MTAR Technologies IPO
MTAR Technologies Limited (MTARTECH) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 15 March 2021.
Listed 15 Mar
Listing gain +82.6%
Issue details
Price band
₹574–575
Issue price
₹575
Lot size
26 shares
Min. retail bid
₹14,950
Max. retail bid
13 lots (₹1,94,350)
Issue size
—
Face value
₹10
Bidding
03 Mar – 05 Mar 2021
Listing
15 Mar 2021
Retail quota
—
Registrar
KFIN Technologies Private Limited
Listing day
Listed at
₹1,050
+82.6% vs issue price ₹575
Day's high
₹1,155
+100.8% · low ₹1,040 (+80.9%)
Day's close
₹1,082
+88.3% · traded ₹1,638 Cr
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to MTAR Technologies's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Equitas Small Finance BankOct 2020 | — | — | — | — | — | -5.8% | +0.5% |
| SBI Cards and Payment ServicesMar 2020 | — | — | — | — | — | -12.4% | 0.0% |
| IndiaMART InterMESHJun 2019 | — | — | — | — | — | +21.3% | +37.5% |
| Metropolis HealthcareApr 2019 | — | — | — | — | — | +8.9% | +11.7% |
| MSTCMar 2019 | — | — | — | — | — | -4.2% | 0.0% |
| TCNS Clothing Co.Jul 2018 | — | — | — | — | — | 0.0% | +1.3% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| JM Financial | 109 | +22.8% | 75% |
| IIFL Securities | 94 | +19.3% | 71% |
Offer documents (NSE)
Frequently asked
What is the MTAR Technologies IPO price band and lot size? ₹574–575 per share, with a lot of 26 shares, so the smallest retail bid is ₹14,950.
How did it list? It opened at ₹1,050, +82.6% against the issue price of ₹575, and closed its first day +88.3%.
Other IPOs of 2021
CMS Info SystemsSupriya LifescienceHP AdhesivesData Patterns (India)MedPlus Health ServicesMetro BrandsC.E. Info SystemsShriram Properties
All 2021 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
