The Mumbai-based company launched its IPO on April 7 to raise Rs 2,500 crore through fresh issue of shares. The issue, which had a price ba...

The issue was subscribed 1.36 times. The Rs 2,500-crore issue received bids for 4,94,64,480 shares against 3,64,18,219 shares on offer, as ...

The Macrotech issue was sold in the price band of Rs 483-486 apiece. At the upper end of the price band, the company is valued at Rs 21,675...

In the last few weeks, investors' enthusiasm has waned for IPOs as a few shares debuted on the bourses with discounts.

This is the third attempt by Macrotech to launch an IPO. The company had initially filed draft red herring prospectus in Sep 2009 and then ...

Analysts are mixed on the issue with some counting superior return ratios as positives while others raising questions over its huge debt an...

Dealers active in the unofficial market for unlisted stocks, or grey market, said the premium enjoyed by the stock has come down to Rs 2-4,...

The company had raised Rs 740 crore from 14 anchor investors ahead of the IPO, allocating 15.2 million shares at Rs 486 apiece.

Over the past few years, the company has increasingly focused on the affordable and mid-income segment which now contributes almost two thi...

The company plans to raise Rs 2,500 crore through an initial public offer (IPO), which will hit Dalal Street on April 7 and close on April ...

Macrotech Developers has come out with the offer at a time when there is uncertainty in the market and listing gains for fresh issues have ...

Of the amount being raised through the IPO, Rs 1,500 crore will be used to reduce the company’s debt, Rs 375 crore for acquiring land and l...

Macrotech Developers is among the largest real estate developers in India by residential sales value for financial years 2014 to 2020.

The country’s largest property developer has set a price band for the offer at Rs 483 - Rs. 486 per equity share.

The country’s largest property developer by sales is about to file its updated prospectus with the capital markets regulator, and the final...

Plans to raise total Rs 2,500 crore with 10% dilution in IPO; to reduce debt by Rs 1,500 crore

The company, formerly known as Lodha Developers, has been trying to sell shares in an initial public offering since 2009. Macrotech made th...