Macrotech Developers Share Price Live
LODHA
Large Cap | Construction
Live Macrotech Developers Share Price Chart
O H L VOL
Days Range
Data is not available currently. Please check back later.
Data is not available currently. Please check back later.
About Macrotech Developers
Macrotech Developers Ltd is mainly involved in the real estate development business. It was incorporated as Lodha Developers Private Limited in 1995. In 2005, the company launched Lodha Paradise in Thane. In 2008, it received an investment of ₹16,400 million from Deutsche Bank in Cowtown Infotech Services Private Limited. After 3 years, It acquired the Wadala land parcel through an auction process conducted by the Mumbai Metropolitan Region Development Authority.
The company continued its business growth and expanded into the UK by acquiring two development sites in Central London, including the Canadian High Commission, in 2014. The year 2018 witnessed several milestones, including the acquisition of five acres of land parcel in Jogeshwari, the launch of the Seamont project in Walkeshwar, and follow-on fund-raising of USD 125 million on 12% USD bonds due in 2020.
In 2020, the company repaid the bond of USD 325 million and raised the fresh bond of USD 225 million due 2023 by its subsidiary, Lodha Developers International Limited. In 2021, the company went public after launching an IPO and got listed on BSE and NSE.
Business Segments
- Residential Property: Under this segment, the company deals with affordable and mid-income housing projects and premium and luxury housing projects.
- Logistics and Industrial Park: The company is engaged in constructing logistics and industrial parks under this business avenue.
- Commercial Property: Under this business segment, it constructs office and retail projects.
- Apollo Complex Pvt. Ltd: It is a wholly owned subsidiary that is engaged in managing the common areas and facilities of the Apollo Mills Compound.
- Bellissimo Buildtech LLP: This wholly-owned subsidiary is engaged in developing residential/commercial premises and related activities.
- Bellissimo Estate Private Limited: This wholly-owned subsidiary deals with developing residential/commercial premises and related activities.
- Brickmart Constructions and Developers Private Limited: It is a wholly-owned subsidiary involved in developing residential/commercial premises and related activities.
- Classichomes Developers and Farms Private Limited: This wholly-owned subsidiary is involved in the development of residential/commercial premises and related activities
- Cowtown Infotech Services Private Limited: This wholly-owned subsidiary was incorporated as a private limited company in 1985. It is engaged in the development of residential/commercial premises and related activities
Key Personnel
Abhishek Lodha, Managing Director & CEO Abhishek Lodha holds a postgraduate degree in industrial and systems engineering (supply chain & logistics) from Georgia Institute of Technology. He possesses a rich experience of 21 years in design, sustainability, financial stewardship, business development, strategy and strategic communication, risk management, leadership, public affairs and governance, among others. He worked as a business analyst with McKinsey & Company, Atlanta, United States, prior to joining the company,Corporate Actions
The company announced a bonus issue in the ratio of 1:1 at the record date of May 31, 2023.Parent Organisation
Indian Private
Managing Director
M M Chitale
Founded
1995
NSE Symbol
LODHA
Community Discussion
A
AngelOne
10th July 2024
0 Likes
0 Replies
A
AngelOne
10th July 2024
Macrotech Developers Ltd-latest-market-updates-58358
0 Likes
0 Replies
Macrotech Developers Ltd FAQs
What is the share price of Macrotech Developers Ltd (LODHA) shares?
Macrotech Developers Ltd (LODHA) share price as of July 26, 2024, on NSE is Rs 1396.2 (NSE) and Rs 1396.2 (BSE) on BSE.
Can I buy Macrotech Developers Ltd (LODHA) from Angel One?
Yes, You can buy Macrotech Developers Ltd (LODHA) shares by opening a Demat account with Angel One.
How do I buy Macrotech Developers Ltd (LODHA) from Angel One?
Macrotech Developers Ltd (LODHA) share can be bought through the following modes:
1. Direct investment: You can buy Macrotech Developers Ltd (LODHA) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Macrotech Developers Ltd (LODHA) shares.
1. Direct investment: You can buy Macrotech Developers Ltd (LODHA) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Macrotech Developers Ltd (LODHA) shares.
What is the main business of Macrotech Developers (Lodha)?
Macrotech Developers (Lodha) is a real estate development firm that creates, builds, and sells luxury residential and commercial properties. They also provide property management and have offices in India and the United Kingdom.
Who are the promoters of Macrotech Developers (Lodha)?
Sambhavnath Infrabuild And Farms Pvt Ltd, Abhishek Mangal Prabhat Lodha, and Sambhavnath Trust (through its trustees Abhishek Lodha and Vinti Lodha) are the promoters of Macrotech Developers (Lodha).
What are the Subsidiaries that comes under Macrotech Developers (Lodha)?
Lodha Crown Buildmart Private Limited, Lodha Developers International LLP, Lodha Excelus Private Limited, and Lodha Ventures Investment Advisors Private Limited are all subsidiaries of Macrotech Developers (Lodha).
Open Free Demat Account!
Enjoy Zero Brokerage on Equity Delivery
Join our 2 Cr+ happy customers
Related Blogs
View All
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage on Equity Delivery
Get the link to download the App
