MTAR Technologies Limited IPO
MainboardEngineering
Listed On: Mar 15, 2021 at ₹ 1050.0
₹ 14950 /26 Shares
Check AllotmentPrice Summary
Last Closing
1,616.00 (181.04%)52 Week High
2,583.0052 Week Low
1,495.40Last Update
8-Nov-2024 3:30 PMIPO Details
03 Mar, 2021
Open Date05 Mar, 2021
Close Date12 Mar, 2021
Allotment Date15 Mar, 2021
Listing DateIssue Price
₹574-575 per equity shareFace Value
10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedList Price
1050.0Listing Date
2021-03-15Market Lot
26 Shares (₹14,950/-)Lead Manager
IIFL Holdings Limited, JM Financial Consultants Private LimitedIssue Size
10,372,419 Eq Shares of ₹10 (aggregating up to ₹596.41 Cr)#Fresh Issue: 2,148,149 Eq Shares of ₹10(aggregating up to ₹123.52 Cr)
#Offer for Sale 8,224,270 Eq Shares of ₹10 (aggregating up to ₹472.90 Cr)
Retail Portion
35%Subscription
200.79 timesIPO Subscription Details
As on | QIB | NII | Retail | Total |
---|---|---|---|---|
Shares Offered / Reserved | 20,74,484 | 15,55,863 | 36,30,347 | 72,60,694 |
Day 1 - 03-03-21 05:00 PM | 0.00 x | 1.02 | 6.93 x | 3.68 x |
Day 2 - 04-03-21 05:00 PM | 0.96 x | 8.04 | 16.54 x | 10.26 x |
Day 3 - 05-03-21 05:00 PM | 164.99 x | 650.79 | 28.39 x | 200.79 x |
Valuations
Earnings Per Share (EPS)
₹9.40/-P/E Ratio
61.16RoNW
13.91%Net Asset Value (NAV) - As on 31.12.20
₹91.78Company Financials All values are in ₹ Cr.
31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
---|---|---|---|---|
Assets | 381.91 | 346.27 | 305.15 | 281.03 |
Revenue | 177.99 | 218.14 | 185.91 | 160.54 |
Profit After Tax | 28.06 | 31.31 | 39.19 | 5.42 |
About The Company
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.
- Promoter(s)
Pre Issue Share Holding: 62.24%
Post Issue Share Holding: 50.25%
Company Promoter(s)
- 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
IPO - Issue Objectives
- To partly or fully repay company's borrowings.
- To finance company's working capital requirements.
- To meet general corporate purposes.
IPO - FAQs
Ans. MTAR Technologies Limited IPO is a Mainboard IPO. The issue is priced at ₹574-575 per equity share. The minimum order quantity is 26 Shares. The IPO opens on Mar 3, 2021, and closes on Mar 5, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The MTAR Technologies Limited IPO opens on Mar 3, 2021 and closes on Mar 5, 2021.
Ans. The size of MTAR Technologies Limited IPO is 10,372,419 Eq Shares of ₹10 (aggregating up to ₹596.41 Cr) #Fresh Issue: 2,148,149 Eq Shares of ₹10(aggregating up to ₹123.52 Cr) #Offer for Sale 8,224,270 Eq Shares of ₹10 (aggregating up to ₹472.90 Cr).
Ans. The IPO price band is set between ₹574-575 per equity share.
Ans. To apply for MTAR Technologies Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find MTAR Technologies Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of MTAR Technologies Limited IPO is Mar 12, 2021.
Ans. The MTAR Technologies Limited IPO will be listed on Mar 15, 2021.
Ans. Follow the steps to check the allotment status for MTAR Technologies Limited IPO here.