MTAR Technologies Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹580(100.87%)
Premium (ELP)
The Initial Public Offering of MTAR Technologies Limited's culminated in its successful listing on Mar 15, 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 Mar 03, 2021 to Mar 05, 2021 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Mar 10, 2021. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
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.
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."
- Strong Precision Engineering Expertise: Specializes in manufacturing high-precision components for sectors like clean energy, defense, aerospace, and nuclear applications.
- Diversified High-Value Industry Exposure: Presence across multiple technology-driven sectors reduces dependency on a single business segment.
- Strong Technical & Manufacturing Capability: Advanced engineering processes and specialized production capabilities create entry barriers for competitors.
- Dependence on Large Institutional Orders: Revenue can be influenced by project timelines and order flow from major customers.
- High Capital & Technology Investment: Requires continuous spending on advanced machinery, technology upgrades, and manufacturing capabilities.
- Customer Concentration Risk: A significant share of business may come from a limited number of key clients.
- Parvat 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
- M. Madhavi
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