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Macrotech Developers closes QIP issue

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Capital Market
Last Updated : Nov 18 2021 | 9:51 AM IST

To issue equity shares at Rs 1170 to eligible QIBs

Macrotech Developers (LODHA) announced the closure of its QIP issue today, 18 November 2021. The company has determined and approved the issue price of Rs 1170 per equity share which is at a discount of 1.24% to the floor price of Rs 1184.70 per equity share for the equity shares to be allotted to the eligible qualified institutional buyers in the Issue.

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First Published: Nov 18 2021 | 9:30 AM IST

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