
✓
Open
3 Mar 2021
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Close
5 Mar 2021
3
Allotment
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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
13-03-2021₹580Est. ₹1155+100.87%
12-03-2021₹580Est. ₹1155+100.87%
11-03-2021₹500Est. ₹1075+86.96%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 138.70x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 381.91 | 346.27 | 305.16 | 281.03 |
| Total Income | 177.99 | 218.14 | 185.91 | 160.55 |
| Profit After Tax | 28.07 | 31.32 | 39.20 | 5.42 |
| EBITDA | 53.75 | 62.33 | 55.96 | 32.82 |
| NET Worth | 239.26 | 225.08 | 234.98 | 205.52 |
| Reserves and Surplus | 218.86 | 198.32 | 206.77 | 177.31 |
| Total Borrowing | 16.00 | 29.13 | 28.73 | 19.79 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment in full or part of borrowings availed by our Company | 63.00 |
| 2 | Funding working capital requirements | 95.00 |
| 3 | General corporate purposes | 54.92 |
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