MTAR Technologies IPO Date, Price, GMP, Review, Details

MTAR Technologies IPO

MTAR Technologies IPO subscription open date is 03 March 2021 and the close date is 05 March 2021. Investors can buy a minimum lot of 26 Shares with a Price Band of Rs. 574 – 575 Rs. Per Equity Share.

MTAR Technologies Limited IPO will be subscribed with a premium of Rs 565 per equity share & the issue price is 57.5 times of the face value.

MTAR Technologies IPO Allotment Status

Investors can Check their MTAR Technologies IPO Allotment Status on Registrar’s website.

You can Check MTAR Technologies IPO Allotment Status On BSE Website.

MTAR Technologies IPO Details

Open Date03 March 2021
Close Date05 March 2021
Allotment Date10 March 2021
Listing Date16 March 2021
Minimum Quantity (Market Lot)26 Shares
Share Price574 – 575 Rs. Per Equity Share
Face Value10 Rs. Per Equity Share
One Market Lot Price14,950 Rs.
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MTAR Technologies IPO Date

Open Date03 March 2021
Close Date05 March 2021
Allotment Finalisation10 March 2021
Refund (From ASBA Account)12 March 2021
Share Transfer To Demat Account15 March 2021
Listing Date16 March 2021

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MTAR Technologies IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum12614950
Maximum133381,94,350

MTAR Technologies Limited IPO Objectives

ParticularsAmount (₹ in million)
Repayment or prepayment in full or part of borrowings availed by the Company500.00
Funding working capital requirements950.00
General corporate purposes[●]
Net Proceeds[●]

MTAR Technologies IPO Subscription Status

DateQIB (x)NII (x)Retail (x)Total (x)
03 March 20210.001.026.933.68
04 March 20210.956.9015.489.49
05 March 2021164.99650.7928.40200.79

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MTAR Technologies IPO GMP

DateGMPKostakSauda
25-Feb-2021N/AN/AN/A
24-Feb-2021N/AN/AN/A

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MTAR Technologies IPO Listing Gains

IPO Listing Day DetailsNSEBSE
IPO Listing Date16 March 202116 March 2021
IPO Cutoff Price575 Rs.575 Rs.
IPO Listing Price
Listing Gains / Per Equity Shares
Listing Gains (%)
Closing Price
Day High
Day Low
Upper Circuit
Lower Circuit
Total Shares Traded

MTAR Technologies IPO Share

IPO Issue Size10,372,419 Shares
Fresh Issue2,148,149 Shares
Offer For Sale8,224,270 Shares
Exchange ListingNSE, BSE

MTAR Technologies Balance sheet

Date30-Sep-2031-Mar-2031-Mar-1931-Mar-18
Total Assets 3,594.343,462.713,051.582,810.32
Total Income1,226.082,181.421,859.101,605.45
Total Expense954.441,726.091,456.491,433.90
Profit After tax (PAT)192.13313.18391.9954.23

As At / For the year or period ended (Amount In Rs.) (Rs. in Million)

MTAR Technologies Company Details

Company sectorEnginering Industry
Promoters NameParvat Srinivas Reddy, P. Leelavathi, K. Shalini, D. Anitha Reddy, C. Usha Reddy, G. Kavitha Reddy, Anushman Reddy, P. Kalpana Reddy, Saranya Loka Reddy, A. Manogna And M. Madhavi
Promoter Shareholding Pattern (Pre Issue)62.24%
Promoter Shareholding Pattern (Post Issue)

MTAR Technologies Business Overview

MTAR Technologies Limited is a leading precision engineering solutions company engaged in the manufacture of mission-critical precision components with close tolerances of 5-10 microns, and in critical assemblies, to serve projects of high national importance, through our precision machining, assembly, testing, quality control, and specialized fabrication competencies, some of which have been indigenously developed and manufactured. MTAR Technologies primarily serve customers in the nuclear, space and defence, and clean energy sectors.

Since its inception, it has strived to grow continually, contributing to the Indian civilian nuclear power programme, Indian space programme, Indian defence and aerospace sector, global defence and aerospace sector, as well as to the global clean energy sector. Over the years, the company have also developed import substitutes such as ball screws and water-lubricated bearings that are specialized and used in the sectors we cater to.

MTAR Technologies believe the engineering capability of the Company, which evolved over the decades, has enabled us to consistently offer
quality complex precision manufactured components and assemblies, within stipulated timelines and at reasonable cost in most cases, allowing us to forge a robust relationship with its customers.

MTAR Technologies IPO FAQs

What is MTAR Technologies IPO ?

MTAR Technologies IPO is a main-board IPO of 10,372,419 equity shares of the face value of Rs 10 aggregating up to Rs 596.41 Crores. The issue price is Rs 574 to Rs 575 per equity share.

The MTAR Technologies IPO minimum order quantity is 26 Shares. The IPO opens on Wednesday, 03 March 2021 and closes on Friday, 05 March 2021.

MTAR Technologies Limited IPO will be subscribed with a premium of Rs 565 per equity share & the issue price is 57.5 times the face value.

KFintech is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

What is MTAR Technologies IPO opening and closing date ?

MTAR Technologies IPO open date is Wednesday, 03 March 2021 and closing date is Friday, 05 March 2021.

What is the price of MTAR Technologies IPO ?

Price of MTAR Technologies Limited IPO is Rs. 574 – Rs. 575 Per Equity Share.
Price of one lot of MTAR Technologies Limited IPO is Rs. 14,950.
Investors can buy a minimum lot of 26 Shares with a Price Band of Rs. 575 Per Equity Share which will cost Rs 14,950 for one lot.

What is the Market lot / Minimum Quantity of MTAR Technologies IPO ?

Market lot or Minimum Quantity of MTAR Technologies IPO is 26 Shares.

What is MTAR Technologies IPO GMP price today ?

MTAR Technologies IPO GMP Price Today on Thrusday, 25 Februray 2021 is Rs N/A Per Equity share.

What is MTAR Technologies Limited IPO Subscription Status ?

On the last day of MTAR Technologies Limited IPO Subscription, IPO Gets oversubscribed by • times.
QIB Segment – • times
NII Segment – • times
Retail Segment – • times

What is the Date Of MTAR Technologies Limited IPO Allotment Status ?

Date Of MTAR Technologies Limited IPO Allotment Status is Wednesday, 10 March 2021.

Where can I check MTAR Technologies Limited IPO Allotment Status ?

You can Check MTAR Technologies Limited IPO Allotment Status on Registrar’s website.
You can also Check MTAR Technologies Limited IPO Allotment Status on BSE Website.

What is the Date Of MTAR Technologies Limited IPO Listing ?

MTAR Technologies Limited IPO listing date is on Tuesday, 16 March 2021.

What is MTAR Technologies Limited IPO Listing Price ?

MTAR Technologies Limited IPO Listing Gains of Rs • per equity share, at •% premium, IPO is listed at Rs• on NSE, while IPO gets listed at Rs • on BSE with Listing Gains of Rs • per equity share, at •% premium on BSE.

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