Exchanges
BSE, NSE
Issue
Book building

MTAR Technologies IPO

₹1,082.50

+88.26% on listing

Listing-day close · NSE · 15 Mar 2021 · issue price ₹575

MTAR Technologies’ ₹596 crore IPO was priced at ₹575 a share. It listed on the NSE on 15 Mar 2021 and closed its first day at ₹1,082.50, up 88.26% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹596 Cr
Fresh issue
₹124 Cr
Offer for sale
₹473 Cr
Lot size
26 shares
Minimum investment
₹14,950
Face value
₹10
Registrar
Kfin Technologies

Subscription

MTAR Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—138.70×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,769 Cr
Promoter holding
62.24% → 50.25%

From the offer documents.

Listing

Listing date
15 Mar 2021
Issue price
₹575
Open
₹1,050.00
High
₹1,154.90
Low
₹1,040.00
Close
₹1,082.50

Listing day on the NSE. The close was +88.26% on the issue price.

MTARTECH share price today

FAQs

When did the MTAR Technologies IPO open and close?

It opened on 3 Mar 2021 and closed on 5 Mar 2021.

What was the MTAR Technologies IPO price?

The price band was ₹574–575 a share. The final issue price was ₹575.

What is the lot size and minimum investment?

One lot is 26 shares, ₹14,950 at ₹575 a share. Retail investors apply in whole lots.

How much did MTAR Technologies raise?

₹596 crore: ₹124 crore of new shares and ₹473 crore offered by existing shareholders.

How many times was the MTAR Technologies IPO subscribed?

138.70 times overall.

How did MTAR Technologies list?

It listed on the NSE on 15 Mar 2021 at ₹1,050.00 and closed the day at ₹1,082.50, up 88.26% on the ₹575 issue price.

Who is the registrar of the MTAR Technologies IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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