MTAR IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
About MTAR Technologies
MTAR Technologies is the leading national player in 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 our 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 major group with state-of-the art facilities with unparalleled history of contributing to Indian Civilian Nuclear Power program, Indian Space program, Indian Defence , Global Defence, as well as Global Clean Energy sectors
MTAR IPO Price – Details
| Description | Details |
|---|---|
| Public Issue | Initial Public offer of 10,372,419 Equity Shares comprising a Fresh Issue of 2,148,149 Equity Shares and an Offer for Sale of 8,224,270 Equity Shares |
| Issue Period | 03-Mar-2021 to 05-Mar-2021 |
| Issue Type | 100% Book Building |
| IPO Price Band | Rs.574 to Rs. 575 |
| Face Value | Rs.10 |
| Market Lot | 26 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 26 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE / BSE Symbol | MTAR |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
MTAR IPO Lead Managers
- JM Financial Limited
- IIFL Securities Limited
MTAR IPO Registrar
- KFin Technologies Private Limited
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Objects of the Issue
- Repayment / prepayment in full or in part, of borrowings availed by our Company
- Funding working capital requirements; and
- General corporate purposes.
Also Read : Sovereign Gold Bond Scheme 2020-21 (Series XII) – Issue Price
MTAR IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 03-Mar-21 |
| Bid / Offer Closes on | 05-Mar-21 |
| Finalisation of Basis of Allotment | 10-Mar-21 |
| Initiation of refunds | 12-Mar-21 |
| Credit of the Equity Shares | 15-Mar-21 |
| Commencement of trading – Listing | 16-Mar-21 |
MTAR IPO DRHP & RHP
- Draft Red Herring Prospectus
- Red Herring Prospectus
MTAR IPO – FAQs
When MTAR IPO will open ?
The MTAR IPO opens on Mar 03, 2021 and closes on Mar 05, 2021
What is the lot size of MTAR IPO ?
MTAR IPO lot size is 26 Shares and the minimum order quantity is 26 Shares.
What is the price band for MTAR IPO ?
The MTAR IPO price band at Rs.574 to Rs. 575 per share
Who is the Registrar for MTAR IPO ?
The Registrar is KFin Technologies Private Limited
How to apply in MTAR IPO through UPI?
Check the step by step process here – Click here