Macrotech Developers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Macrotech Developers Ltd IPO
Registered Office: 412 Fl 4 17 G VardhamanChamber,Cawasji Patel Rd Horniman Fort , Mumbai - 400001 , Maharashtra , India. Phone : 91-022-23024400 Fax:91-022-23024550 Email : investor.relations@lodhagroup.com Website : www.lodhagroup.in
Initial public offer of 51,440,328 equity shares of face value of (Rs)10 each ("equity shares") of Macrotech Developers Limited ("issuer") for cash at a price of (Rs)486 per equity share (including a share premium of (Rs)476 per equity share) aggregating to (Rs)2500 Crores (the "issue"). The issue includes a reservation of 617,283 equity shares aggregatingup to (Rs)30 Crores (constituting 0.14% of the post-issue paid-up equity share capital), for subscription by eligible employees (the "employee reservation portion"). The issue less the employee reservation portion is hereinafter referred to as "net issue". The issue and net issue shall constitute 11.50% and 11.36%, respectively, of the post-issue paid-up equity sharse is (Rs)10 each. The company may, in consultation with the managers, consider a pre-ipo placement of up to () specified securities for cash consideration aggregating up to (Rs)500 Crores (the "pre-ipo placement"). The pre-ipo placement will be at a price to be decided by the company. If the pre-ipo placement is undertaken, the number of equity shares issued pursuant to the pre-ipo placement will be reduced from the issue, subject to the minimum issue size constituting at least ()% of the post-issue paid-up equity share capital of the company. The face value of equity shares is (Rs)10 each and the face value is 48.6 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
07-Apr-21	09-Apr-21	(Rs)486.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :30 Further Multiples of :30

(Rs Cr)

Lead Managers to the Issue

Project Cost

2500.00

Axis Capital Ltd

Project Financed through Current Offer

2500.00

Post Issue Equity Share Capital

447.32

Issue Price

(Rs)486.00

Projects

Reduction of the aggregate outstanding borrowings of the company on a Consolidated basis	General Corporate Purposes
Acquisition of Land or Land Development Rights

Promoted By
Abhishek Mangal Prabhat Lodha
Rajendra Narpatmal Lodha
Sambhavnath Infrabuild

Listing At
BSE
NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd