Mtar Technologies Ltd News Today

MTAR Technologies had raised a total of Rs 596.41 crore via its initial public offering in March 2021. The company issued its shares at Rs 575 apiece.

The Board of Directors of MTAR Technologies Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.

The Board of Directors of MTAR Technologies Limited have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23, 9MFY23 at its board meeting.

MTAR Technologies Ltd (MTL) manufactures specialised machine equipment, assemblies, sub-assemblies, precious tools and spare parts for energy, nuclear, space, aerospace, defence and other engineering industries.

NEW DELHI: A rush of IPOs from businesses good and not so good, and aggressive pricing of such issues are considered important signs of an ageing bull market. Dalal Street has currently been seeing strong subscriptions to all kinds of IPOs, many of which have been deemed aggressively priced. Worse, most of the IPOs with lofty valuations are also commanding strong premia in debut trade. This, some market watchers say, suggests a bubble is building up in the IPO mart. “It’s a no-brainer! Inve...

On Tuesday, MTAR Technologies raised Rs 178.92 crore from 15 anchor investors at Rs. 575 per share including Nomura Funds Ireland, Jupiter South Asia Investment, White Oak Capital and Goldman Sachs India.

NEW DELHI: The grey market premium (GMP) of MTAR Technologies, whose initial public offer (IPO) got fully subscribed on Wednesday itself, saw a rise, thanks to strong secondary market trend. Heranba Industries, whose share allotment was finalised on Tuesday, is also commanding a strong premium in the grey market. Analysts who track grey market trends said that Easy Trip, which announced its Rs 510 crore IPO today, is also picking up the momentum in the grey market. This IPO would hit the prima...

NEW DELHI: MTAR Technologies, a precision engineering company, is set to hit Dalal Street with its IPO on Wednesday. The company manufactures critical and differentiated engineered products in the nuclear, space and defence, and clean energy segments, and owns seven manufacturing facilities in Hyderabad, including an export-oriented unit. MTAR, whose client list includes ISRO, DRDO, Rafael, NPCIL and Bloom Energy, is looking to sell 1.037 crore shares, a mix of fresh issue and an offer for sale...