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Company Profile

MACROTECH DEVELOPERS LTD.

NSE : LODHABSE : 543287ISIN CODE : INE670K01029Industry : Construction - Real EstateHouse : Private
BSE1133.75-18.15 (-1.58 % )
PREV CLOSE (Rs.) 1151.90
OPEN PRICE (Rs.) 1177.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 21380
TODAY'S LOW / HIGH (Rs.)1123.05 1177.95
52 WK LOW / HIGH (Rs.)394.5 1277.45
NSE1135.85 -12.2 (-1.06 % )
PREV CLOSE(Rs.) 1148.05
OPEN PRICE (Rs.) 1157.25
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 1135.85 (2675 )
VOLUME 2245991
TODAY'S LOW / HIGH(Rs.) 1123.25 1166.75
52 WK LOW / HIGH (Rs.)394 1277.9

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 0.18
TTM EPS (Rs.) 13.60
P/E Ratio 83.34
Book Value (Rs.) 160.80
Face Value (Rs.) 10
MCap (Rs. in Mn) 1127464.73
Price/Earning (TTM) 74.17
Price/Sales (TTM) 12.48
Price/Book (MRQ) 7.05
PAT Margin (%) 3.50
ROCE (%) 3.54
Incorporation Year : 1995

Management Info :

Mukund Manohar Chitale - Chairman Abhishek Lodha - Managing Director

Registered Office :

Address : 412, Floor- 4, 17 G Vardhaman Chamber,Cawasji Patel Road,Horniman Circle, Fort,
Mumbai,
Maharashtra-400001

Phone : 022-23024400 / 67737373

Website : www.lodhagroup.in

Registrar's Details : Link Intime India Pvt Ltd.
C 101, 247 Park,LBS Marg,Vikhroli (West),Mumbai
Listing : BSE, NSE
NEWS More
11Mar03-11-2024$Macrotech Developers climbs on raising Rs 3,300 crore via QIP Macrotech Developers climbs

Macrotech Developers is currently trading at Rs. 1202.00, up by 30.15 points or 2.57% from its previous closing of Rs. 1171.85 on the BSE.

The scrip opened at Rs. 1195.30 and has touched a high and low of Rs. 1277.45 and Rs. 1186.10 respectively. So far 12903 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,277.45 on 11-Mar-2024 and a 52 week low of Rs. 390.33 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 1,277.45 and Rs. 1127.00 respectively. The current market cap of the company is Rs. 121095.52 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 24.29% and 0.78% respectively.

Macrotech Developers has raised Rs 3,300 crore by selling shares to institutional investors. The Qualified Institutional Placement (QIP) was oversubscribed nearly 3 times within 5 hours of issue opening and witnessed traction from a diversified set of investors with a long-term outlook, including sovereign funds, pension funds, insurers etc. This is the fourth equity raise by Macrotech Developers in the last 36 months and the company has raised over Rs 13,000 crore. The entire book was allocated to marquee global investors.

Macrotech Developers is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.


Macrotech Developers is currently trading at Rs. 1202.00, up by..
11Mar03-11-2024$Macrotech Developers, Tata Technologies and JSW Energy to see some action today Macrotech Developers, Tata T

Macrotech Developers has raised Rs 3,300 crore by selling shares to institutional investors. The Qualified Institutional Placement (QIP) was oversubscribed nearly 3 times within 5 hours of issue opening and witnessed traction from a diversified set of investors with a long-term outlook, including sovereign funds, pension funds, insurers etc. This is the fourth equity raise by Macrotech Developers in the last 36 months and the company has raised over Rs 13,000 crore. The entire book was allocated to marquee global investors.

Tata Technologies has signed a 5-year Memorandum of Agreement (MoA) with the Government of Telangana to modernize 65 government-owned ITIs across the state with a total project cost of Rs 2324 crore. This collaboration is an extension of Tata Technologies' efforts to support projects of high social impact and complement the efforts of the Telangana Government to enhance the availability of skilled talent and attract investments from industries desirous of setting-up manufacturing infrastructure in Telangana. 

JSW Renewable Technologies, a wholly owned subsidiary of JSW Neo Energy (JSW Neo) and step-down subsidiary of JSW Energy, has entered into a technology licensing agreement with SANY Renewable Energy for the manufacturing of 3.X MW WTGs in India for captive usage by the Company.

Panabyte Technologies has received a Sub-contract work order from Esec Security Consultants to carry out Installation work of Access Control System at Delhi Airport. Broad consideration or size of the order is Rs 43.27 lakh. 

Ravindra Energy (REL) has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL), to develop and operate 100 MW(AC) of decentralized feeder level PV solar projects. This LoA has been issued under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY) of the Government of Maharashtra. 

