MTAR Technologies IPO || Company Profile || Lot Size || Tentative Dates || GMP || Price Band || How to apply?
MTAR Technologies Company Profile:-
MTAR is the leading national player in the precision engineering industry engaged in the manufacture of mission-critical precision components with close tolerances (5-10 microns), and in critical assemblies, to serve projects of high national importance, through their precision machining, assembly, testing, quality control, and specialized fabrication competencies, some of which have been indigenously developed and manufactured.
Since its inception in 1970, MTAR has grown into a significant group with state-of-the-art facilities with an unparalleled history of contributing to the Indian Civilian Nuclear Power program, Indian Space program, Indian Defence, Global Defence, as well as Global Clean Energy sectors.
The company has the machining, assembly, specialized fabrication, painting and special processes facilities available under one roof, which are probably considered as one of the best facilities available in India, as well as in Asia.
Some of their esteemed clients are ISRO, NPCIL, DRDO, Bloom Energy, Rafael, Elbit, among others. The key product portfolio of the company includes critical assemblies such as Liquid propulsion engines to GSLV Mark III, Base Shroud Assembly & Airframes for Agni programs, Actuators for LCA, power units for fuel cells, Fuel machining head, Bridge & Column, Thimble Package, Drive Mechanisms, etc. to the core of the nuclear reactor.
MTAR Technologies IPO Dates, Price Band, Lot size:–
|Bid Open:||03 March 2021|
|Bid Close:||05 March 2021|
|IPO Size:||Approx. ₹596 Crore|
|Price Band:||₹574– ₹575 Per Share|
|No. of Equity Share||10,372,419 Shares|
|Face Value||₹10 Per Equity Share|
|Listing on:||BSE & NSE|
|Lot Size (Number of Shares):||Minimum 26 Shares |
Maximum 338 Shares
MTAR Technologies IPO Allotment & Listing Tentative Date:-
|Finalization of Basis of Allotment:||10 March , 2021|
|Initiation of Refunds:||12 March, 2021|
|Credit to Demat Account:||15 March, 2021|
|IPO Listing Date:||16 March, 2021|
How to Apply for MTAR Technologies:-
Now you can apply for IPO through your De-MAT account. Just simply log in to your De-MAT Account and Go to the IPO section under the Investment option and select open IPOs and make payment through UPI Apps. and 2nd ways to apply is through the ASBA facility available in your Bank Account you have to just log in to your net banking and go to the Investment option and select Open IPO list, and if you have not Net banking then you can apply offline through Filling a simple form with your Brokers.
Note:- For Free Demat Account Opening or any Other Assistant you may Contact on +9187088-20004
Read official documents:-
- MTAR Technologies IPO DRHP
- MTAR Technologies IPO RHP
Company Registered Address:–
MTAR Technologies Limited
18, Technocrats Industrial Estate
Balanagar, Hyderabad 500 037
Phone: +91 40 4455 3333
MTAR Technologies IPO book running lead managers:–
- IIFL Holdings Limited
- JM Financial Consultants Private Limited
MTAR Technologies IPO Grey Market Premium:-
200-300 as on today.
Disclaimer:- Grey Market Premium changing on daily basis do not subscribe or invest just seeing Grey Market. before Investment please do some research with your Investment Planner or Adviser.
Team CA Info Review on MTAR Technologies IPO:-
According to CA Info Team:- Profit-making Company and on a listing day, it will give listing gain. So, Investors and small Trader Should apply for listing gain and Long term Purpose.
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