Lodha Developers IPO GMP History
Lodha Developers IPO has been listed on April 19, 2021 at a listing price of ₹436, against the issue price of ₹486 — a loss of ₹50 (-10.29%). The GMP peaked at ₹15 on 8 April 2021 and reached a low of ₹10 on 7 April 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Lodha Developers IPO raised ₹2500 Cr. through its IPO at a price band of ₹483 to ₹486 per share, with a lot size of 30 shares. The IPO was open for subscription from 07 Apr 2021 to 09 Apr 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:18 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 08 Apr 2021 | ₹ 15 | ▲ | 3% | — | — |
| 07 Apr 2021 | ₹ 10 | — | 2% | — | — |
Lodha Developers IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 07 Apr 2021
- Close 09 Apr 2021
- Allotment 16 Apr 2021
- Refund/credit 19 Apr 2021
- Listing 19 Apr 2021
Lodha Developers IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹486 |
|---|---|
| GMP-based estimate (pre-listing) | ₹501 (+3.1%) |
| Listing gain / loss | −₹50 per share |
| Listing date | 19 Apr, 2021 |
| Actual listing price | ₹436 (-10.29%) |
Is Lodha Developers IPO GMP reliable?
Grey market premium for Lodha Developers IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Lodha Developers IPO full review for a fundamentals-based assessment before making any grey market trades.
Lodha Developers IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Lodha Developers IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Lodha Developers IPO
Macrotech Developers Limited was incorporated as Lodha Developers Private Limited at Mumbai on 25 September 1995. It develops affordable, mid-income and premium homes, and in 2019 it began developing logistics and industrial parks along with commercial real estate.
Its housing projects include Palava, Upper Thane, Amara, Lodha Sterling, Crown Thane, Bel Air and Lodha Belmondo in Pune. Affordable and mid-income housing gave 57.77% of revenue in fiscal 2020.
On 31 December 2020 it had completed 91 projects with 77.22 million sq. ft. of developable area. It planned an industrial park of over 800 acres near Palava.
The IPO was Rs 2,500 crore and was entirely fresh issue. Rs 1,500.00 crore was planned for cutting borrowings and Rs 375.00 crore for buying land or land development rights.
Frequently asked
What is the GMP of Lodha Developers IPO?
The current Grey Market Premium (GMP) of Lodha Developers IPO is ₹ 15.
What is the Kostak Price of Lodha Developers IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Lodha Developers IPO is not available.
What is the Subject to Sauda Price of Lodha Developers IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Lodha Developers IPO?
Lodha Developers IPO listed on April 19, 2021 at ₹436, against the issue price of ₹486 — a loss of -10.29%.
How did the GMP of Lodha Developers IPO trend before listing?
The GMP of Lodha Developers IPO was rising in its final days before listing. The GMP peaked at ₹15 on 8 April 2021. View the day-wise table above for the complete GMP history.
Explore Lodha Developers IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
