MTAR Technologies Ltd IPO- March 3, 2021

MTAR Technologies Ltd IPO- March 3, 2021


MTAR technologies is a leading national player in precision engineering industry and they are engaged in manufacturing of mission critical precision components with close tolerance an in critical assembly, specialized fabrication competencies where some have been developed and manufactured. The company has a wide product portfolio catering to customers in diverse segments as a result of which, they have been able to establish trusted and long-standing relationships with these customers. Their major product portfolio includes 14 kinds of products in the nuclear sector, six kinds of products in the space and defense sectors and three kinds of products in the clean energy sector.
 
Points to note before investing in MTAR Technologies IPO
 
Company Strengths
  • 50+ years in the industry
  • They have 7 Modern technology manufacturing units
  • Wide range of product portfolio
  • Experienced and qualified team
Company Strategies
  • Strong financial record
  • They have developed a robust supply chain 
 MTAR Technologies IPO Details

IPO Opening Date
Mar 3, 2021
IPO Closing Date
Mar 5, 2021
Issue Type
Book Built Issue IPO
Face Value
₹10 per equity share
IPO Price
₹574 to ₹575 per equity share
Market Lot
26 Shares
Min Order Quantity
26 Shares
Listing At
BSE, NSE
 
 Allotment , Listing and Refunds details
​
IPO Open Date
Mar 3, 2021
IPO Close Date
Mar 5, 2021
Basis of Allotment Date
Mar 10, 2021
Initiation of Refunds
Mar 12, 2021
Credit of Shares to Demat Account
Mar 15, 2021
IPO Listing Date
Mar 16, 2021
 
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