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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 and Kalyan Jewellers India were listed on BSE and NSE last month. Investors will get a chance to su...

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 workshop in Hyderabad, they started MTAR. A year later, Ravindra’s brother, PJ Reddy, joined the compa...

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 year is going to be as big or even bigger.  The latest to head the IPO way is Hyderabad-based enginee...

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 total bids for 145.79 crore shares as against 72.60 lakh shares on offer. Ahead of the MTAR Technologie...