MTAR Technologies IPO - Subscribe or not?

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

The country plans to double its nuclear capacity to 11.5 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 MTAR

1. Issue Open- 3rd March
2. Issue Close – 5th March
3. IPO Price – ₹574 to ₹575 per equity share
4. Face Value -
5. IPO Size – 596.41 Cr
6. Listing At – BSE and NSE
7. IPO Lot Size – 26 Shares
8. Company details -
9. Sector – Indian nuclear, Defence, and Space sector
10. How to apply – You should have Demat Account.
11. Rating – ( / 5)
12. Current Grey Market Premium -
13. Shareholding Details -

Steps to apply in MTAR Technologies IPO through Zerodha

1. Visit the Zerodha website and login to Console – https://zerodha.com/open-account?c=...ZF
2. Go to Portfolio and click the IPOs link.
3. Go to the ‘Kalyan jewellers IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. 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