MARKET CLOSED
MTAR Technologies Limited
mainboardlistedRegistrar: KFintech Private Limited · Listing 2021-03-16
IPO Timeline
Today · 20 Oct 2026
Opens
03 Mar 2021
Closes
05 Mar 2021
Allotment
05 Mar 2021
Refund
12 Mar 2021
Demat
10 Mar 2021
Listing
16 Mar 2021
Price Band
₹574–575
GMP
₹0
0%
Lot Size
26 Shares
Min ₹14,950
Subscription
0x
Issue Size
₹596 Cr
Open
2021-03-03
Close
2021-03-05
Listing
2021-03-16
About the company
Founded in 1970 as ‘Machine Tools Aids and Reconditioning’, MTAR is a precision engineering company that serves customers in the clean energy, nuclear and space and defence sectors. MTAR has seven manufacturing facilities, each of which is situated in Hyderabad, Telangana.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
Current Status · as of 20 Oct 2026
Listed
Listed on 16 Mar 2021
IPO Opens
Completed03 Mar 2021Bidding starts for all investor categories
IPO Closes
Completed05 Mar 2021Last day to place your bid
Basis of Allotment
Completed05 Mar 2021Share allotment finalised
Refund Initiation
Completed12 Mar 2021Refunds credited for non-allottees
Credit to Demat
Completed10 Mar 2021Allotted shares credited to demat account
Listing on Exchange
Completed16 Mar 2021Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
Lot Size
26 shares
Price / Share (upper)
₹575
Min Investment (1 lot)
₹14,950
Price Band
₹574–575
Retail
≤ ₹2,00,000
Min lots
1
Min shares
26
Min amount
₹14,950
Max amount
₹194,350
sHNI (Small HNI)
₹2L – ₹10L
Min lots
14
Min shares
364
Min amount
₹209,300
Max amount
₹986,700
bHNI (Big HNI)
> ₹10L
Min lots
67
Min shares
1742
Min amount
₹1,001,650
Max amount
₹1,076,400
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 26 | ₹14,950 | 13 | ₹194,350 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 364 | ₹209,300 | 66 | ₹986,700 | ₹2L – ₹10L |
| bHNI (Big HNI) | 67 | 1742 | ₹1,001,650 | 72 | ₹1,076,400 | > ₹10L |
Shares reserved per category & allotment probability
QIB
100% allotment
Reservation
50%
Amount
₹298 Cr
Shares offered
5,187,119
Shares bid
0
Subscribed
0.00x
NII
100% allotment
Reservation
15%
Amount
₹89.4 Cr
Shares offered
1,556,136
Shares bid
0
Subscribed
0.00x
Retail
100% allotment
Reservation
35%
Amount
₹208.6 Cr
Shares offered
3,630,983
Shares bid
0
Subscribed
0.00x
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 5,187,119 | 298 | 0 | 0.00x | 100% |
| NII | 15% | 1,556,136 | 89.4 | 0 | 0.00x | 100% |
| Retail | 35% | 3,630,983 | 208.6 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
