Macrotech Developers Limited
ListedMainboardReal Estate · NSE / BSE
Incorporated in 1995, Macrotech Developers (formerly Lodha Developers) is India’s largest real estate developer, primarily focused on affordable residential projects. It has also expanded into logistics and industrial parks as well as commercial real estate since 2019. Key residential projects include Palava (Navi Mumbai), Upper Thane, Amara, Lodha Sterling, Lodha Luxuria, Crown Thane, Bel Air, Lodha Belmondo, Lodha Splendora, and Casa Maxima, which together contributed 57.77% of revenue in FY2020. The company plans an 800-acre industrial park near Palava and develops commercial spaces such as corporate offices and IT campuses. As of December 31, 2020, Macrotech has completed 91 projects covering 77.22 million sq. ft., with 59.13 million sq. ft. in affordable housing.
Price Band
₹483 – ₹486
Issue Size
₹2500 Cr
Lot Size
30 shares
GMP
—
Est. Listing
₹486
at current GMP
Subscribed
—
Open
7 Apr 2021
Close
9 Apr 2021
Allotment
16 Apr 2021
Refund
17 Apr 2021
Demat Credit
18 Apr 2021
Listing
19 Apr 2021
Last updated 12 days ago
Official Registrar Verification
Macrotech Developers Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
16 Apr 2021
Basis finalization
Refunds Initiate
17 Apr 2021
Mandate release
Demat Credit
18 Apr 2021
Shares in demat
Listing Debut
19 Apr 2021
Trading begins
How to Check Macrotech Developers Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Macrotech Developers Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Macrotech Developers Limited Public Issue & Market Profile
Macrotech Developers Limited is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹2,500 Crores. The shares are offered at a price band of ₹483 to ₹486 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 30 shares (approx. ₹14,580 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-04-18, while un-allotted funds or UPI block mandates will be released on 2021-04-17.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.