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MTAR Technologies IPO opens for subscription
The IPO of MTAR Technologies, a precision engineering solutions company, will open for subscription today. The issue will close on March 5.
The IPO consists of a fresh issuance of up to 21,48,149 equity shares aggregating Rs 124 crore and an offer for sale of up to 82,24,270 equity shares worth up to Rs 473 crore by selling shareholders.
The price band has been fixed at Rs 574- 575 per equity share for the initial share-sale. A retail investor can apply minimum for one lot which comprises 26 shares. Allotment of MTAR Technologies shares will be finalised on March 10 and shares will be credited to demat accounts on March 15. ....

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