April 05, 2021
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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 OnWednesday, 07-Apr-21
Bid/Offer Closes OnFriday, 09-Apr-21
Price BandRs. 483 - Rs. 486 per equity share
Lot Size30 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 On07-Apr-21
Bid/Offer Closes On09-Apr-21
Finalization of Basis of Allotment16-Apr-21
Initiation of Refunds19-Apr-21
Credit of Shares to Demat Acct20-Apr-21
IPO Shares Listing Date22-Apr-21
UPI mandate expiry date29-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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