Shares of Macrotech Developers on Monday made a tepid market debut, itemizing with a reduction of over 10 per cent from the difficulty value of Rs 486.
The inventory listed at Rs 439, registering a decline of 9.67 per cent from the difficulty value on BSE. It additional tumbled 13.34 per cent to Rs 421.15.
On NSE, it debuted at Rs 436, decrease by 10.28 per cent from the difficulty value.
The preliminary public provide of realty main Macrotech Developers was subscribed 1.36 instances earlier this month.
Macrotech Developers, erstwhile Lodha Developers, fastened a value vary for the Rs 2,500-crore provide at Rs 483-486 per share.
