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Macrotech IPO: Macrotech to use IPO proceeds as growth capital and to reduce debt: Abhishek Lodha

You want to raise around Rs 2,500 crore, which is the issue size. The value of the share has been pegged at Rs 483 to Rs 486 per share. How much of this is going to be via fresh issue and how much is via OFS? And post the IPO, to what extent will the promoters holding in Macrotech come down? The issue opens on the 7th of April and closes on the 9th. It is a fresh issue of share. There is no sale of shares by any party or the promoters. We are raising Rs 2,500 crores as fresh money into the company which will be approximately 11.5% of the post-issue equity capital of the company. The price band on the issue is 483 to 486 per share.

United kingdomCity ofAbhishek lodhaMacrotech developersUpper thaneMira roadMacrotech ipoReal estateLodha groupEt nowStock marketHome ownershipஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்அபிஷேக் லோதாமேல் தானே

Lockdowns a big spur for home ownership: Abhishek Lodha, Macrotech Developers

Lockdowns a big spur for home ownership: Abhishek Lodha, Macrotech Developers SECTIONS Last Updated: Apr 05, 2021, 05:14 PM IST Share Synopsis We are bullish on our outlook for the housing market over the next few years. Supply and demand are quite balanced with wage growth in India between 6% to 8%, we expect price growth in housing to be around similar levels. Agencies The lockdowns have been a big spur for home ownership because when people spend a large amount of time at home, they definitely want bigger and better homes, said You want to raise around Rs 2,500 crore, which is the issue size. The value of the share has been pegged at Rs 483 to Rs 486 per share. How much of this is going to be via fresh issue and how much is via OFS? And post the IPO, to what extent will the promoters holding in Macrotech come down?

United kingdomCity ofAbhishek lodhaMacrotech developersUpper thaneMira roadReal estateLodha groupHome ownershipஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்அபிஷேக் லோதாமேல் தானேமிரா சாலைரியல் எஸ்டேட்லோதா குழு

Lockdowns a big spur for home ownership: Abhishek Lodha, Macrotech Developers

Lockdowns a big spur for home ownership: Abhishek Lodha, Macrotech Developers
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United kingdomCity ofAbhishek lodhaMacrotech developersUpper thaneMira roadஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்அபிஷேக் லோதாமேல் தானேமிரா சாலை