Macrotech IPO Subscription Status

Share This Post

Last updated on May 9th, 2021 at 11:11 am

Macrotech IPO Subscription Status

Lodha Developers has raised Rs 740 crore from 14 anchor investors.

Domestic investors included HDFC mutual fund and Premji Invest, they were allocated 7.3 lakh shares @486 per share.

12 Foreign Portfolio Investors (allocated 1.45 crore shares@486 per share)  who participated in the anchor were Capital Group, Nomura, Ivanhoe Cambridge, real estate arm of CDPQ, Wellington Asset Management, Abu Dhabi Investment Authority, Abu Dhabi’s sovereign fund, Platinum Asset Management, Marshall Wace, Brookfield Asset Management, Segantii, York, Oxbow, and Discovery.

Macrotech IPO Subscription Status

Subscription Status {no. of times (x)}
Particulars Shares Offered 7th April 8th April 9th April
QIB 1,02,27,742 0.58 0.65 3.05
NII 76,70,808 0.11 0.19 1.44
Retail 1,78,98,751 0.15 0.25 0.40
Employees 6,21,118 0.04 0.10 0.17
Total 3,64,18,219 0.26 0.35 1.36

Important Dates of Macrotech IPO

Macrotech IPO Key Dates
Basis of Allotment April 16, 2021
Refunds April 19, 2021
Credit to Demat Account April 20, 2021
Listing Date April 22, 2021

Macrotech IPO GMP

Macrotech IPO was trading at a premium of 4-5% but the GMP has gone down or is quite negligible (Rs2-Rs4 per share) as of 6th April 2021.

Related Posts

CA Priyanka Choudhary Jain


Disclaimer: The above content is for general info purpose only and does not constitute professional advice. The author/ website will not be liable for any inaccurate / incomplete information and any reliance you place on the content is strictly at your risk.

Follow us on Social Media by clicking below

Share This Post

Be the first to comment

Leave a Reply

Your email address will not be published.