Our net debt will come down to Rs 12,000 crore level at the end of this April-June quarter with the help of the IPO proceeds and infusion of funds by
Market experts suggest booking losses and exit the counter
Shares of Macrotech Developers erstwhile Lodha Developers opened at Rs 436 per share on the National Stock Exchange, Rs 50 lower than the issue price
Investors who bid for Macrotech Developers’ shares during the book-building process of the initial public offerings (IPO) may face some disappointme
Macrotech Developers, which recently concluded its Rs 2,500-crore initial public offering, will make its debut on the stock exchanges on April 19, Mon
Ace investor Rakesh Jhunjhunwala has subscribed to Macrotech Developers IPO on the first day of public offer on April 7
The Rs 2,500-crore Macrotech Developers IPO received bids for 1,26,56,070 shares against 3,64,18,219 shares on offer
The issue received bids for 95,91,420 shares against 3,64,18,219 shares on offer, as per NSE data
In the grey market, the issue is quoting at Rs 5-6 premium while analysts have raised concerns about high leverage on the balance sheet
Macrotech Developers has fixed a price band of Rs 483-486 for the upcoming public offer