What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Macrotech Developers Limited IPO?

Macrotech Developers Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Macrotech Developers Limited

ListedMainboard

Real 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	25,720,165	—	0.00x
Non-Institutional (NII / HNI)	7,716,049	—	0.00x
Retail Individual (RII)	18,004,115	—	0.00x
Total	51,440,329	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	600,137	600,137	1.00x
HNIs (10L +)	3,839	3,839	1.00x
HNIs (2-10L)	18,372	18,372	1.00x
Total Applications	622,348	622,348	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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?

Currently, Macrotech Developers Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹483 to ₹486 per equity share.

What is the expected profit per lot for Macrotech Developers Limited IPO?

The retail lot size is 30 shares requiring a minimum application amount of ₹14,580. Expected listing price is ₹486 per equity share.

What is the issue size and price band for Macrotech Developers Limited IPO?

The Macrotech Developers Limited IPO aggregate issue size is ₹2,500 Crores with an equity price band set at ₹483 to ₹486 per equity share. The retail lot size is 30 shares requiring a minimum capital outlay of approx. ₹14,580.

How can I check Macrotech Developers Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Macrotech Developers Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-04-16. Investors can verify status using PAN card or application number.

When is the listing date for Macrotech Developers Limited IPO?

Macrotech Developers Limited shares are scheduled to list on NSE and BSE on 2021-04-19.