Entero Healthcare Solutions has received approval to acquire balance 12,00,000 Equity Shares (representing 15% paid up equity share capital) from erstwhile promoters of Getwell Medicare Solution (Getwell) in terms of Share Purchase cum Shareholders‘ Agreement (SPSA) dated December 20, 2018 and thereby making Getwell a wholly-owned subsidiary of the Company. The said acquisition is expected to completed on March 14, 2024. The Board of Directors of the Company at their meeting held on March 08, 2024 has approved the same. 

Dilip Buildcon has declared as L-1 bidder for the tender floated by the National Highways Authority of India (NHAI) on Hybrid Annuity basis in the state of Tamil Nadu. The project is for ‘Improving the Alignment of Thoppur Ghat Section from Km 158+500 to 165+100 in Dharmapuri - Salem Section of NH-44 under NH(O) 2023-24 on Hybrid Annuity Mode in the State of Tamil Nadu.’ The bid project cost is Rs 548 crore. The completion period of the project is 36 months.

Macrotech Developers has raised Rs 3,300 crore by selling share..
09Mar03-09-2024$Macrotech Developers raises Rs 3,300 crore via QIP Macrotech Developers raises

Macrotech Developers has raised Rs 3,300 crore by selling shares to institutional investors. The Qualified Institutional Placement (QIP) was oversubscribed nearly 3 times within 5 hours of issue opening and witnessed traction from a diversified set of investors with a long-term outlook, including sovereign funds, pension funds, insurers etc. This is the fourth equity raise by Macrotech Developers in the last 36 months and the company has raised over Rs 13,000 crore. The entire book was allocated to marquee global investors.

Macrotech Developers is primarily engaged in affordable residential real estate developments and in 2019, it entered into the development of logistics and industrial parks and also develop commercial real estate.


Macrotech Developers has raised Rs 3,300 crore by selling share..
07Mar03-07-2024$Macrotech Developers informs about outcome of committee meet Macrotech Developers informs
Further to its letter dated March 4, 2024 intimating about the meeting of the Committee for Fund Raise of the board of directors to be held on March 7, 2024 in respect of the Issue, Macrotech Developers has informed that the Committee at its meeting held today, March 7, 2024 has, passed the following resolutions: a. Approving the closure of the issue period for the Issue today March 7, 2024; b. Determining and approving the issue price of ? 1,098 per Equity Share (including a premium of ? 1,088 per Equity Share), which is at a discount of 2.79% (i.e., ? 31.48 per Equity Share) to the floor price of ? 1,129.48 per Equity Share]determined as per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible qualified institutional buyers in the Issue; c. Approving and finalising the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue; and d. Approving and adopting placement document dated March 7, 2024 in connection with the Issue. In this relation the company is filing the placement document dated March 7, 2024 with the BSE and National Stock Exchange of India. The meeting of the Committee commenced at 8.30 am and concluded at 9.00 am.

The above information is a part of company’s filings submitted to BSE.
Further to its letter dated March 4, 2024 intimating about the..
27Feb02-27-2024$Real estate stocks surge after RBI says All-India House Price Index grows to 3.8% in Q3FY24 Real estate stocks surge aft

The real estate industry related stocks surged on the BSE after the Reserve Bank of India (RBI) in its latest report has showed that All-India house price index (HPI) increased by 3.8 per cent year on year (y-o-y) in Q3:2023-24 (Q3FY24) compared to 3.5 per cent growth in the previous quarter and 2.8 per cent a year ago.

Macrotech Developers is currently trading at Rs. 1142.00, up by 26.35 points or 2.36% from its previous closing of Rs. 1115.65 on the BSE.

DLF is currently trading at Rs. 916.60, up by 13.50 points or 1.49% from its previous closing of Rs. 903.10 on the BSE.

Sobha is currently trading at Rs. 1620.00, up by 42.95 points or 2.72 % from its previous closing of Rs. 1577.05 on the BSE.

According to the report, Chennai emerged as the city with the highest growth rate at 8.4 per cent, while Kochi saw the most negligible growth at just 0.6 per cent. On a sequential (q-o-q) basis, all-India HPI increased by 1.6 per cent in Q3:2023-24. It said among the ten cities, six (viz., Delhi, Mumbai, Chennai, Bengaluru, Ahmedabad and Kochi) recorded a rise in house prices during the latest quarter.

The quarterly house price index released by RBI for Q3:2023-24, based on transaction-level data received from the registration authorities in ten major cities. The HPI serves as a vital barometer for the health of the real estate sector, a sector that significantly influences the broader economy through its connections to construction, finance, and consumer spending.


The real estate industry related stocks surged on the BSE after..
Financials More
Rs. in Millions
QTR Dec 23 ANNUAL 23
Net Profit31323054.1
Gross Profit 4452 1942.9
Operating Profit 881320937
Net Sales 2793987346
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
PROMOTERS 74.92 %
FI/BANKS/INSURANCE 2.57 %
NON-INSTITUTION 0.78 %
MUTUAL FUNDS/UTI 0.63 %
GOVERNMENT 0 %
FII 0 %
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