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MTAR Technologies IPO IPO

Mainline3 Mar 20215 Mar 2021
Open
3 Mar 2021
Close
5 Mar 2021
3
Allotment
Listing
Mon, Mar 15, 2021
Price Band
₹574 to ₹575
Issue Size
1,03,72,419 shares (agg. up to ₹596 Cr)
Lot Size
26 Shares
Listing Date
Mon, Mar 15, 2021
Latest GMP
₹580
Est. Gain
100.87%
✦ AI Insight

GMP Trend

13-03-2021580Est. ₹1155+100.87%
12-03-2021580Est. ₹1155+100.87%
11-03-2021500Est. ₹1075+86.96%

Live Subscription

CategorySubscription (times)
Total138.70x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202031 Mar 202031 Mar 201931 Mar 2018
Assets381.91346.27305.16281.03
Total Income177.99218.14185.91160.55
Profit After Tax28.0731.3239.205.42
EBITDA53.7562.3355.9632.82
NET Worth239.26225.08234.98205.52
Reserves and Surplus218.86198.32206.77177.31
Total Borrowing16.0029.1328.7319.79
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Repayment or prepayment in full or part of borrowings availed by our Company63.00
2Funding working capital requirements95.00
3General corporate purposes54.92

About MTAR Technologies IPO

Incorporated in 1999, MTAR Technologies is a leading national player in the precision engineering industry. The company is primarily engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. Since its inception, MTAR Technologies has significantly expanded its product portfolio including critical assemblies i.e. Liquid propulsion engines to GSLV Mark III, Base Shroud Assembly & Airframes for Agni Programs, Actuators for LCA, power units for fuel cells, Fuel machining head, Bridge & Column, Drive Mechanisms, Thimble Package, etc. A wide range of complex product portfolios meets the varied requirements of the Indian nuclear, Defence, and Space sector. ISRO, NPCIL, DRDO, Bloom Energy, Rafael, Elbit, etc. are some of the esteem clients. Currently, the firm has 7 state-of-the-art manufacturing facilities in Hyderabad, Telangana that undertake precision machining, assembly, specialized fabrication, brazing and heat treatment, testing and quality control, and other specialized processes. Competitive strengths Wide range of

Contact Details

MTAR Technologies Ltd. Address18, Technocrats Industrial EstateBalanagar, HyderabadHyderabad, Telangana, 500037+91 40 4455 3333shubham.bagadia@mtar.inVisit Website