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.
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.
Objective
of the Offer:
To meet business working capital requirements.
To meet general corporate purposes.
To meet public issue expenses.
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 |
|
Issue Size |
10,372,419 Eq
Shares of ₹10 |
|
Fresh Issue |
2,148,149 Eq
Shares of ₹10 |
|
Offer for
Sale |
8,224,270 Eq
Shares of ₹10 |
|
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 |