MTAR Technologies IPO - Subscribe or not?
MTAR Technologies IPO – Subscribe or not?
Tentative dates – 3rd March to 5th March
- IPO Opening Date Mar 3, 2021
- IPO Closing Date Mar 5, 2021
- Issue Type Book Built Issue IPO
- Face Value ₹10 per equity share
- IPO Price ₹574 to ₹575 per equity share
- Market Lot 26 Shares
- Min Order Quantity 26 Shares
- Listing At BSE, NSE
- Groups
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IPO
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Stock Markets
Deal Wiki
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Last updated by: bumblefoot
MTAR Technologies is a leading precision engineering solutions company & has offerings in the clean energy, nuclear and space and defence sectors where company manufacture critical and differentiated engineered products with a healthy mix of developmental and volume-based production, customized to meet the specific requirements of customers.
LKP Securities also recommended investors to subscribe the issue as it commands premium considering its healthy order book, visibility of topline growth, competitive edge, superior profitability as compared to peers, return ratios, wide clientele spread across the globe, sound R&D base and technological progress.
India has 22 operational nuclear reactors with a capacity of 6.3 GW
Hence, seven new reactors are expected to come into operation in the next five years. "This will create a huge opportunity for MTAR in the large refurbishment and maintenance market that is also expected to increase 1.6×. The recent ban on 101 defence based items, thrust towards indigenisation and policy initiatives towards making India an export hub for defence products will further widen the scope and addressable opportunity for MTARThe country plans to double its nuclear capacity to 11.5 GW.
- Issue Open- 3rd March
- Issue Close – 5th March
- IPO Price – ₹574 to ₹575 per equity share
- Face Value -
- IPO Size – 596.41 Cr
- Listing At – BSE and NSE
- IPO Lot Size – 26 Shares
- Company details -
- Sector – Indian nuclear, Defence, and Space sector
- How to apply – You should have Demat Account.
- Rating – ( / 5)
- Current Grey Market Premium -
- Shareholding Details -
Steps to apply in MTAR Technologies IPO through Zerodha
- Visit the Zerodha website and login to Console – https://zerodha.com/open-account?c=...ZF
- Go to Portfolio and click the IPOs link.
- Go to the ‘Kalyan jewellers IPO’ row and click the ‘Bid’ button.
- Enter your UPI ID, Quantity, and Price.
- ‘Submit’ IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Disclaimer: – We are not SEBI registered. The information provided herein is for education purpose only. We will not be responsible for any of your profit/loss with this channels suggestion. Consult your financial advisor before take any decision
Got allotment?
MTAR 470 (IPO Price 575)
Easy Trip 165 (Price 187)
Anupam 170 (Price 555)
Laxmi 95 (Price 130)
Kalyan 7 (Price 87)
Nazara 820 (Price 1101)
Suryoday 34 (Price 305)
Source twitter
Can you please explain these figures written before the IPO price
Its grey market premium
For anupam, Laxmi etc is it expected gmp?
Subscribe
To what
Yess
How to maximise chance of allotment? If one person apply 5 lot for single account, or same pan holder apply 1-1 lot from 5 different dmat or he use 5 different pan of family members and apply 1-1 lot from each pan???
Bhai why you are so much confused? It’s simple to get maximum chance of allotment.
I will recommend you to open Upstox account of each and every family members of yours.
For each Upstox account you will have to provide pancard of same family members, and each upstox account will provide unique dmat account for all your family members.
Apply 1 lot of IPO from each upstox account to maximize your chances to get allotment.
I recommended you upstox as it is very easy to trade on upstox app.
If you want referal link for upstox account DM me 
No one should sell this stock and keep it for long term, I am sure this stock can reach level of 5000 in 2 years time.
Look at the performance of Indiamart & Affle.
How’s the josh