MTAR Tech IPO subscription status: MTAR IPO subscribed 71% within 60 minutes of opening
On a trailing 12-month basis, MTAR IPO is offered at 45.32 times and is seeking a market cap of Rs 1,769 crore.
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On a trailing 12-month basis, MTAR IPO is offered at 45.32 times and is seeking a market cap of Rs 1,769 crore.
Updated Mar 03, 2021 | 13:36 IST The IPO market is burgeoning with offers owing to cheap liquidity, right market conditions. Most public offers issued in the first two months of 2021 got oversubscribed multiple times and gave listing gains It's raining IPOs: 10 public issues likely to hit market in March  |  Photo Credit: Thinkstock Riding on wave of bull market at least 1o companies have lined up their initial public offers (IPOs) in the month of March. Among those looking to cash in the exuberance of secondary market include MTAR Technologies, Kalyan Je...
Here's the breaking down of the pre-market actions: State of Markets Nifty futures on the Singapore Exchange traded 14 points, or 0.09 per cent, higher at 14,997 in signs that Dalal Street was headed for a positive start on Wednesday. Tech View: Nifty hurdle at 20-DMA Nifty50 on Tuesday climbed over 1 per cent and settled above the 14,900 mark. The index formed a bullish candle on the daily chart, with a long lower wick, suggesting that every intraday selling got bought into. Analysts said the 15,000 level will be a key hurdle for Nifty50 to watch out for. Asian shares mixed in early trade As...
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.
MTAR manufactures mission-critical precision components used in rocket engines and satellites, gearboxes for fighter aircraft, complex assemblies for nuclear power reactors and hydrogen box used in fuel cells.