Macrotech Developers Limited (Formerly known as Lodha Developers) is one of the largest real estate developers in India, by residential Sales value for the financial years 2014 to 2020. (Source: Anarock Report). Its core business is residential real estate developments with a focus on affordable and mid-income housing. Currently, They have residential projects in the MMR and Pune. Palava (Navi Mumbai, Dombivali Region), Upper Thane (Thane outskirts), Amara (Thane), Lodha Sterling (Thane), Lodha Luxuria (Thane), Crown Thane (Thane), Bel Air (Jogeshwari), Lodha Belmondo (Pune), Lodha Splendora (Thane) and Casa Maxima (Mira Road) are some of its affordable and mid-income housing projects. Company generates maximum revenue from this segment as in the fiscal 2020, the revenue from this segment accounted for 57.77%. Under the logistic and industrial park portfolio, it has planned to develop an industrial park of over 800 acres of land near Palava. However, the commercial real estate portfolio includes projects like corporate offices, IT campuses, and boutique office spaces. As on Dec 31 2020, the firm has successfully completed 91 projects comprising 77.22 million sq. ft. of developable area, with 59.13 million sq. ft. in the affordable housing segment. Abhishek Mangal Prabhat Lodha, Rajendra Narpatmal Lodha, Sambhavnath Infrabuild and Sambhavnath Trust are the company promoters.

For year/ period ended ( in Cr.)

• India’s largest residential real estate developer with a leadership position in the attractive MMR market
• Strong sales distribution network across India as well as NRI markets i.e. GCC, UK, Singapore, and US.
• Brand equity and premium pricing.
• Strong project execution capabilities.
• Experienced management team.

• To reduce aggregate outstanding borrowings of the company on consolidated basis.
• To acquire land or land development rights.
• To meet general corporate purposes.

Macrotech Developers has planned to utilise the net proceeds from issue towards reduction of the aggregate outstanding borrowings of the company on a consolidated basis, acquisition of land or land development rights, and general corporate purposes. Since its debt-equity ratio will improve significantly & will enable the company to raise further resources at competitive rates in the future to fund potential business development opportunities and plans to grow and expand our business in the future. Hence, investor can subscribe this issue.