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Lodha’s Rs 2.5k crore IPO subscribed 1.4 times

The IPO for Macrotech Developers (earlier known as Lodha Developers) closed on Friday with the issue subscribed 1.4 times the offer. The portion reserved for institutional investors was subscribed 3.1 times, while the retail investor portion was subscribed 0.4 times and the non-institutional (high net worth investors) category was subscribed 1.5 times.

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