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Macrotech Developers aims to raise Rs 2,500 crore through IPO; real estate firm issue opens on 7 April
Business

Macrotech Developers aims to raise Rs 2,500 crore through IPO; real estate firm issue opens on 7 April

The shares of the real estate firm, formerly known as Lodha Developers, will be offered at a price band of Rs 483-486; the proceeds from the IPO will be used to repay its Rs 1,500 crore debt as well as towards land acquisition and other corporate expenses