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MarketCircularsDaily Updates
April 05, 2021
132

IPO Alert: Macrotech Developers

Formerly known as Lodha Developers, Macrotech Developers was incorporated in 1995 and is the largest real estate developer in India. As on Dec 31 2020, the firm has successfully completed 91 projects comprising 77.22 million sq. ft. of developable area, with 59.13 million sq. ft. in the affordable housing segment.

Bid/Offer Opens On Wednesday, 07-Apr-21
Bid/Offer Closes On Friday, 09-Apr-21
Price Band Rs. 483 - Rs. 486 per equity share
Lot Size 30 Shares

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More on Macrotech Developers IPO | Know How to Apply | How to Check Allotment Status

The below table has important dates with respect to the IPO allotment and listing

Bid/Offer Opens On 07-Apr-21
Bid/Offer Closes On 09-Apr-21
Finalization of Basis of Allotment 16-Apr-21
Initiation of Refunds 19-Apr-21
Credit of Shares to Demat Acct 20-Apr-21
IPO Shares Listing Date 22-Apr-21
UPI mandate expiry date 29-Apr-21
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
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