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Lodha Group Fires Up IPO Plans As Real Estate Bounces Back, May File Papers With Sebi By March


Lodha Group fires up IPO plans as real estate bounces back, may file papers with Sebi by March
Investment banks Axis Capital and JP Morgan have been roped in as advisors for the proposed listing. The Mumbai-based developer made two previous listing attempts in 2009 and 2018.
January 06, 2021 / 10:34 PM IST
This would mark the third attempt by the firm, which is known for luxury projects such the Trump Towers in Mumbai and Grosvenor Square in London, to launch an IPO.
Macrotech Developers (formerly Lodha Developers), one of India’s largest real estate players, is taking another stab at listing on the bourses on the back of a sharp surge in residential sales and improved investor sentiment and demand, people with direct knowledge of the matter told ....

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