
Industrials & Technology · NSE / BSE
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
Price Band
₹574 – ₹575
Issue Size
₹596 Cr
Lot Size
26 shares
GMP
+100.9%
Est. Listing
₹1155
at current GMP
Subscribed
—
Open
3 Mar 2021
Close
5 Mar 2021
Allotment
10 Mar 2021
Refund
11 Mar 2021
Demat Credit
12 Mar 2021
Listing
15 Mar 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 5,182,609 | — | 0.00x |
| Non-Institutional (NII / HNI) | 1,554,783 | — | 0.00x |
| Retail Individual (RII) | 3,627,826 | — | 0.00x |
| Total | 10,365,218 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 139,532 | 139,532 | 1.00x |
| HNIs (10L +) | 893 | 893 | 1.00x |
| HNIs (2-10L) | 4,271 | 4,271 | 1.00x |
| Total Applications | 144,696 | 144,696 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
MTAR Technologies Limited is bringing an initial public offering (IPO) in the Industrials & Technology sector with an aggregate issue size of ₹596 Crores. The shares are offered at a price band of ₹574 to ₹575 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2021-03-05, the basis of allotment is scheduled to be finalized on 2021-03-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for MTAR Technologies Limited IPO is ₹580 per equity share. Based on the upper price band of ₹574 to ₹575 per equity share, the estimated listing price is ₹1155 (+100.9% expected listing gain).
With a lot size of 26 shares and current GMP of ₹580, the expected profit per application lot is approx ₹15,080 (+100.9% gain). Minimum application cost is approx ₹14,950.
The MTAR Technologies Limited IPO aggregate issue size is ₹596 Crores with an equity price band set at ₹574 to ₹575 per equity share. The retail lot size is 26 shares requiring a minimum capital outlay of approx. ₹14,950.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-03-10. Investors can verify status using PAN card or application number.
MTAR Technologies Limited shares are scheduled to list on NSE and BSE on 2021-03-15.