Macrotech Developers Limited IPO
Macrotech Developers Limited was a mainboard IPO in the Residential Commercial Projects sector, offered at ₹241.5–₹243 per share to raise ₹2,500 crore. The issue was subscribed 1.36× overall (QIBs 3.05×, NIIs 1.44×, retail 0.4×). It listed on 19 Apr 2021 at ₹218 and closed its first day at ₹233, a listing loss of -4.3% versus the ₹243 issue price. It now trades around ₹1,037 (+326.8% versus the issue price).
Frequently asked questions
- How many times was the Macrotech Developers Limited IPO subscribed?
- The Macrotech Developers Limited IPO was subscribed 1.36× overall — 3.05× in the QIB category, 1.44× among non-institutional investors, 0.4× in retail.
- What were the Macrotech Developers Limited IPO listing gains?
- Macrotech Developers Limited listed on 19 Apr 2021 at ₹218, closing its first day at ₹233 — a listing loss of -4.3% versus the ₹243 issue price.
- What were the retail allotment odds for the Macrotech Developers Limited IPO?
- Retail was subscribed 0.4×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 13 Apr 2021.
- What was the price band and lot size of the Macrotech Developers Limited IPO?
- The price band was ₹241.5–₹243 per share, with a minimum lot of 30 shares (₹7,290 at the upper band).
- Who were the registrar and lead manager for the Macrotech Developers Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.