Page 6 - Mtar Technologies News Today

The consideration for such acquisition is Rs8.20 crore, payable in cash after deduction of borrowings and liabilities.

Country’s biggest institutional investor Life Insurance Corporation of India (LIC) increased its stake in listed companies to 3.83 per cent for the quarter ended March 31.

MTAR Technologies has received NADCAP Certification for its 100 per cent EOU and Unit 5 in Telangana for 12 months until November 2022

Mathew Cyriac is looking to take at least two companies public in India in the coming years after MTAR Technologies Pvt.’s debut success. MTAR Technologies, a precision engineering firm that Cyriac bought from Blackstone Group Inc. in 2017 when he left the private equity firm, has seen shares risen more than 60% since its March debut. The listing is part of India’s red-hot initial public offerings market where companies have raised about $4 billion since the start of the year, on track for ...

Last financial years most rewarding IPOs included Happiest Minds, Chemcon Speciality Chemicals, Route Mobile, Burger King, Mrs. Bectors Food, Indigo Paints, Mtar Technologies, which doubled investors wealth on the listing day. The average listing gains from the IPOs of 2020 stood at 61 per cent, best since 2007.

Macrotech Developers, Seven Islands Shipping, Dodla Dairy among six upcoming IPOs in April The IPO market saw several public issues last month as market saw an improvement in investor sentiment with economic parameters too indicating a revival in GDP growth BusinessToday.In | April 5, 2021 | Updated 16:11 IST Shares of Laxmi Organic Industries, MTAR Technologies, Nazara Technologies, Easy Trip Planners, Heranba Industries, Craftsman Automation, Suryoday Small Finance Bank, Anupam Rasayan India...

Precision engineering company P Ravindra Reddy and the late K Satyanarayana Reddy. Its first project was the manufacture of coolant channel assemblies for nuclear reactor cores, as sought by the Department of Atomic Energy at that time. The department had first approached state-owned HMT Ltd (then Hindustan Machine Tools Limited) for the project, but it declined, saying there was too much complexity involved.  So the Reddy friends took up the challenge. With four machines at a small worksh...

Indian companies rush to list on the bourses Besides MTAR, a bunch of other Indian firms are also waiting to launch their initial public offerings. 0 claps Good morning! 2021 is expected to be a blockbuster year for IPOs in India as homegrown startups, as well as small and medium businesses, look to give its investors valuable ‘exits’.  Cumulatively, IPOs raised around Rs 30,000 crore in capital in 2020, more than double of the Rs 12,362 crore it had raised in 2019. Experts reckon this ye...

MTAR Technologies shares made its debut at Rs 1,063.90 on BSE against IPO issue price of Rs 575

MTAR Technologies manufactures equipment for aerospace, defence and nuclear energy sectors MTAR Technologies made a blockbuster debut on the bourses this morning. The shares listed at listed at Rs 1,063.90 on BSE, a 85.03 per cent premium over its issue price of Rs 575. On the NSE, the stock debuted at Rs 1,050, a premium of 82.6 per cent. MTAR Technologies initial public offering (IPO) had received an overwhelming response from the investors. The IPO was subscribed 200.79 times, receiving tota...