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MTAR Technologies Limited IPO

MTAR Technologies Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 1,050.00 (+82.61%)

The Initial Public Offering of MTAR Technologies Limited's culminated in its successful listing on 15-03-2021 at the NSE, BSE trading platform. The company secured 1,03,72,419 Shares through this capital market exercise, with 21,48,149 Shares allocated to new capital formation and ₹473.00 Cr to existing shareholder liquidity.

Investors participated within the price parameters of ₹574 to ₹575, with minimum investment requirements of 26 shares. The subscription period from 03-03-2021 to 05-03-2021 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 10-03-2021. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

MTAR Technologies IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
MTAR Technologies IPO Key Performance Indicator
Company Financials ( In Lakhs )

MTAR Technologies IPO About Company

Incorporated in 1999, MTAR Technologies is a leading Indian precision engineering company that manufactures mission-critical precision components and assemblies through precision machining, assembly, specialized fabrication, testing, and quality control, with a diverse product portfolio including liquid propulsion engines for GSLV Mark III, base shroud assemblies and airframes for Agni programs, actuators for LCA, fuel cell power units, and other complex components for the nuclear, defense, and space sectors, serving clients like ISRO, NPCIL, DRDO, Bloom Energy, Rafael, and Elbit, and operating seven state-of-the-art manufacturing facilities in Hyderabad, Telangana


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


MTAR Technologies IPO Strength Factors

  1. Wide Product Portfolio: Offers a diverse range of products.
  2. Modern Manufacturing: Operates 7 advanced technology manufacturing units.
  3. Diversified Suppliers: Maintains a broad supplier base.
  4. Strong Financials: Demonstrates a consistent financial performance track record.
  5. Experienced Management: Led by a skilled and qualified leadership team.

MTAR Technologies IPO Risk Factors

NA


MTAR Technologies IPO Lead Manager(s)

  • IIFL Securities Limited
  • Jm Financial Limited

MTAR Technologies IPO Promoter(s)

  1. Parvat Srinivas Reddy
  2. P. Leelavathi
  3. K. Shalini
  4. D. Anitha Reddy
  5. C. Usha Reddy
  6. G. Kavitha Reddy
  7. Anushman Reddy
  8. P. Kalpana Reddy
  9. Saranya Loka Reddy
  10. A. Manogna
  11. M. Madhavi

MTAR Technologies IPO Company Details

MTAR Technologies Limited
Phone:
address:

MTAR Technologies IPO Registrar

Kfin Technologies Limited
Name:
Phone:

MTAR Technologies IPO FAQs