Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
IPO Status: Listed [3rd Mar 2021 to 5th Mar 2021]
| IPO Issue Opening Date: | 3rd Mar 2021 |
| IPO Issue Closing Date: | 5th Mar 2021 |
| IPO Issue Price: | ₹574-575 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 50 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹596.41 Cr |
| Offer for Sale: | 8,224,270 shares at ₹575 each [Aggregatng to ₹472.89 Cr] |
| Fresh Issue: | 2,148,149 shares at ₹575 each [Aggregatng to ₹123.52 Cr] |
| Face Value: | ₹10 Per Equity Share |
| IPO Discount: | NA |
| Promoter Holding Pre IPO: | 62.24% |
| Promoter Holding Post IPO: | 50.25% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543270 |
| NSE Code: | MTARTECH |
Get important updates regarding MTAR Technologies IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 10th Mar 2021 |
| Refunds Initiation* | 11th Mar 2021 |
| Credit of Shares to Demat* | 12th Mar 2021 |
| IPO Listing Date* | 15th Mar 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹574-575 |
| Market Lot: | 26 Shares |
| 1 Lot Amount: | ₹14950 |
| Min Small HNI Lots(2-10 Lakh): | 364 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 13-03-2021 | 575 | 580 | -- | ₹1155 (100.87%) | 13-Mar-2021 11:55 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
MTAR Technologies has filled DRHP to SEBI to raise funds through IPO. The company is going to issue 10,372,419 shares including an offer for sale (OFS) of 8,224,270 and a fresh issue of 2,148,149 of the face value of Rs. 10. IPO opening date is 3 March and closing date is 5 March 2021. The lot size is 26 shares and price band is Rs. 574-575. The floor price is 57.4 times and cap price is 57.5 times of the face value. Stay updated with us to get MTAR Technologies IPO Review including business overview, financials, Pros, Cons, IPO issue size, GMP, Live Subscription, Allotment and Recommendations.
MTAR Technologies is a leading precision engineering solutions company that manufactures mission critical precision components and critical assemblies to serve nuclear, space, defence, and clean energy sectors.
It manufactures a wide range of products including Liquid propulsion engines to GSLV Mark III, Actuators for LCA, Base Shroud Assembly & Airframes for Agni Programs, power units for fuel cells, Fuel machining head, Drive Mechanisms, Bridge & Column, Thimble Package, etc. MTAR has also developed import substitutes i.e. ball screws and water-lubricated bearings that are highly premium products for the Nuclear, Space, and Defence sector.
Some of the well-known names like DRDO, ISRO, Raefel, NPCIL, Bloom Energy, etc. are the customers. MTAR Technologies has 7 well-managed manufacturing facilities in Hyderabad, Telangana.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | NULL | ₹596.41 Cr | https://mtar.in/ |
The aim of the MTAR Technologies IPO is to raise money for the following purposes;
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 2,074,484 (28.57%) | 1,555,863 (21.43%) | 3,630,347 (50%) | 7,260,694 | |
| 1 | 3rd Mar 2021 05:02 | 0.00x | 1.02x | 6.93x | 3.68x |
| 2 | 4th Mar 2021 05:02 | 0.96x | 8.04x | 16.55x | 10.27x |
| 3 | 5th Mar 2021 05:02 | 164.99x | 650.79x | 28.40x | 200.79x |
| MTAR Technologies Limited Financials | 31-Dec-2020 | 31-Mar-2020 | 31-Mar-2019 | 31-Mar-2018 |
|---|---|---|---|---|
| Total Assets | ₹381.91 Cr | ₹346.27 Cr | ₹305.16 Cr | ₹281.03 Cr |
| Total Income | ₹177.99 Cr | ₹218.14 Cr | ₹185.91 Cr | ₹160.55 Cr |
| Net Profit/Loss | ₹28.07 Cr | ₹31.31 Cr | ₹39.20 Cr | ₹5.42 Cr |
Last Updated on 13-Apr-2021 01:06:59
