Mtar Tech Ipo Details News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The initial public offering (IPO) by MTAR Technologies, a precision engineering company, is set to hit the primary market on Wednesday, March 3. The company that manufactures critical and differentiated engineered products, primarily serves customers in the nuclear, space and defence, and clean energy sectors.
The company looks to raise up to Rs 596.41 crore via a combination of fresh issue of shares worth Rs 123.51 crore and an offer for sale of Rs 472.90 crore. The IPO is slated to run between March 3-5 with a price band of Rs 574- 575 per share. MTAR plans to utilise the money raised for repayment of the borrowings, to fund the working capital requirements and for general purposes. ....

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