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MTAR Technologies Ltd. Public Offering of Equity Shares opening on March 3, 2021

MTAR Technologies Ltd. Public Offering of Equity Shares opening on March 3, 2021
Posted On:
2021-02-25 04:09:35
(Time Zone: Arizona, USA)
MTAR Technologies, a Hyderabad based precision engineering solutions company engaged in the manufacturing and development of mission critical precision components and critical assemblies catering to clean energy, nuclear and space and defense sectors, will open the Bid/Offer period in relation to its initial public offering of Equity Shares (the Offer / IPO ) on Wednesday, March 3, 2021 and close on Friday, March 5, 2021. The price band for the Offer has been decided at Rs. 574 - Rs. 575 per Equity Share. The Company and the Selling Shareholders may, in consultation with the book running lead managers (the BRLMs ), consider participation by Anchor Investors which shall be one Working Day prior to the Bid/Offer Opening Date, i.e. Tuesday, March 2, 2021. MTAR has, in consultation with the Book Running Lead Managers, underta ....

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MTAR Technologies sets price band of Rs 574-575 per share - The Hindu BusinessLine

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 Pre-IPO Placement of 1,851,851 equity shares, aggregating to Rs. 100 crore, with the Axis and SBI mutual funds. ....

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