MTAR Technologies IPO to hit the market on 03 March 2021, Wednesday. The grey market is showing the good trend by opening at 200 and reaching at a level of 400 last heard. The MTAR GMP will play a vital role in raising 596 crore from the primary market. The client list shows good strength. At the price band of 574-575 the issue will be available at a PE of 47.3 times FY21 EPS of Rs 12.20 on an annualised basis.The company has good order book from defence segment which is 48% of the market share in its order book. Check MTAR Technologies IPO GMP day by day.
MTAR Technologies IPO Subscription Status
Latest Update: MTAR Technologies IPO subscribed 200.79x times, QIB 164.99x, NII 650.79x & Retail 28.40x on day 3.
MTAR Technologies IPO Subscription Status
(Fully Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.96x | 164.99x |
| NII | 1.02x | 8.04x | 650.79x |
| RII | 6.93x | 16.55x | 28.40x |
| Total | 3.68x | 10.27x | 200.79x |
MTAR Technologies IPO Date & Price Band
| IPO Open: | 03 March 2021 |
| IPO Close: | 05 March 2021 |
| IPO Size: | Approx ā¹596 Crore |
| Face Value: | ā¹10 Per Equity Share |
| Price Band: | ā¹574 to ā¹575 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: | ā¹14950 |
| Maximum Lot Size: | Maximum 338 Shares |
| Maximum Amount: | ā¹194350 |
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 Subscription FAQs:
When MTAR Technologies IPO Subscription will start?
The IPO subscription starts on 03 March 2021 for QIB, NII, and Retail Investors.
How much MTAR Technologies IPO subscribed?
The IPO subscribed 200.79x times on day 3.
What is MTAR Technologies IPO Retail subscription status?
The RII subscription is 28.40x on day 3.
How to subscribe MTAR Technologies IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live MTAR Technologies IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
