Macrotech Developers IPO Subscribed 26% On First Day Of Issue

Macrotech Developers share sale via initial public offering (IPO) was subscribed 26 per cent on the first day of the issue, data from the National Stock Exchange showed. Macrotech Developers received 95,91,420 bids for 3,64,18,219 shares on offer. A total of 21,65,220 bids were received at the cut-off price, the data showed. The three-day share sale which began today will end on April 9.