MTAR Technologies Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹574-₹575
- Lot size
- 26 shares
- Issue amount
- ₹596 cr
- Total subscription
- 0×
- Opens
- 3 Mar 2021
- Closes
- 5 Mar 2021
- Allotment
- 10 Mar 2021
- Listing
- 15 Mar 2021
Offer at a glance
Issue overview
- Issue size
- 1,03,72,419 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,924
- Fresh issue
- ₹124 cr
- Offer for sale
- ₹473 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,950
- Issue type
- Bookbuilding IPO
- Shares before issue
- 2,86,11,442
- Shares after issue
- 3,07,59,591
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 26 | ₹14,950 |
| sHNI | 14 | 364 | ₹2,09,300 |
| bHNI | 67 | 1,742 | ₹10,01,650 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 1999, MTAR Technologies is a leading Indian precision engineering company that manufactures mission-critical precision components and assemblies through precision machining, assembly, specialized fabrication, testing, and quality control, with a diverse product portfolio including liquid propulsion engines for GSLV Mark III, base shroud assemblies and airframes for Agni programs, actuators for LCA, fuel cell power units, and other complex components for the nuclear, defense, and space sectors, serving clients like ISRO, NPCIL, DRDO, Bloom Energy, Rafael, and Elbit, and operating seven state-of-the-art manufacturing facilities in Hyderabad, Telangana
Strengths
- Strong Precision Engineering Expertise: Specializes in manufacturing high-precision components for sectors like clean energy, defense, aerospace, and nuclear applications.
- Diversified High-Value Industry Exposure: Presence across multiple technology-driven sectors reduces dependency on a single business segment.
- Strong Technical & Manufacturing Capability: Advanced engineering processes and specialized production capabilities create entry barriers for competitors.
Risk factors
- Dependence on Large Institutional Orders: Revenue can be influenced by project timelines and order flow from major customers.
- High Capital & Technology Investment: Requires continuous spending on advanced machinery, technology upgrades, and manufacturing capabilities.
- Customer Concentration Risk: A significant share of business may come from a limited number of key clients.
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
M. Madhavi
Registrar & documents
Lead manager
IIFL Capital Services Limited, Jm Financial Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
18, Technocrats Industrial Estate Balanagar, Hyderabad 500 037
+91 40 4455 3333
[email protected]Company website ↗Understanding MTARTECH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.