Lodha Developers IPO Review

Lodha Developers  IPO

Lodha Developers Limited is a Mumbai based company engaged in the business of real estate development. According to Liases Foras. The company was the largest real estate developer in India by residential Sales for the nine months ended December 31, 2017, and financial year 2017. 

The company develops real estate across the residential and commercial sectors in the Mumbai Metropolitan Region (the “MMR”), Pune and London.

In our residential portfolio, we are present across multiple price points with unit values ranging from ₹ 3.50 million to ₹ 590 million. In our commercial portfolio, we develop office and retail projects as income-generating assets on lease model and sale model, with an increasing focus on the former.

 

Fast Facts About Lodha Developers

  • 37 ongoing projects. 
  • 54.77 million square feet developable area of completed projects.
  • 3,700 direct employees in India.
  • 30,300 apartments sold at Palava City since launch.
  • INR 3.50 million to INR 590 million range of affordable to high-end luxury residences.

 

Strength of Lodha Developers 

  • Leadership position with a strong execution record.
  • Multiple established brands.
  • Strong presence in the attractive real estate markets of Mumbai and Pune.
  • Diversified project portfolio in both the residential and commercial sectors.
  • Caters to a wide spectrum of customer segments.

Lodha Developers IPO Details

IPO Opens on:  December 2020 

IPO Closes on:  December 2020  

Price Band:  Rs  per share

Bid Lot: 0 shares and in multiples of 0 shares

Maximum Price: Rs 

Fresh issue: Rs Cr

Offer for Sale: Rs 

IPO Size: Rs 00 Cr (Approx)

Retail & Employees Discount: Rs 0 per share

Lodha Developers  Time Line

Finalisation of Allotment:  

Initiation of Refunds: 

Transfer of Shares to Demat Account: 

Listing At: NSE & BSE

Listing Date: 

Financial Performance of (in Crores) Lodha Developers

FY2018 FY2019 H1 FY2020
Total Revenue
Total Expense
Net Income
Net margin (%)

Lodha Developers IPO Valuations

Face Value = Rs 10

Earnings Per Share (EPS) = Rs 

PE Ratio = 0 (Approx)

Return on Net Worth (RONW) = %

Net Asset Value = Rs /Share

Lodha Developers IPO Subscription Details

Category Shares offered Subscription (no. of times, at 6 pm)
Day 1 Day 2 Day 3

QIB

NII
Retail
Employee
Total

Grey Market Premium of Lodha Developers IPO Day by Day

Grey market premium as on 00-00-2000 = Rs. 0-0/Share

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