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Read more about MTAR Technologies IPO priced between Rs 574-575, open March 3-5 on Business Standard. Comprises a fresh issue of Rs 123 crore and an offer for sale of Rs 472 crore
February 25, 2021 IPO to open on March 3, company secures Rs 100 cr from anchor investors MTAR Technologies has set a price band of Rs. 574–Rs. 575 per equity share for its initial public offering of equity shares. The IPO of the Hyderabad-based precision engineering solutions company, engaged in the manufacture and development of mission critical precision components and critical assemblies catering to clean energy, nuclear and space and defence sectors, will open on March 3. The company and the selling shareholders may, in consultation with the book-running lead managers, undertake a Pr...
The pre-IPO has been priced at Rs 540 per share, which implies a post-money valuation of the company at Rs 1,660 crore