MTAR Technologies IPO Subscription Status: FINAL
MTAR Technologies, incorporated in 1999, is a leading precision engineering solutions company engaged in the manufacture of mission-critical precision components to serve projects of high national importance, through precision machining, assembly, testing, quality control, and specialized fabrication competencies.
MTAR Technologies IPO Subscription: End of Day Update
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MTAR Technologies IPO Subscription: Analyst Recommendations
HEM Securities – SUBSRIBE
The company’s financial performance looks strong with a healthy balance sheet position. It has a wide product portfolio along with a marquee customer base and robust order book which gives strong revenue visibility going forward.
GEOJIT Financial – SUBSRIBE
With no listed peers, positive sentiment in space and defence sectors due to Make in India and Atmanirbhar Bharat and limited competition for the products they manufacture, we assign a Subscribe rating, with a long term view.
CHOICE BROKING – SUBSRIBE [REPORT]
LKP SECURITIES – SUBSRIBE [REPORT]
MTAR Technologies IPO Subscription: Key IPO Details
|Issue Size||₹596.41 Cr|
|Face Value||₹10/- per Equity Share|
|IPO Price||₹574 – ₹575|
|Lot Size||26 shares|
|Lots||Min 1 – Max 13|
|2018||2019||2020 Mar||2020 Dec|
|Revenue from Ops||159. 60 Cr||183.67 Cr||213.77 Cr||177.27 Cr|
|Profit before Tax||17.15 Cr||41.55 Cr||45.53 Cr||39.60 Cr|
|Profit after Tax||5.42 Cr||39.12 Cr||31.32 Cr||28.07 Cr|
|As of March 2020||EPS||P/E (Floor)||P/E (Cap)|
|Based on basic EPS||11.11||51.67||51.76|
MTAR Technologies IPO: Comparison with industry peers
As per the RHP, none of the listed companies in India is engaged in a portfolio of business similar to MTAR technologies.
MTAR Technologies IPO Subscription – FAQs
1. How to apply for MTAR Technologies IPO in Retail Category?
A: An investor in retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account
2. How to apply for MTAR Technologies IPO in HNI Category?
A: An investor can apply in HNI category only through the ASBA process via bank account
3. Where can I find the Red Herring Prospects (RHP) details?