MTAR Technologies IPO Date, Review, Price Band, Form & Market Lot Details

Vijay Prajapati
February 24, 2021

Vijay Prajapati

MTAR Technologies IPO to hit the market on 3 March 2021. MTAR Technologies Limited incorporated in 1999 based in Hyderabad. They are leading player in precision engineering industry in India. They are manufacturer 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.

They have big client names like ISRO, NPCIL, DRDO, Bloom Energy, Rafael, Elbit, among others. Their product portfolio includes product portfolio of the company includes critical assemblies such as 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, Thimble Package, Drive Mechanisms etc. to the core of the nuclear reactor. Check out MTAR Technologies IPO date, price band and market lot details.

MTAR Technologies IPO Review

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MTAR Technologies IPO Date & Price Band

IPO Open:	03 March 2021
IPO Close:	05 March 2021
IPO Size:	Approx ₹596 Crore
Face Value:	₹10 Per Equity Share
Price Band:	₹574 to ₹575 Per Share
Listing on:	BSE & NSE
Retail Portion:	35%
Equity:	10,372,419 Shares

MTAR Technologies IPO Market Lot

Minimum Lot Size:	Minimum 26 Shares
Minimum Amount:	₹14950
Maximum Lot Size:	Maximum 338 Shares
Maximum Amount:	₹194350

MTAR Technologies IPO Allotment & Listing

Basis of Allotment:	10 March 2021
Refunds:	12 March 2021
Credit to Demat Account:	15 March 2021
Listing Date:	16 March 2021

MTAR Technologies IPO Form

How to apply the MTAR Technologies IPO? You can apply MTAR Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the MTAR Technologies IPO in the Invest section. The other option you can apply MTAR Technologies IPO via IPO forms download via NSE and BSE. Check out the MTAR Technologies forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

MTAR Technologies Company Financial Report

₹ in Crore
	Revenue	Expense	Net Income
2017	–	–	–
2018	161	143	5.4
2019	186	146	39.2
2020	218	173	31.3
2021 9M	178	138	28.1

Company Promoters

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

About MTAR Technologies

We are a 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. The company has the machining, assembly, specialized fabrication, painting and special processes facilities available under one roof, which are probably considered as one of the best facilities available in India, as well as in Asia.

Quick Links

DRHP Draft Prospectus
RHP Draft Prospectus

MTAR Technologies IPO Registrar

KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District,Nanakramguda, Serilingampally,
Rangareddi, Telangana India – 500 032.
Phone: 1-800-3454001
Email: [email protected]
Website: https://karisma.kfintech.com/
Note: Check MTAR Technologies IPO allotment status on KFintech / Karvy website allotment URL. Click Here

MTAR Technologies IPO Lead Managers

IIFL Holdings Limited
JM Financial Consultants Private Limited

Company Address

MTAR Technologies Limited
18, Technocrats Industrial Estate
Balanagar, Hyderabad 500 037
Phone: +91 40 4455 3333
Email: [email protected]
Website: https://mtar.in/

MTAR Technologies IPO FAQs

When MTAR Technologies IPO will open for QIB, NII, and Retail?

The IPO is to open on 05 March 21 for QIB, NII, and Retail Investors.

What is MTAR Technologies IPO Investors Portion?

The investors’ portion for QIB-50%, NII-15%, and Retail 35%.

How to Apply the MTAR Technologies IPO?

You can apply MTAR Technologies IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Burger King IPO through Zerodha?

Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “MTAR Technologies”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

What is MTAR Technologies IPO Size?

MTAR Technologies IPO size is ₹596 crores.

What is MTAR Technologies IPO Price Band?

MTAR Technologies IPO Price Band is ₹574 – ₹575.

What is MTAR Technologies IPO Minimum and Maximum Lot Size?

The minimum bid is 26 Shares with ₹14950 amount while maximum bid is 338 shares with ₹194350.

What is MTAR Technologies IPO Allotment Date?

MTAR Technologies IPO allotment date is 10 March 2021.

What is MTAR Technologies IPO Listing Date?

MTAR Technologies IPO listing date is 16 March 2021. The IPO to list on BSE and NSE.

Note: The MTAR Technologies IPO price band and date will be added as it will be officially announced. The IPO grey market premium (MTAR Technologies IPO GMP) will be added on the grey market page as it will start)

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