MTAR Technologies IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 596.41 Cr. The company is based in Hyderabad and caters to Engineering sector. IIFL Securities , Jm Financial are the merchant bankers of MTAR Technologies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th December 2020.
MTAR Technologies IPO open date is 3rd March 2021 and close date is 5th March 2021. IPO Allotment Date is 10th March 2021 and Listing date is 15th March 2021.MTAR Technologies IPO size is ₹ 596.41 Cr. with IPO price of ₹ 575.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
IIFL Securities Limited is the book-running lead manager of the MTAR Technologies IPO. Kfin Technologies Limited is the Registrar for MTAR Technologies IPO.
MTAR Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
MTAR Technologies IPO, based in Hyderabad, operates in the Engineering sector with a focus on manufacture of mission critical precision / engineering industry. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. MTAR Technologies IPO size is ₹ 596.41 Cr. with fresh issue size of ₹ 124 and Offer for sale being ₹ 472.89 Cr.
The IPO allotment date for MTAR Technologies IPO is expected to be 10th March 2021, after the finalization of basis of allotment. Investors can check MTAR Technologies IPO allotment status on the registrars website, Kfin Technologies Limited . MTAR Technologies IPO refund dates are 12th March 2021.
MTAR Technologies IPO is expected to be listed on 15th March 2021.
The upper price band for the MTAR Technologies IPO is set at ₹ 575.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on MTAR Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the MTAR Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th March 2021. After submission, funds are blocked until the basis of allotment of MTAR Technologies IPO is finalised.
The merchant banker for MTAR Technologies IPO is IIFL Securities Limited , Jm Financial Limited . IIFL Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the MTAR Technologies IPO RHP for further details.
The registrar for MTAR Technologies IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to MTAR Technologies IPO through their official website or helpline.
MTAR Technologies IPO was subscribed 200.79 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
MTAR Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on MTAR Technologies Financial Review Page
Merchant Banker(s) of MTAR Technologies IPO: IIFL Securities Limited , Jm Financial Limited
MTAR Technologies IPO subscription was 200.79 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
MTAR Technologies IPO listed at a listing price of 1082.25 against the offer price of 575.00.
The current market price of MTAR Technologies is 1556.90.
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