May 05, 2021 09:47 PM IST
In a regulatory filing, Macrotech Developers, formerly known as Lodha Developers, informed that the company had pre-sales in the fourth quarter of FY21 totaling to Rs 2,013 crore.
- Apr 07, 2021 10:54 AM IST
Macrotech has now emerged as a much stronger play, leaving behind its past luggage
- Apr 05, 2021 04:20 PM IST
The company will launch its IPO on April 7 to raise Rs 2,500 crore through a fresh issue of shares. The issue will close on April 9. The price band is Rs 483-486 per share.
- Feb 19, 2021 09:17 AM IST
The leading residential developer in the Mumbai Metropolitan Region looks to raise nearly Rs 2,500 crore through the public issue
- Feb 16, 2021 10:13 PM IST
This is the third attempt by the Mumbai-based firm, which is known for luxury projects such as Trump Towers in Mumbai and Grosvenor Square in London, to launch an initial public offering.
- Jun 12, 2020 12:55 PM IST
Company spokesperson says there have been no salary cuts for FY 20-21 and the amount will be paid in full from the end of lockdown
- Apr 27, 2020 06:55 PM IST
The group’s UK business has generated new sales of about Rs 150 crore during the period, the company said
- Aug 16, 2019 02:12 PM IST
MDL said it is in advanced stages of negotiations to secure sufficient funds to repay the bond. Fitch said that if the company is able to complete the refinancing, it would consider removing the RWN
- Aug 02, 2019 03:57 PM IST
Moody's downgraded the corporate family rating of Macrotech Developers Limited (MDL)— formerly known as Lodha Developers Limited — to B3 from B2.
- May 02, 2019 09:50 PM IST
Operating sales in Mumbai and London were weaker by 20 percent and 50 percent, respectively, compared to the agency's expectations for the nine months to December 2018, it said.
- Feb 15, 2019 04:44 PM IST
Lodha Developers UK holds (LDUKL) two properties, 48 Carey Street and 1 Grosvenor Square, which it is building in London.
- Jan 28, 2019 08:04 PM IST
Lodha Developers, however, said the company's two transactions -- divestment of London assets and fund raise of about Rs 500 crore in Palava township -- have not been considered while assigning the ratings.
- Nov 29, 2018 09:16 PM IST
The talks are in advance stages and the deal is likely to be concluded soon, they added.
- Nov 28, 2018 02:25 PM IST
The UK projects are scheduled for completion soon – one in the first quarter of 2019 and the second one in quarter four of 2019.
- Nov 04, 2018 05:39 PM IST
The company has achieved sales of around Rs 4,200 crore during April-September period of 2018-19 fiscal year. Sales collections from customers stood at nearly Rs 5,000 crore during the period.
- Jul 23, 2018 03:52 PM IST
Total income of the company, which plans to launch its maiden public issue soon, rose by 22 percent to Rs 9,700 crore in the 2017-18 fiscal from Rs 7,957 crore in the previous year, sources said.
- Jul 15, 2018 02:10 PM IST
Reviving its IPO plan after eight years, the company had in April filed the draft red herring prospectus (DRHP) with the Sebi seeking approval to float an initial share-sale.
- Jul 15, 2018 10:10 AM IST
The first among the lot would be TCNS Clothing, which sells its products under W, Aurelia and Wishful brands, that will launch its Rs 1,125-crore initial share-sale this week.
- Jul 12, 2018 07:51 PM IST
Lodha Developers plans to raise about Rs 5,500 crore through its proposed initial public offer (IPO).
- Jun 28, 2018 04:48 PM IST
The company had filed preliminary papers with Sebi on April 26, seeking approval to float an initial public offering.
- Apr 26, 2018 05:20 PM IST
Mumbai-based Lodha Developers has revived its plans to launch an initial public offer (IPO) and will soon file draft red herring prospectus (DRHP) with Sebi.
- Dec 21, 2017 09:52 AM IST
India's main stock indexes have surged almost 30 percent this year, bolstered by strong foreign inflows, spurring companies to raise a record of more than $11 billion through IPOs so far this year.
- Nov 21, 2017 10:00 AM IST
The Mumbai-based Lodha Developers is one of the leading real estate firm in the country.
- Aug 29, 2017 11:49 AM IST
- Jul 30, 2017 12:52 PM IST
The Mumbai-based company had filed draft red herring prospectus (DRHP) with Sebi in September 2009 to raise about Rs 2,800 crore. The company got the Sebi nod in January 2010, but later shelved its plan to launch the IPO due to bad market conditions post the global financial crisis.