MTAR Tech IPO: Grey Market Premium, Subscription Status, Issue, Date, Price, Review And Details 2021

By | March 6, 2021

Mtar Technology Is World Top Biggest Tech Technology. There are many big companies like ISRO, DRDO and many more are clients of Mtar Tech Company. This is Best Ipo In March 2021 Month. You Can Invest Your Money Easily In This IPO. We are daily Posting Best Tips And Methods To Earn Free Money Using Share market. You can Check below Mtar IPO Grey Market Premium.

MTAR Technologies IPO Details 2021

  • Open Date: Mar 03 2021
  • Close Date: Mar 05 2021
  • Total Shares:Rs. 10,372,419
  • Face Value: ₹ 10 Per Equity Share
  • Issue Type: Book Building
  • Issue Size: 596 Cr.
  • Lot Size: 26 Shares
  • Issue Price: ₹ 574-575 Per Equity Share
  • Listing At: NSE,BSE
  • Listing Date: Mar 15 2021

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MTAR Technologies IPO Grey Market Premium GMP Rates day by day with Kotak rates 2021

  1. Grey market premium as on today is ₹340-350, Kostak ₹500 & Subject to Sauda is ₹N/A
  2. Grey market premium as on 28-02-2021 is ₹170-180, Kostak ₹250 & Subject to Sauda is ₹N/A
  3. Grey market premium as on 27-02-2021 is ₹170-180, Kostak ₹250 & Subject to Sauda is ₹N/A
  4. Grey market premium as on 26-02-2021 is ₹170-180, Kostak ₹250 & Subject to Sauda is ₹N/A
  5. Grey market premium as on 25-02-2021 is ₹120-130, Kostak ₹250 & Subject to Sauda is ₹N/A
  6. Grey market premium as on 24-02-2021 is ₹100-110, Kostak ₹N/A & Subject to Sauda is ₹N/A
  7. Grey market premium as on 23-02-2021 is ₹100-110, Kostak ₹N/A & Subject to Sauda is ₹N/A

Mtar Tech IPO Subscription Status:

Category Subscription Status
Qualified Institutional 164.99 Times
Non Institutional 650.79 Times
Retail Individual 28.40 Times
Employee [.] Times
Others [.] Times
Total 200.79 Times

How To Check Mtar Technology IPO Allotment Status Link on BSE, NSE websites Free 2021

  • Go to the BSE website or NSE website.
  • On BSE, Select ‘Equity’ and then from the dropdown, select ‘Mtar Tech’
  • Enter your application number and PAN
  • And then click on SEARCH.
  • The status of the allotment will be displayed to you.
  • Done

Note: The disabled button shows that the allotment is not yet available online.

How To Apply mtar IPO Online Using Upstox App

You can Easily Install Upstox And Invest Your Money In This IPO 2021 –Check Full Post

Mtar Competitive strength 2021

  • A leading player in its domain with a well-diverse product portfolio
  • 7 state-of-the-art production units
  • Extended supplier base
  • Robust financial track record
  • Experienced Management

Objects of issue – MTAR Technologies IPO 2021

  1. Offer for sale (OFS): Under OFS, it would allow selling shareholders to sell equity shares. The company would not get any proceeds from this issue.
  2. Fresh Issue: The proceeds from the fresh issue of equity shares would be utilized for:
  3. Repayment / prepayment in full or in part, of borrowings availed by company
  4. Funding working capital requirements
  5. General corporate purposes.

Mtar Tech IPO

What is MTAR Tech IPO

Hyderabad-based MTAR Technologies will release IPO shares worth Rs 600 crores, consisting of 2.5 million fresh scrips and 8.22 million OFS equity shares from promoters. The shares will launch in the price band of Rs 574-575.

What is an IPO?

IPO is a type of public offering where the company releases its shares to general investors to raise capital from the market. It allows investors to invest in potential companies for the long term.

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