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Twenty First Century Management Services Ltd

Macrotech Developers Ltd

BSE : 543287|NSE : LODHA|ISIN : INE670K01029

Macrotech Developers Ltd Company History

Macrotech Developers is primarily engaged in the business of real estate development.

2005
2006
2008
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023

2005

Launched Lodha Paradise in Thane.

2005

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2006

Start of acquisition of land for Palava city.

Macrotec Constructions Private Limited (the erstwhile Subsidiary) won the bid for Apollo Textile Mills in an auction from National Textile Corporation for Bellissimo, Primero & Excelus projects.

2006

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2008

Investment of Rs. 16,400 million from Deutsche Bank in Cowtown Infotech Services Private Limited.

Investment from ICICI Ventures in Lodha Elevation Buildcon Private Limited in respect of ‘iThink Thane’.

2008

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2010

Launch of Phase I of Palava City.

2010

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2011

Investment from HDFC Venture Fund and Tramos Limited in Shreeniwas Cotton Mills Limited (Rs. 5,000 million).

Acquisition of Wadala land parcel through auction process conducted by Mumbai Metropolitan Region Development Authority.

Launch of World One project in Lower Parel, Mumbai.

2011

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2012

Exit of Deutsche Bank from Cowtown Infotech Services Private Limited.

Launch of New Cuffe Parade project in Wadala, Mumbai.

2012

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2013

Launch of South Mumbai’s largest landscape, ‘The Park’ in Worli.

Acquisition of Washington House for Lodha Altamount project from the US Government.

2013

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2014

Expansion into UK with acquisition of two development sites in Central London, including Canadian High Commission.

‘The Global Leadership in Real Estate Award’ in the NDTV Property Awards

‘The Most Trusted Real Estate Brand in the Country’ by the Brand Trust Report

Ranked as one of India’s Best Companies to Work for, 2014’ by Great Places to Work

‘India’s Most Admired Builders’ by the Construction World Architect & Builder (CWAB)

2014

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2015

Successful closure of international bond offering of 12% USD 200 million due in 2020 by our Subsidiary, Lodha Developers International Limited.

Launched Lodha Luxury collection for super high-end residential.

Acquisition of 87 acre land from Clariant Chemicals in Thane.

‘Special Recognition Award’ in the ET Best Realty Brands (BRB) Awards

Ranked as one of India’s Best Companies to Work for, 2015 by Great Places to Work

2015

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2016

Launch of Amara in Thane.

‘Best Private Township’ in the BW Business World Smart Cities Awards

Certificate of recognition for ‘Iconic Upcoming Project- World One Worli’ as the Times Realty Icon 2016 by Optimal Media Solutions

2016

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2017

Exit of HDFC Venture Fund and Tramos Limited from Shreeniwas Cotton Mills Limited.

Exit of ICICI Ventures (iThink Thane in Lodha Elevation Buildcon Private Limited).

Launch of Lincoln Square project in London.

Best ‘Social Media Integrated Campaign’ for the World Towers at the National Awards for Marketing Excellence by Times Network

‘Most Respected Real Estate Brand – India’ by 2017 Grohe Hurun

Scroll of Honthe award for ‘Marketing Firm of the Year – India’ by CREDAI

Highest Livability Quotient” for Palava, by JLL’s livability quotient

2017

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2018

Follow-on fund raising of USD 125 million on 12% USD Bonds due in 2020.

Development finance tied up for both the London properties.

Acquisition of five acres of land parcel in Jogeshwari.

Launch of Seamont project in Walkeshwar, Mumbai.

Launch of Upper Thane project in Thane.

Lodha Altamount recognised as one of the ‘Best Residential Project under Ultra-Luxury Segment’ in the West Zone of India by CNBC Awaaz Real Estate Awards 2017-18

2018

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2019

Joint Venture with ESR Mumbai 3 Pte. Limited for developing an industrial park at Palava.

Sale of NCP commercial tower 1 for a total consideration of INR 10,550 million through sale of shares of subsidiary company to Varde Group, Singapore.

Best Activation Campaign Store Launch for Lodha Xperia Mall by the Activation Venue Forum

‘Golden Brick Outstanding Project of the Year – Mix Land Development’ for the Palava City at the Golden Brick Awards 2019

2019

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2020

Repaid the bond of USD 325 million and raised the fresh bond of USD 225 million due 2023 by the subsidiary, Lodha Developers International Limited.

Development finance fully repaid and consummated inventory finance for both the London properties.

Launch of ‘Lodha Crown’ in Thane.

Certificate of recognitions for ‘The Project of the Year’ and ‘Top Super Luxury Segment Homes (above 3 cr)’ for the World Towers, Mumbai project as the Times Real Estate Icons, West India 2020 by Optimal Media Solutions

Certificate of recognition for ‘Top Developer of the Year’ as the Times Real Estate Icons, West India 2020 by Optimal Media Solutions

Company name has changed to Macrotech Developers Ltd. from Lodha Developers Pvt. Ltd..

2020

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2021

Launch of ‘Lodha Villa Royale’ in Thane

2021

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2022

Macrotech Developers announced a partnership with Tata Power, to provide end-to-end EV charging solutions in all its residential and commercial projects across Mumbai.

Macrotech Developers partners with Bain Capital and Ivanhoe Cambridge.

2022

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2023

Company has issued Bonus Shares in the Ratio of 1:1.

2023

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548):

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