MTAR Technologies IPO Price

If you have decided to invest in MTAR Technologies IPO, then it is also essential to check the price. Do you not have any information regarding that? Don’t worry, as this piece of the document covers the MTAR Technologies IPO Price.

IPO Price is the value of the Initial Public Offerings of the particular company. Along with the issue price, there is a listing price and the price band of the IPO that one must be aware of while applying.

Now before diving into the details of MTAR Technologies IPO Price, let’s first learn about the company.

MTAR Technologies is the precision engineering industry involved in the manufacturing of precision components for the major government firms of India that includes DRDO, ISRO, Rafael, etc.

But looking into the fundamentals the company has shown a resistive growth in income and revenue generation in the last few years.

It is therefore good for investors to consider the company strength like 7 manufacturing units in Hyderabad, good and qualified management and maintaining the standard of the product, etc to apply for the MTAR Technologies IPO.

So, have you made up your mind to invest in this IPO, then here is the price detail that helps you in knowing the minimum investment you need to do to apply.

MTAR Technologies IPO Issue Price

First comes the issue price of the IPO. MTAR Technologies is going to bring the IPO of 10,372,419 equity shares aggregating to ₹572 cr with the fresh issue of 1,48,149 equity shares of approximately ₹123 cr and 82,24,270 equity shares for an offer for sale of ₹472 crores.

This big IPO can bring up a lot of opportunities for potential investors to invest in its shares.

However, before planning an investment it is good to look at Is MTAR Technologies IPO worth investing in?

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MTAR Technologies IPO Price Band

Next to the issue price comes the price-band that is the range of price at which per share of the company is available.

MTAR Technologies IPO price band is ₹574-₹575 and the minimum number of shares available in one lot is 26 shares.

Thus you can plan a minimum investment of ₹14,924-₹14950. Further, you can invest in the multiple of 26 thereafter with the maximum shares of 338 i.e 13 lots.

Here is the complete summary of the MTAR Technologies IPO price

 

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MTAR Technologies IPO Listing Price

Next comes the listing price. It is the price at which the share gets listed in the stock exchange. As per the latest data, the MTAR Technologies is going to list on 16 March 2021.

We will update you with the listing price details, so stay tuned.

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MTAR Technologies IPO in Grey Market

Last but not the least, comes the GMP detail of the MTAR Technologies. The MTAR Technologies IPO GMP is in the range of ₹250-₹400. The increasing value on the Grey market clearly indicates that the high listing price of the share.

However, it is all on the assumption as the final price will be decided by the exchange on the basis of supply and demand and by considering the fundamentals of the company too.

Till then stay tuned with us to get the latest updates.

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Conclusion 

MTAR Technologies IPO brings a lot of opportunities for newbie investors to get into the share market. However, do consider the company details and other pros and cons by considering the company’s strengths and weaknesses.

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Planning investment in the MTAR Technologies IPO, apply now by opening a demat account for free.

Just fill the form below

 

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