MTAR Technologies IPO Details | GMP, Price, Lot Size, Opening Date

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MTAR Technologies

MTAR Technologies IPO opening on March 3rd we have mentioned details of the company.

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 [.] to [.] per equity share
Market Lot
Min Order Quantity
Listing At BSE, NSE
Issue Size 10,372,419 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Fresh Issue 2,148,149 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Offer for Sale 8,224,270 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)

 

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 3,594.34 3,462.71 3,051.58 2,810.32
Total Revenue 1,226.08 2,181.42 1,859.10 1,605.45
Profit After Tax 192.13 313.18 391.99 54.23

List of 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, and M. Madhavi are the company promoters.

About MTAR Technologies:

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.

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.

Company Contact Information

MTAR Technologies Limited
18, Technocrats Industrial Estate
Balanagar, Hyderabad 500 037

Phone: +91 40 4455 3333
Email: shubham.bagadia@mtar.in
Website: https://mtar.in/

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: mtar.ipo@kfintech.com
Website: https://karisma.kfintech.com/

How to apply in MTAR Technologies IPO through Zerodha?

Zerodha customers can apply online in MTAR Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in MTAR Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.

More: IPO

Steps to apply in MTAR Technologies IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘MTAR Technologies IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

FAQ:

Q: When MTAR Technologies IPO will open?

The MTAR Technologies IPO opens on Mar 3, 2021, and closes on Mar 5, 2021.

Q: How to apply for MTAR Technologies IPO?

You can apply in MTAR Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Note: We will update the details regarding this IPO in this page bookmark this site to be updated.

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