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MTAR Technologies IPO: MTAR Technologies shares got overwhelming support from investors as it received total bids for 145.79 crore shares as against 72.60 lakh shares on the offer.
The Rs 600-crore MTAR Technologies initial public offering (IPO) opened for subscription today. Price band for the IPO has been fixed at Rs 574-575 per share. The Hyderabad-based firm raised Rs 180 crore from 15 anchor investors on Tuesday. It allocated 3
MTAR Technologies IPO price band is Rs 574-575 per share.
MTAR Technologies share sale via initial public offering (IPO) began today and will continue till March 5, Friday. MTAR Technologies is planning to raise Rs 596 crore from the IPO which comprises of an offer for sale of Rs 472.90 crore and fresh issue of Rs 123.52 crore. MTAR Technologies is selling shares in the price band of Rs 574 to 575 per share in lot size of 26 shares. A retail investor can apply for a maximum of 13 lots at the upper price band of the issue one lot size will cost Rs 14,950.
Brokerage firm Anand Rathi has subscribe rating for MTAR Technologies IPO. In a research report Anand Rathi said, At the upper end of the IPO price band, it is offered at 45.32 times its trailing twelve months earnings, with a market cap of Rs 1,769 crore. The company operates in an industry with high entry barrier especially given the steep learning curve, investment in advanced manufacturing facilities, precision requirements
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EaseMyTrip IPO is set to open on Monday price band for the issue set at ₹186 to ₹187 per share
EaseMyTrip IPO is set to open on Monday price band for the issue set at ₹186 to ₹187 per share
Navdeep YadavMar 3, 2021, 14:27 IST
Co-Founder and CEO, Easy Trip Planners Pvt. Ltd., Nishant Pitti BCCL
The IPO of EaseMyTrip will open on March 8 and remain open till March 10.
The company has set the price band for the issue at ₹186 to ₹187 per share.
The OTA offers a range of products and services for end-to-end travel solutions, from airline tickets to rail tickets and bus tickets to taxis, holiday packages, and much more.