Lodha Developers IPO: Review, Apply Online, Subscription & Allotment Status, GMP (Live Updates Today)

Short Info: मेक्रोटेक डेवेलपर्स लिमिटेड आईपीओ सब्सक्रिप्शन स्टेटस, ग्रे मार्केट प्रीमियम, अलॉटमेंट स्टेटस 2021 | Lodha Developers IPO: Review, Apply Online, Subscription Status, Allotment Status & Grey Market Premium (NSE & BSE India). Macrotech Developers Limited IPO Subscription Status | Lodha Developers GMP Today | Lodha Developers IPO Allotment Status | Lodha Developers IPO Price, Timetable, Listing Date, Share Price, Issue Date, Lot Size & Review at Official Website www.nseindia.com,www1.nseindia.com & www.bseindia.com.

Short Article Details:
Name of Article Lodha Developers IPO
IPO Subscription Active
Article Published On 04/02/2021
Article Updated on  04/02/2021

Table of Content

Table of Contents

मेक्रोटेक डेवेलपर्स लिमिटेड आईपीओ: Lodha Developers IPO Subscription, Allotment, GMP News Update

Latest News Update: Lodha Developers IPO Subscription & Allotment Status, GMP Today
  • The real estate developer plans to raise ₹2,500 crore by selling new shares, according to its draft IPO documents filed last month.

Lodha Developers IPO: Subscription Status, Grey Market Premium & Allotment Status

Summary: Macrotech Developers, aka Lodha Developers, is coming out with a Fresh Issue of Equity shares aggregating upto Rs 2500 cr. The Face value is Rs 10. The Employee Reservation is Equity Shares aggregating upto Rs 30 cr. The Price band is Rs 483 – 486 and the Bid Lot is 30 Shares and in multiple thereof. Macrotech Developers Post IPO Implied Market Capitalisation will be Rs 21621 cr – 21740 cr. The Macrotech Developers IPO opens on Wednesday, 7th April, 2021 and closes on Friday, 9th April, 2021.

The IPO page of Lodha Developers captures the details on its Issue Open Date, Issue Close Date, Listing Date, Face Value, Price band, Issue Size, Issue Type, and Listing Date’s Open Price, High Price, Low Price, Close price and Volume. It also captures the Holding Period Returns and Annual Returns.

Macrotech Developers Limited IPO Date, Price Band, Market Lot

Lodha Developers IPO 2021 – Overview
Name of Article Lodha Developers IPO 
in Language मेक्रोटेक डेवेलपर्स लिमिटेड आईपीओ
Company Promoters Abhishek Mangal Prabhat Lodha, Rajendra Narpatmal Lodha, Sambhavnath Infrabuild and Sambhavnath 
Lodha Developers IPO Lead Manager(s) 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
IPO Date Apr 7 to Apr 9, 2021
Issue Type Book Built Issue IPO
Issue Size 51,440,328 Eq Shares of ₹10
(aggregating up to ₹2,500.00 Cr)
Fresh Issue
Offer for Sale
Face Value ₹10 per equity share
IPO Price ₹483 to ₹486 per equity share
Market Lot 30 Shares
Min Order Quantity 30 Shares
Listing At BSE, NSE

Lodha Developers Allotment & Listing Dates

Lodha Developers Schedule: Allotment & Listing Dates
Event Dates
Bid/Offer Launch date Apr 7, 2021
Bid/Offer Last date Apr 9, 2021
Basis of Allotment finalization date Apr 16, 2021
Initiation of Refunds Apr 19, 2021
Credit of Shares to Demat Acct Apr 20, 2021
IPO Shares Listing Date Apr 22, 2021

Lodha Developers IPO Subscription Status Live:

Investors can bid for a minimum of 30 equity shares and in multiples of 30 shares, thereafter, translating into the minimum application size of Rs 14,580 per lot at higher price band.

Category Subscription Status
Qualified Institutional [.] Times
Non-Institutional [.] Times
Retail Individual [.] Times
Employee [.] Times
Others [.] Times
Total [.] Times

Lodha Developers IPO Subscription Status (Day 1)

Category Day 1 Day 2 Day 3
QIB 0.00x 0.00x 0.00x
NII 0.00x 0.00x 0.00x
RII 0.00x 0.00x 0.00x
Total 0.00x 0.00x 0.00x

Lodha Developers IPO Grey Market Premium (GMP Today)

Macrotech Developers (formerly Lodha Developers) will kick start the IPO wagon in FY22 as it will launch its initial public offering on April 7.

The issue will close on April 9 and the anchor book placement, if any, will open for bidding for a day on April 6. The company has fixed price band for the offer at Rs 483-486 per share.

Lodha Developers IPO Grey Market Premium Updates

Date GMP
Kostak Subject to
2 April ₹25-30 ₹0 ₹0
1 April ₹0 ₹0 ₹0
31 March ₹0 ₹0 ₹0
30 March ₹0 ₹0 ₹0
29 March ₹0 ₹0 ₹0
28 March ₹0 ₹0 ₹0
27 March ₹0 ₹0 ₹0

Lodha Developers IPO GMP Rates day by day with Kotak rates.


Lodha Developers IPO Shares Offered

Category Shares Offered

Lodha Developers IPO Subscription Process

Investors can bid for a minimum of 30 equity shares and in multiples of 30 shares thereafter, implying a minimum investment amount of Rs 14,580 per lot. Up to 50 per cent of the net issue will be reserved for the qualified institutional buyers (QIBs), 15 per cent for non-institutional investors and the remaining 35 per cent for the retail category. The employee reservation portion is of shares worth Rs 30 crore.

