Macrotech Developers Limited, formerly Lodha Developers, are one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020. Their 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.
Macrotech Developers IPO received a tepid response from the market across all categories – QIB, NII and RII. Macrotech Developers Limited raised a total of ₹2,500 crore from this issue, which is a complete book building issue by the promoter and selling shareholders. The issue was subscribed 1.36 times overall.
Macrotech Developers listed on the bourses on 19/04/2021