Lodha Developers IPO Date, Review, Price, & Market Lot Details

IPO Lodha Developers IPO

Macrotech Developers Formally known as Lodha Developers IPO to hit the market on 7 April 2021 and closes on 9 April 2021. it’ll be one among the most important IPO after DLF which was the highest in initial public offer in 2017. The second largest in term of the fund raise Lodha Developers IPO is coming soon.

the corporate features a value around Rs.38000 crores as per market sources. the corporate is predicated in Mumbai incorporated in 1995. Lodha Developers are one among the documented land developers in India. they’re developers of residential and commercial buildings. They already developed numbers of building and residential schemes. Lodha Developers price band is fixed at ₹483-486.

The minimum lot size is 30 shares and therefore the maximum lot size is 390 shares. The retail portion of the IPO is 35% while QIB is 50% and NII is 15%. Macrotech Developers IPO aka Lodha Developers IPO to list on NSE and BSE both the indices.

Here are Some Projects by Macrotech Developers

  • Palava (Navi Mumbai, Dombivali Region)
  • Upper Thane (Thane outskirts)
  • Amara (Thane)
  • Lodha Sterling (Thane)
  • Lodha Luxuria (Thane)
  • Crown Thane (Thane)
  • Bel Air (Jogeshwari)
  • Lodha Belmondo (Pune)
  • Lodha Splendora (Thane)
  • Casa Maxima (Mira Road)

Also Read : New Upcoming IPOs List of 2021

Lodha Developers IPO Allotment Status
Lodha Developers IPO Allotment Status

Lodha Developers IPO Review

  • Apply for Long Term Gain

Lodha Developers IPO Date & Price Band

IPO Open: 7 April 2021
 IPO Close: 9 April  2021
 IPO Size: Approx ₹2500 Crore
 Face Value: ₹10 Per Equity Share
 Price Band: ₹483 to ₹486 Per Share
 Listing on: BSE & NSE
 Retail Portion: 35%
 Equity: 51,440,328 Shares

Lodha Developers IPO Market Lot

The Lodha Developers IPO minimum market lot is 30 shares with ₹14,580 application amount. The investors(Retail) can apply up-to 13 lots with 390 shares or ₹189,540 amount.

 Minimum Lot Size:Minimum 30 Shares
 Minimum Amount:₹14,580
 Maximum Lot Size:Maximum 390 Shares
 Maximum Amount:₹189,540

Lodha Developers IPO Allotment & Listing

The Lodha Developers IPO application date is 7 April 2021 and the application closing date is 9 April 2021. The allotment will be finalized on 16 April 2021 and the IPO may list on 22 April 2021.

 Basis of Allotment: 16 April 2021
 Refunds: 19 April 2021
 Credit to Demat Account: 20 April 2021
 Listing Date: 22 April 2021

Lodha Developers Company Financial Report

Lodha Developers is the biggest real estate developer in india. The revenue decreasing from last 4 years.

  ₹ in CroreRevenueExpensePAT
2018₹13727₹11017₹1789
2019₹11989₹9490₹1644
2020₹12561₹11560₹745
2021 – 9M₹3161₹3218₹-264

About Lodha Developers

Whether it’s transforming the skyline of Mumbai with one among India’s most iconic landmarks, crafting a number of the foremost desirable residences in London, creating a world-class destination within the heart of Mumbai, or delivering India’s No.1 smart city*, one name is transforming the way they accept landmarks of worldwide standards: Lodha.

Lodha is India’s largest land developer by residential sales value for the financial years 2014 to 2020 and therefore the second largest developer by area delivered*. the corporate has clocked sales of roughly INR 6,569 crores with gross collections of roughly INR 8,189 crores for FY 19-20 and has recorded a completed develop-able area of 15.65 Million square foot .

They believe land is quite just building the proverbial four walls, it’s about “Building a far better Life”. this is often the ideology with which they at Lodha have delivered the world’s finest developments that became a number of the foremost iconic addresses and therefore the most desirable residences in India also as in London.

Their residential and commercial spaces are aimed toward every segment, right from super luxury to budget, thereby enabling every aspiring consumer to satisfy their dream.

Lodha Developers IPO Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: macrotech.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Note: Check Lodha Developers IPO allotment status on Linkintime website allotment URL. Check Here

Lodha Developers IPO FAQs

What is Lodha Developers IPO?

Lodha Developers IPO is a main-board IPO. They are going to raise ₹2,500.00 Crores via IPO. The issue is priced at – to – per equity share. The IPO to be listed on BSE & NSE.

When Lodha Developers IPO will open?

The IPO is to open on 7 April 2021 for QIB, NII, and Retail Investors.

What is Lodha Developers IPO Investors Portion?

The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

How to Apply the Lodha Developers IPO?

  • Apply Lodha Developers IPO via ASBA online via your bank account.
  • You Can Apply ASBA online via UPI through your stock brokers.
  • Also you can apply via your stock brokers by filling up the offline form.

How to Apply the Lodha Developers IPO through Zerodha?

Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Lodha Developers”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

What is Lodha Developers IPO Size?

Lodha Developers IPO size is ₹2500 crores.

What is Lodha Developers IPO Price Band?

Lodha Developers IPO Price Band is ₹483 to ₹486.

What is Lodha Developers IPO Minimum and Maximum Lot Size?

The minimum bid is 39 Shares with ₹14580 amount while maximum bid is 390 shares with ₹189540.

What is Lodha Developers IPO Allotment Date?

Lodha Developers IPO allotment date is 16 April 2021.

What is Lodha Developers IPO Listing Date?

Lodha Developers IPO listing date is 22 April 2021. The IPO to list on BSE and NSE.

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