding borrowings of the company on consolidated basis.
- •
- To acquire land or land development rights.
- •
- To meet general corporate purposes.
Macrotech Developers (Lodha) Ltd IPO - Anchor Investors
Ahead of IPO, Macrotech Developers raises Rs 741 crore from anchor investors.
Marquee names among foreign portfolio investors participated in the anchor book were American Funds Insurance, Ivanhoe OP India Inc, Bayvk A2 Fonds, Wellington Trust Company Brown Advisory and Government of Singapore.
Macrotech Developers (Lodha) Ltd IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Macrotech Developers Limited | 5.01 | 29.68 | 17.8% | 12,560.99 |
| Brigade Enterprises Limited | 1.88 | 41.96 | 4.47% | 2,681.56 |
| DLF Limited | 2.56 | (167.44) | (1.53)% | 6,888.14 |
| Godrej Properties Limited | 7.42 | 313.46 | 2.37% | 2,914.59 |
| Oberoi Royalty Limited | 3.16 | 57.00 | 5.55% | 2,285.98 |
| Prestige Estates Projects Limited | 2.29 | 92.08 | 2.49% | 8,243.30 |
| Sobha Limited | 1.88 | 41.96 | 4.47% | 3,825.65 |
| Sunteck Reality Limited | 2.22 | 94.26 | 2.35% | 631.55 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Macrotech Developers (Lodha) Ltd IPO is a book-built IPO worth ₹51,440,328 Eq Shares of ₹10 (aggregating up to ₹2,500.00 Cr). The price band is ₹483–₹486 per share. The IPO opens on Apr 7, 2021 and closes on Apr 9, 2021. It will be listed on BSE and NSE. Link Intime India Private Limited is the registrar.
The price band of Macrotech Developers (Lodha) Ltd IPO is ₹483 to ₹486 per share.
The lot size of Macrotech Developers (Lodha) Ltd IPO is 30 shares.
The minimum investment for Macrotech Developers (Lodha) Ltd IPO is approximately ₹14,580 based on the upper price band .
Macrotech Developers (Lodha) Ltd IPO opens on Apr 7, 2021 and closes on Apr 9, 2021.
The allotment date of Macrotech Developers (Lodha) Ltd IPO is Apr 16, 2021.
Macrotech Developers (Lodha) Ltd IPO is expected to be listed on Apr 19, 2021, on BSE and NSE .
Macrotech Developers (Lodha) Ltd IPO listed on Apr 19, 2021. It was issued at ₹436.0(NSE) and is currently around ₹870.00 as on 14-May-2026 3:30 PM, which is approximately 79.0% versus issue price. The 52-week high is ₹1,531.00.
Based on listing and post-listing performance, Macrotech Developers (Lodha) Ltd IPO delivered around 79.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Macrotech Developers (Lodha) Ltd IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Macrotech Developers (Lodha) Ltd IPO valuation snapshot: P/E 29.68, EPS ₹16.38/-, P/B N/A, RoNW 17.8%, and market cap N/A.
To apply for Macrotech Developers (Lodha) Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Macrotech Developers (Lodha) Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Macrotech Developers (Lodha) Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Macrotech Developers (Lodha) Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Macrotech Developers (Lodha) Ltd IPO allotment status on IPO Ji for quick and easy access.