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
- IPO
- Stock Markets
Deal Wiki
-
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
Congrats bro, How you applied?
alloted 1/8 lots – 3 demats
Finally IPO allotted after so many rejections. My last IPO allotted was Route mobile.
GMP suggesting double listing maybe. Hoping for the best.
As usual ipo not allocated , my ipo allotment status is zero percent till now
Applied from new account, got no share
I have a very good track record.
I have got allotment for all the IPO i have applied till date which have -ve listing.
UTI AMC
IRFC.
So, conclusion this ipo will have good listing gains.
Got nothing as usual
What about you guys?
@BubbleBoyChickenLittle @malikcool @bikidas2060 @guest_999 etc etc etc
Applied first time for 3 accs. No luck
1/2
Last IPO allotment was HAL [which got -ve listing]
Dear Investor,
Greetings!!
This is with reference to the application made by you in the public issue of MTAR TECHNOLOGIES LIMITED (“Company” or “Issuer”). Please find the allotment cum refund details as given below:
MTAR TECHNOLOGIES LIMITED
Allotment advice cum Refund Intimation
Bid cum Application Form No.
MB0000000227XXXX
RTA Reference No.
98325XX
DP ID Client ID
120816XXXXXXXXX
Issue Price per Security (Rs.)
575
Sole/ First Applicant Name
SHAHBAAN
Investment Particulars
Allotment Particulars
Securities Applied For
26
Securities Allotted
0
Amount Invested (Rs.)
14950.00
Amount adjusted towards allotment (Rs.)
0
Mode of Investment
ASBA thru SCSB
Amount of Refund, If any (Rs.)
14950.00
Refund Particulars if any, being unblocked by your SCSB (ASBA Banker) / UPI
Date of Unblock
12/03/2021
Expected Date of Listing
16/03/2021
Status
Regret – Un-successful allotment due to over-subscription
Applied in HNI, still didn’t get it. I thought it is guaranteed allotment in HNI quota. @MrKool_JJ @xuseronline
No worries Jija Ji.. itna dil pe na lagao.
Yeh nahin to koi aur sahi … share market me yeh sub chalta rehta hai
One of my friends call share Market as “Afsos ki market”. Bole to… yahan har koi yehi afsos krta rahta hai ki, “ye kar liya hota to maza aa jaata… sauda jaldi kyon kaat diya” etc etc
0/2
Had no hope but till had applied.
As always, ZERO allotment
Not surprised
Jinka allot hua hai please wo method Bata do kis bank se Kiya hai apply
I don’t think any method works here since it is a pure lottery for retail buyers. So its just luck.
And even if there are some chances of some sort of setting, any particular bank is definitely not that. I got 1 out of 2 lots applied from single account. ICICI Bank.
If you didn’t get any allotment, don’t get disappointed. Read market sentiment and buy at whatever price you get on listing day, if the share lists at higher value. Because if it opens at good high, chances are it will go higher, and then can’t say how much, but you WILL book some profit.**
**Investing in shares is subject to market risk falana dhimkana
Matar(Green peas) khaane ko nhi miley
PAN Card ka dukan hai kya bhai
Ye opposition wali IDHAR AALU, UDHAR SONA wali scheme to nhi?
TS: WOOOOOOWWWW!!
No No Ipo ki baat chal rahi hai Sona to gomutr and gobar see nikalta hai wo bhi bilkul free hai
When we are sure that ipo is gonna be oversubscribed then is it logical to apply for more than 1 lot
Iam reading here got 0/9 (3 demats)
Well am I missing something
Is one lot per different broker
Or one lot per pan card
And any tricks please share always getting alloted negative listing IPOs but never like mtar
They are applying with different pan cards
1 lot per card
My Amount is still blocked ? anyone else ?
Alloted 2/2.
Hope everyone gets this IPO.