Macrotech Developers Limited IPO - Issue opens tomorrow; Know TOP 10 DETAILS including price band, lot size, maximum subscription limit

Macrotech Developers Limited IPO - Real Estate developer  Macrotech Developers Limited's Initial Public Offering (IPO) will open on Wednesday. It was formerly known as Lodha Developers. If you are planning to invset in this stock and want to know aboyt this issue, here is your complete information. Here are the top 10 things to knwo about Macrotech Developers' IPO.

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Macrotech Developers IPO - Here are the top 10 things to know about it
1) Issue Opening and Closing Dates - The issue opens on Wednesday and ends on Friday (7-9 April).

2) IPO Market Timings - Between 10 am and 5 pm

3) Post issue Modification Period - 12 April 2021 between 10 am and 11 am)

4) Price Band - Rs 483 - Rs 486

5) Issue type and issue size - The Macrotech Developers IPO is 100 per cent book building. Equity Shares aggregating upto Rs 25,000 million.

6) The bid lot comprises of 30 equity shares and in multiples thereof. The minimum order quantity is 30 equity shares. 

7) Maximum subscription amount for retail investor is Rs 2 lakh while maximum subscription amount for eligible employee Rs 5 lakh. 

8) Cut-off time for UPI Mandate Confirmation is 12 April 2021 up to 12 pm.

9) Global co-ordinators and Book Running Lead Managers include Axis Capital Limited, JP Morgan India Private Limited, Kotak Mahindra Capital Company Limited
10) Book Running Lead Managers - Edelweiss Financial Services Limited, ICICI Securities Limited, IIFL Securities Limited, SBI Capital Markets Limited, JM Financial Limited, YES Securities (India) Limited, BOB Capital Markets Limited while the sponsor bank is Kotak Mahindra Bank. Categories - FI, IC, MF, FII, OTH, CO, IND, NOH, IND and EMP