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MTAR Technologies Ltd.

MTAR Technologies Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹575
₹575
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹575
Based on GMP
Min. Investment
₹14,950
1 lot × 26 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
03 Mar 2021
Close Date
05 Mar 2021
Allotment
10 Mar 2021
Listing Date
15 Mar 2021
Exchange
NSE & BSE
Price Band
₹575
Listing Price
See chart
Allotment Status
Price Band
₹575
Per share
Face Value
₹10 per share
 
Lot Size
26 Shares
per lot
Issue Size
1,03,72,419 shares (aggregating up to ₹596.41 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,950
1 lot
Pre-IPO Holding
2,86,11,442 shares
Promoters
Post-IPO Holding
3,07,59,591 shares
Promoters
UPI Deadline
2021-03-05
Mandate
Anchor AllotmentTue, 02 Mar 2021
Basis of AllotmentWed, 10 Mar 2021
Refund InitiationFri, 12 Mar 2021
Demat CreditMon, 15 Mar 2021
Listing DayMon, 15 Mar 2021
UPI Mandate Deadline2021-03-05
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares21,48,149 shares (aggregating up to ₹123.52 Cr)
Offer for Sale82,24,270 shares of ₹10 (aggregating up to ₹472.90 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
MTAR Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Mar 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
10,372,419
100% ₹596.41
IPO Shares Offered
MTAR Technologies Ltd. IPO total issue size: ₹596.41 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 10,372,419 ₹596.41
100.00%
* Based on upper price band ₹575 per share
Lot Size & Investment
Lot Size
26
Shares per Lot
Issue Price
₹575.00
Upper Band
Min Investment
₹14,950
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)252₹29,900
Retail (Max — 13 Lots)13338₹194,350
S-HNI (Min — 14 Lots)14364₹209,300
B-HNI (Min — 68 Lots)681,768₹1,016,600
* Issue Price ₹575 × Lot Size 26 shares
IPO Schedule
Anchor
02 Mar 2021
✓ Done
IPO Open
03 Mar 2021
✓ Done
IPO Close
05 Mar 2021
✓ Done
Allotment
10 Mar 2021
✓ Done
Refunds
12 Mar 2021
✓ Done
Demat Credit
15 Mar 2021
✓ Done
Listing Day
15 Mar 2021
✓ Done
MTAR Technologies Ltd. — Live Price LIVE
₹575.00
INR · BSE
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Issue ₹575.00 Live Price
About MTAR Technologies Ltd.
Incorporated in 1999, MTAR Technologies is a leading national player in the precision engineering industry. The company is primarily engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes.Since its inception, MTAR Technologies has significantly expanded its product portfolio including critical assemblies i.e. 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, Drive Mechanisms, Thimble Package, etc. A wide range of complex product portfolios meets the varied requirements of the Indian nuclear, Defence, and Space sector. ISRO, NPCIL, DRDO, Bloom Energy, Rafael, Elbit, etc. are some of the esteem clients.Currently, the firm has 7 state-of-the-art manufacturing facilities in Hyderabad, Telangana that undertake precision machining, assembly, specialized fabrication, brazing and heat treatment, testing and quality control, and other specialized processes.Competitive strengthsWide range of product portfolio.7 Modern technology manufacturing units.Diversified supplier base.Strong financial track record.Experienced and qualified management.
Objects of the Issue
1
1 Repayment or prepayment in full or part of borrowings availed by our Company
2
2 Funding working capital requirements
3
3 General corporate purposes
MTAR Technologies Ltd. Financials (Amount in Crore)
Revenue from Operations
₹185.9
31-Mar-19
₹218.1
31-Mar-20
₹178.0
31-Dec-20
Profit After Tax (PAT)
₹39.2
31-Mar-19
₹31.3
31-Mar-20
₹28.1
31-Dec-20
Particulars31-Dec-2031-Mar-2031-Mar-19
Revenue from Operations 177.99 218.14 185.91
EBITDA N/A N/A N/A
Profit After Tax (PAT) 28.07 31.32 39.20
Net Worth N/A N/A N/A
Total Assets 381.91 346.27 305.16
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,03,72,419 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,86,11,442 shares
Post-Issue Promoter Holding3,07,59,591 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
IIFL Capital Services Ltd.
JM Financial Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much MTAR Technologies Ltd. IPO subscribed?

MTAR Technologies Ltd. IPO is subscribed 1.00 times by Mar 05, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is MTAR Technologies Ltd. IPO retail subscription status?

The MTAR Technologies Ltd. IPO retail category is subscribed 1.00 times as of 05 Mar 2021. The retail portion is oversubscribed.

How to subscribe MTAR Technologies Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 03 Mar 2021 and closes 05 Mar 2021. Min investment: ₹14,950 (1 lot = 26 shares). UPI mandate: 2021-03-05.

How many times MTAR Technologies Ltd. IPO subscribed?

The MTAR Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check MTAR Technologies Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Mar 2021. Refunds: on 12 Mar 2021.

When MTAR Technologies Ltd. IPO will be listed?

The MTAR Technologies Ltd. IPO listing date is 15 Mar 2021, Monday. Listed on: NSE & BSE. Issue price: ₹575. Estimated listing: ₹575. GMP: NIL.

When MTAR Technologies Ltd. IPO close?

The MTAR Technologies Ltd. IPO closes on 05 Mar 2021, Friday. UPI mandate: 2021-03-05. Allotment: 10 Mar 2021. Listing: 15 Mar 2021.