MTAR Technologies IPO to hit the market on 03 March and closes on 05 March 2021. The grey market is active and looking good. The GMP is showing good trend which reached at Rs. 400 and the all eye will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise 596.41 crore via IPO. Check out MTAR Technologies IPO grey market premium, Kostak rates, and subject to sauda rates as of today.
Latest Update: MTAR Technologies IPO subscribed 200.79x times, QIB 164.99x, NII 650.79x and RII 28.40x times on day 3.
MTAR Technologies IPO Subscription Numbers(Day 2)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.00x | 0.96x | 164.99x |
| NII | 1.02x | 8.04x | 650.79x |
| RII | 6.93x | 16.55x | 28.40x |
| EMP | 0.00x | 0.00x | 0.00x |
| OTH | 0.00x | 0.00x | 0.00x |
| Total | 3.68x | 10.27x | 200.79x |
MTAR Technologies IPO Date & Price Band
| IPO Opening Date | Mar 03, 2021 |
| IPO Closing Date | Mar 05, 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 |
| Issue Size | 10,372,419 Eq Shares of ₹10 (aggregating up to ₹596.41 Cr) |
| Fresh Issue | Eq Shares of ₹10 (aggregating up to ₹ Cr) |
| Offer for Sale | 8,224,270 Eq Shares of ₹10 (aggregating up to ₹472.90 Cr) |
MTAR Technologies IPO Market Lot
| Minimum Lot Size: | Minimum 26 Shares |
| Minimum Amount: | ₹-14,950 |
| Maximum Lot Size: | Maximum 338 Shares |
| Maximum Amount: | ₹-1,94,350 |
MTAR Technologies IPO Tentative Timetable
The MTAR Technologies IPO open date is Mar 3, 2021, and the close date is Mar 5, 2021. The issue may list on Mar 16, 2021.
| IPO Open Date | Mar 03, 2021 |
| IPO Close Date | Mar 05, 2021 |
| Basis of Allotment Date | Mar 10, 2021 |
| Initiation of Refunds | Mar 12, 2021 |
| Credit of Shares to Demat Account | Mar 15, 2021 |
| IPO Listing Date | Mar 16, 2021 |
MTAR Technologies IPO Subscription FAQs:
When MTAR Technologies IPO Subscription will start?
The IPO subscription starts on 03 March 2021 for QIB, NII, and Retail Investors.
How much MTAR Technologies IPO subscribed?
The IPO subscribed 200.79x times on day 1.
What is MTAR Technologies IPO retail subscription status?
The retail subscription is 28.40x on day 1.
How to subscribe MTAR Technologies IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live MTAR Technologies IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
