MTAR Technologies Limited IPO
MTAR Technologies Limited was a mainboard IPO in the Other Electrical Equipment sector, offered at ₹574–₹575 per share to raise ₹596 crore. It listed on 15 Mar 2021 at ₹1,050 and closed its first day at ₹1,082, a listing gain of +88.3% versus the ₹575 issue price. It now trades around ₹6,838 (+1089.2% versus the issue price).
Frequently asked questions
- What were the MTAR Technologies Limited IPO listing gains?
- MTAR Technologies Limited listed on 15 Mar 2021 at ₹1,050, closing its first day at ₹1,082 — a listing gain of +88.3% versus the ₹575 issue price.
- What was the price band and lot size of the MTAR Technologies Limited IPO?
- The price band was ₹574–₹575 per share, with a minimum lot of 26 shares (₹14,950 at the upper band).
- Who were the registrar and lead manager for the MTAR Technologies Limited IPO?
- KFIN Technologies Private Limited was the registrar, and JM Financial was the book-running lead manager.