You can apply in Lodha Developers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

How to apply for the Lodha Developers IPO?

Step 1- You can submit your online application and make the payment through any supported UPI application via brokerages.

Step 2- To be able to create a UPI ID, you need to download the BHIM app, or any other UPI enabled bank application, where you own an account.

Step 3- While filing for the IPO make sure you mention the correct UPI ID.

Step 4- And after filling the application, the subscriber can submit the same to its financial advisor or brokerage.

Step 5- A request for blocking funds will be sent to the subscriber on the UPI mobile application. The subscriber would need to enter the UPI PIN to approve the block mandate.

Step 6- The funds will get blocked in the subscriber’s bank account, and once the allotment is done, the money will be debited from the blocked sum.

Nazara Technologies using Zerodha app

Login to Zerodha Kite console

Nazara Technologies using ICICI Direct app

Login to ICICIdirect.com.

Nazara Technologies using Angel Broking app

Log in to Angel Broking apps

Nazara Technologies IPO Online via Groww

go to https://groww.in/ipo.

How to check Lodha Developers IPO Allotment status?

Here’s how to check Lodha Developers IPO Karvy, Linkintime, KFintech, BSEIndia & NSEIndia allotment status: If you have bid for the Indian Railway Finance Corporation IPO, you can check your allotment status by following these simple steps:

To check on the stock-exchange website:

Procedure to check Lodha Developers BSEIndia allotment status Online?

  • To check the Lodha Developers IPO allotment status, go to the BSE website.
  • Select ‘Equity’ and then from the dropdown, select ‘Lodha Developers’. Please note that the company will only appear once the allotment is done.
  • Now, enter your application number and PAN.
  • Click on ‘Search’.

Procedure to check Lodha Developers NSEIndia Allotment status Online?

  • Investors can also check the status of the allotment on the BSE website NSE website.
  • Investors will have to select ‘equity’, and then the issue name as ‘Lodha Developers’ from the drop-down list, when it gets declared.
  • After that enter application number and PAN (permanent account number).
  • In the last step, click on the search tab to view the status details.

Nazara Technologies BSEIndia allotment status

BSE website.

Nazara Technologies NSEIndia Allotment status

NSE website.

 ipo.alankit.com Nazara Technologies allotment status


Nazara Technologies Linkintime allotment status

registrar’s website here.

KFintech Private Ltd Nazara Technologies share allotment status

KFintech IPO Allotment Status Link 1

KFintech IPO Allotment Status Link 2

KFintech IPO Allotment Status Link 3

Lodha Developers IPO Date, Price, GMP, Review, Analysis & Details (NSE & BSE India) 2021

Macrotech Developers Limited IPO Date, Price, GMP, Review, Analysis & Details
Lodha Developers IPO Subscription Status, Grey Market Premium & Allotment Status: Lodha Developers IPO Date, Price, GMP, Review, Analysis & Details (NSE & BSE India) 2021 – Mumbai-based Macrotech Developers Ltd, erstwhile Lodha Developers, will open its IPO on April 7, in the price band of Rs 483-486 per share of the face value of Rs 10, each. The Rs 2,500-crore issue will close for subscription on April 9, 2021. This is the third time when the developer has come up with its IPO. Previously in September 2009, the company had tried to raise Rs 2,800 crore via IPO and later in 2018.

Company Financials:

Macrotech Developers was incorporated as ‘Lodha Developers Private Limited’ on September 25, 1995. Macrotech Developers is the largest real estate developer 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, they have residential projects in the Mumbai Metropolitan Region (“MMR”) and Pune.

Macrotech Developers, one of the largest real estate developers in India by residential sales value during FY14-FY20, is planning to mop up Rs 2,500 crore through its offer.

Objects of the Issue:

Lodha Developers IPO Objects of the Issue
  • To reduce aggregate outstanding borrowings of the company on consolidated basis.
  • To acquire land or land development rights.
  • To meet general corporate purposes.

Competitive strengths

Key Things Before Investing in Lodha Developers
  • Largest residential real estate developer in India.
  • Strong sales distribution network across India as well as NRI markets i.e. GCC, UK, Singapore, and US.
  • Brand equity and premium pricing.
  • Strong project execution capabilities.
  • Experienced management team.

Lodha Developers IPO Registrar

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

Company Contact Information

Macrotech Developers Limited
412, Floor -4, 17G, Vardhaman Chamber,
Cawasji Patel Road, Horniman Circle, Fort,
Mumbai – 400 001Phone: +91 22 2302 4400
Email: investorrelations@lodhagroup.com
Website: https://www.lodhagroup.in/

Lodha Developers IPO Subscription FAQs:

When Lodha Developers IPO will open?

The Lodha Developers opens on Apr 7, 2021, and closes on Apr 9, 2021.

When Lodha Developers IPO will open for QIB, NII, and Retail?

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

How to Apply the Lodha Developers IPO?

You can apply Lodha Developers IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also 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 ₹510 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 the maximum bid is 390 shares with ₹189540.

How to subscribe Lodha Developers?

You can go with ASBA and Non-ASBA options for subscriptions. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

When Lodha Developers IPO Subscription will start?

The IPO subscription starts on 08 March 2021 for QIB, NII, and Retail Investors.

How to check Lodha Developers allotment status?

The finalization of Basis of Allotment for Lodha Developers IPO will be done on Apr 16, 2021, and the allotted shares will be credited to your demat account by Apr 20, 2021.

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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