Macrotech Developers Limited IPO Message Board (Page 8)

Anchor allocation

https://www1.nseindia.com/content/ipo/ANCHOR_LODHA.zip

Wondering what FIIs are thinking and applying in anchor,
Even in kalyan there were FIIs in anchor allotment, still kalyan listed in discount and now available in more than 10% discounted price.

Kalyan and Lodha what is common ?
BIG B is brand ambassador in both 🤣😅😂

Usually FII are mostly invest for long term that is years. Overall anything will go up in the long run (more or less). And the they buy big, so for example, secondary market is not the place if you want 1% of shares in company since this buying act itself will drive the price up.

Pricing looks ok for me, only concern is BIG debt and mantle of promoter.

will avoid due to promoter reputation

clear avoid

It is said that money has no color despite people saying black, white , green etc etc.

Same thing applies to this IPO. Despite having such a stinking market reputation......there will still be people who will look for some money here and there will be people who will be applying. Listing gain or not....is other topic.....question for all of us is......If investing in such companies really make sense when market is full of opportunities for mid to longer terms........

Suno sabki par karo sirf apne man ki.

GMP 2 rs. Buyer only...
Almost 1 to 1.5 per 1 lagega...

https://www.thehindubusinessline.com/companies/residents-of-mumbai-based-world-crest-in-property-tax-dispute-with-lodha-developers/article34246942.ece

Company’s cash flow has been quite impressive with cumulative OCF and FCF of ~Rs.54bn and ~Rs.52bn, respectively through FY18-9MFY21.

Pls apply and if you wish to buy 15 more application subject to allotment, let me know ur price. Happy to Trade.

Moody’s Investors Service changed the outlook on Macrotech’s ratings to stable from negative in November, citing better liquidity after the firm refinanced a construction loan and improved operating performance. It said the Caa1 rating primarily reflects a high degree of refinancing risk for the firm

Avoid.... They have change accounting policy show higher Return.... Notes to account of 2019 balance sheet available on their website

Avoid.... They have changed accounting policy show higher Return.... Notes to account of 2019 balance sheet available on their website

Looking to current situation of virus spread and market condition, it is advisable to keep distance from primary market. Many states are working towards partial lockdown.

do not subscribe

Macrotech Developers Ltd IPO
GMP:- 13

Scanty Volume

Are You Applying this IPO to See Famous and Good Quality Real Estate Developers (Lodha Developers) Property in Your Demat Account? :)

Any reason why reality index companies are UP today ? results are good or we dont know something is good going to happen?

@owls eye, I don''t think any big loss in avoiding this ipo. Anchor book will be out today and it will be a decent one. But good anchor book does not give you good listing gain, irfc ipo proved this theory very well.

Since we have less than 5% GMP on table, we should avoid this ipo because recent ipo with great GMP listed on discount and some of them are still below their issue price. We should not forget easymytrip ipo bluff which had around 70% GMP but listed with 20% gain.

Shriram property may file drhp next week for 800cr ipo. Another real estate company.

https://www.livemint.com/market/ipo/shriram-properties-to-file-draft-papers-for-800-crore-ipo-11617644811412.html

Is there any parent company so that we can get shareholders quota eligibility?

avoid - u have lot many in secondary market

Company is not clear in its business strategy. What skill set they had for foreign foray? Now they are saying we will focus only in India. but who knows these fellows?

Why are there so many lead managers(total 10)? Any expert please explain

avoid

Management wants to utilize your money to pay off only some of its debt. Company''s profits are falling continuously and currently it is in loss. Also, its a huge issue. Added to these is the increasing Corona cases in Maharashtra where the company is concentrated. So, it will be better to avoid this IPO. I don''t think, it will give any sizeable listing gains. It may actually list at discount.

This is the third attempt of the company to come up with an IPO which clearly shows the problem with the company.

https://www.google.com/amp/s/www.hindustantimes.com/business/investors-line-up-for-lodha-developers-ipo-101617571339267-amp.html

The Mumbai-based firm, formerly called Lodha Developers, launches its Rs 2,500 crore share sale on April 7. Canadian alternative investment major Brookfield Asset Management Inc., US-based private investment management firm Wellington Management Co., Abu Dhabi Investment Authority (ADIA), Ivanhoe Cambridge and HDFC Mutual Fund are likely to be among the anchor investors, the people cited above said.

IPO by companies like Macrotech means end of bull market/IPO market. It''s highlt leveraged. Loan of 18800 cr. Once on verge of liquidation. Be cautious.

Over the last seven consecutive years Lodha Group has clocked business of over 50000 Cr. which itself is truly a testimony of its leading market position followed by Godrej

Avoid... Share likely to be listed on discount...