Macrotech Developers Limited which had tapped the capital markets with its fresh issue to raise Rs 2,500 crs completed was subscribed 1.37 times. The QIB portion was subscribed 3.06 times, HNI portion was subscribed 1.45 times, Retail portion was subscribed 0.40 times and Employee portion was subscribed 0.17 times. There were 1.67 lac applications.

Earlier the company had completed allocation to anchor investors. The company allotted 1,52,46,913 shares to 14 anchor investors comprising of 21 entities at Rs 486. The highest allocation was made to Nomura and Ivanhoe OP who were allotted 23.85 lac shares a piece or 15.64% of the anchor allocation. Smallcap World Fund along with American Funds was also allotted 23.85 lac shares or 15.64% of the anchor book. This was followed by Wellington Trust who was allotted 13.41% along with two other funds. The top four anchors were allotted 60.33% of the anchor book.

The issue had opened on Wednesday the 7th of April and closed on Friday the 9th of April.

Full details of subscription are given below: –