MTAR Technologies IPO listing date today: MTAR IPO listing date was rescheduled and, instead of 16th March, 2021, it has listed on 15th March 2020, which is today. And the decision worked well for the defense sector company as it got listed at both NSE and BSE at over 85 per cent premium.Mar 15, 2021
What is the listing price of Mtar IPO?
Listing Date Monday, March 15, 2021
------------ ----------------------
Listing In B Group of Securities
ISIN INE864I01014
IPO Price ₹575 per equity share
Face Value ₹10 per equity share
What is Mtar IPO?
MTAR Technologies IPO is a main-board IPO of 10,372,419 equity shares of the face value of ₹10 aggregating up to ₹596.41 Crores. The issue is priced at ₹574 to ₹575 per equity share. The minimum order quantity is 26 Shares. The IPO opens on Mar 3, 2021, and closes on Mar 5, 2021.
Is investing in Mtar IPO good?
Overall MTAR is overpriced at a FY20 P/E of 57.5 times. But it has been commanding a good grey market premium, indicating the offer will sail through. Keeping the risks in mind, we recommend to subscribe to this IPO for listing gains only," she added.Mar 3, 2021