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
Live Grey Market Premium
Macrotech Developers Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹486
Band: ₹483 – ₹486
Estimated Listing Price
₹486
Upper price + GMP
Lot Size
30 shares
Min investment ₹14,580
Estimated Profit / Lot
₹0
30 × ₹0
Macrotech Developers Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹486 |
| 30 Oct 2026 | — | 0.0% | ₹486 |
| 29 Oct 2026 | — | 0.0% | ₹486 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is Macrotech Developers Limited IPO GMP today?
The latest grey market premium for Macrotech Developers Limited IPO is ₹0, which indicates an expected listing price of ₹486.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.