Macrotech IPO Subscription Status

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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

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.

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About CA Priyanka Choudhary Jain 69 Articles
Chartered Accountant & an experienced credit analyst. She has worked with CRISIL as a Senior Credit Analyst on rating assignments including business & financial analysis in Corporates as well as the Public Finance Sector. Please mail your queries, feedback, and any suggestions to her on info.financepost@gmail.com

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