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MTAR Technologies IPO details, company information, turnover

MTAR Technologies IPO details, company information, turnover

About MTAR Technologies:-

MTAR Company Full form is Machine Tool aids and reconditioning technologies Pvt Ltd. Mtar Technologies were found by Sri P. Ravindra Reddy, Sri K. Satyanarayana, And Sri P. Jayaprakash Reddy in 1970. MTAR Technologies was established in 1970 as a partnership firm. They had transformed a partnership into MTAR Technologies Private Limited Company on November 11, 1999. Listed as Mtar Technologies in 1999. After Come To be Know as Mtar Technologies Pvt Ltd. In march 2021  Mtar Technologies Private Limited Company Convert Into a Public Limited Company. Now Mtar Tech is known as MTAR Technologies Limited. The list of IPO of the MATR shares IPO in the stock market is Published on March 10, 2021. MTAR IT is growing in a large group of Indian Civil Atomic Energy Program, Indian Space Program, Indian Defense, Global Defense, And the global clean energy sector. They had machining, assembly line, specialized in fabrication, painting, and social process facilities available in mtar technologies. They have one of the best facilities available in India and Asia.

Business Of Mtar Technologies:-

Mtar technologies have esteemed clients ISRO, NPCIL, DRDO, BLOOM ENERGY, RAFAEL, ELBIT, And Others. Mtar technologies include critical assemblies such as liquid propulsion engines to GSLV mark 3, Base shroud assembly & airframe for Agni, etc. they are developed ball screws and water-lubricated bearings that are specialized and premium product in nuclear, space and defense.

Mater Tech has been serving customers in the civilian nuclear sector for the past 35 years. Mtar Technologies has established a relationship with the nuclear power corporation of India Limited (NPCIL). 

MATR technology manufactures and supplies specific products. fuel machining head, drive system, bridge, column, and coolant channel. 

 Mtar technologies supplier of mission-critical components and assemblies to customers within the space. There is a long-standing relationship between the Indian Space Research Organization (ISRO), and MTAR technologies over the three decades. Mtar tech has been able to supply specialized products to the Indian space program. Mtar technologies create a variety of mission-critical components such as liquid propulsion engines, combining components and assemblies for cryogenic engines.  They manufacture electro-pneumatic modules for turbopumps, booster pumps, gas generators, injectors for engines, and major space launch vehicles. 

MATR technology supplies assemblies to mission-critical components and customers in the defense sector. It has long-standing relationships with the Defense Research Development Organization (DRDO) and MATR technology over the past four decades. They are assemblies for DRDO including base shroud assembly for Angi missile. And the assembly of Mtar Technologies is the secondary injection thrust vector control (SITVC) And hydraulic fin tip control (HFTC).

Mtar technologies are also focusing on clean energy services, They are producing power units, especially hot boxes. And the development and manufactures of hydrogen boxes and electrolyzers for Bloom Energy in the united states for 9 years.

Mtar technologies directors:-

there are 4 directors in Mtar technologies limited. Subbu Venkata Rama Behara, Krishna Kumar, Aravamudan, Mathew Cyric.

Mtar Technologies IPO Details | Review:-

They raised a fund of Rs.596.41 Crores by issuing 10,372,419 Eq Share In Mtar Technologies IPO. Mtar Technologies has decided the face value of eq share is Rs.10 each. Mtar technologies Share Price Of Rs.574 Or 575 at Listing Time. The IPO Opening date is 3 March 2021 and the Closing date is 5 March 2021. And another Detail Of Mtar Technologies IPO is given Below.

IPO OPENING DATE 3 MARCH 2021
IPO CLOSING DATE 5 MARCH 2021
ISSUE TYPE IPO
FACE VALUE RS.10 PER EQUITY SHARE RS.10
IPO PRICE (in Shares Lot) RS.574 TO RS.575 PER EQUITY SHARE
MARKET LOT 26 SHARES
MIN ORDER QUANTITY 26 SHARES
LISTING LOT BSE,NSE
ISSUE SIZE 10,372,419 Eq shares Of Rs.10
Fresh Issue 2,148,149 Eq share OF Rs.10
Offer For sale 8,224,270 Eq share Of Rs.10


Mtar Technologies Lot Size:-

There Market lot Size is a minimum of 26 shares for 1 Lot. Retail and individual investors can apply for Up to 13 lots. An investor can apply a Minimum of 1 IPO (26 shares) lot amount of Rs.14950, And Investor Can apply a Maximum of 13 lots Of IPO (338 shares) amount Of Rs.194,350.

Mtar Technologies IPO Promoter Holding:-

In Mtar technologies IPO Pre Issue share Holding Of 62.24% And Post Issue Share Holding Is 50.25%.

Allotment Date:-

Mtar technologies Share Listing Date Is 16 march 2021  in Nse And Bse Market. Mtar Technologies Allotment Date Is 10 march 2021 will be Done And Allotment of Shares will be credited to investors Demat Account on 15 March 2021.

Turnover:-

The turnover of MTR technology for 2020 is Rs 213.77 crore, the total revenue is Rs 218.14 crores. The turnover History Of past 4 year

Year March 2020 March 2019 March 2018 March 2017
Sales Turnover 213.77 183.67 159.60 100.68
Excise Duty 0 0 2.98 00
Net Sales 213.77 183.67 156.62 100.68
Other Income 4.3680 2.2377 0.9486 0.7823
Total Income 218.14 185.91 157.57 101.46

Address:-

Mtar Technologies located in Balanagar, Hyderabad. Their manufacturing facilities address is 18, Technocrats Industrial Estate, Balanagar, Hyderabad, Telangana, Pin -50037. MTAR Technologies is also called Balanagar.

Contact Details As Per given Below:-

Phone:-040 4455 3333

FAQ Frequently Asked Questions For Mtar Technologies.

Q.1 Mtar IPO Share Locking Period.

 SBI mutual funds and axis mutual funds are bought the shares of Rs. 18.51 crore. After the launch of mtar share IPO in the share market the shared lock for the one-year period.

Q2. Mtar parent company

Mtar technologies are an induviual company. The Mtar technologies founded by Sri P. Ravindra Reddy, Sri K. Satyanarayana, And Sri P. Jayaprakash Reddy in 1970. Mtar has not A parent company. 

Q3.Should I invest in Mtar at the current rate?

Yes, You can invest in mtar at the current price. Because Mtar technologies work with the Indian space research organization. They provide equipment to ISRO And their financial growth is better. The market expert would suggest holding the share for the future it will touch the high price. 

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