MTAR Technologies IPO Subscription Numbers & Status | Should you Invest Here?

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 Subscription status

    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 200.79times on day 1.

    What is MTAR Technologies IPO retail subscription status?
    The retail subscription is 28.40on 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.