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Macrotech Developers has allotted 2,98,89,353 equity shares of Rs 10 each to eligible qualified institutional buyers at the issue price of Rs 1,098 per equity shares (including a premium of Rs 1,088 per equity shares ) against the floor price of Rs 1,129.48 per equity shares, aggregating to Rs 3281.85 crore, pursuant to the QIP issue.
Pursuant to the allotment of equity shares, the paid-up equity share capital of the company stands increased to Rs 994.42 crore comprising of 99,44,20,185 equity shares.
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