31 Mar 2018
Assets281.03
Total Income160.55
EBITDA32.82
Profit After Tax5.42
NET Worth205.52
Reserves and Surplus177.31
Total Borrowing19.79
At a glance
Updated 2026-08-23The shares listed at ₹1,050.00, a 82.61% move from the issue price. MTAR Technologies is a Mainboard IPO with an issue size of ₹596.41 crore, proposed for listing on BSE, NSE. The offer opens on 3rd Mar 2021 and closes on 5th Mar 2021. The issue structure includes a fresh issue of ₹123.52 crore and an offer-for-sale component of ₹472.90 crore. The current listing schedule points to 15th Mar 2021.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹596.41 Cr
Fresh issue₹123.52 Cr
Offer for sale₹472.90 Cr
Face value₹10
Price band₹574.00–₹575.00
Allotment10th Mar 2021
Listing15th Mar 2021
Listing performance
Full performance ↗Issue price₹575.00
Listing price₹1,050.00
Current price—
Listing gain82.61%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹580.00
GMP / upper price100.87%
Est. listing₹1,155.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens3rd Mar 2021
Closes5th Mar 2021
Allotment10th Mar 2021
Refund12th Mar 2021
Demat15th Mar 2021
Listing15th Mar 2021
Subscription demand
Full bidding ↗Total200.79×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 26 | ₹14,950 |
Company
Incorporated1999
Use of proceeds
| Object | Amount |
|---|---|
| Repayment or prepayment in full or part of borrowings availed by our Company | ₹63.00 Cr |
| Funding working capital requirements | ₹95.00 Cr |
| General corporate purposes | ₹54.92 Cr |
Financials
Full financials ↗31 Mar 2019
Assets305.16
Total Income185.91
EBITDA55.96
Profit After Tax39.20
NET Worth234.98
Reserves and Surplus206.77
Total Borrowing28.73
31 Mar 2020
Assets346.27
Total Income218.14
EBITDA62.33
Profit After Tax31.32
NET Worth225.08
Reserves and Surplus198.32
Total Borrowing29.13
31 Dec 2020
Assets381.91
Total Income177.99
EBITDA53.75
Profit After Tax28.07
NET Worth239.26
Reserves and Surplus218.86
Total Borrowing16.00
Trend chart₹ crore
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission) | 16.88 |
| 2 | Selling commission amd uploding charges payable to SCSBs and processing fees payable to SCSBs procured by the syndicate members, Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers, fees payable to the Sponsor Bank for Bids by RIBs, Processing fees payable to the Sponsor Bank | 6.83 |
| 3 | Fees payable to Registrar to the Offer | 0.02 |
| 4 | Printing and stationery expenses | 2.33 |
| 5 | Advertising and marketing expenses | 2.07 |
| 6 | Listing fees, SEBI fees, BSE and NSE processing fees, Book-building software fees, Other regulatory expenses, Fees payable to legal counsel; and Miscellaneous | 7.7 |
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission) | ₹16.88 Cr |
| Selling commission amd uploding charges payable to SCSBs and processing fees payable to SCSBs procured by the syndicate members, Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers, fees payable to the Sponsor Bank for Bids by RIBs, Processing fees payable to the Sponsor Bank | ₹6.83 Cr |
| Fees payable to Registrar to the Offer | ₹0.02 Cr |
| Printing and stationery expenses | ₹2.33 Cr |
| Advertising and marketing expenses | ₹2.07 Cr |
| Listing fees, SEBI fees, BSE and NSE processing fees, Book-building software fees, Other regulatory expenses, Fees payable to legal counsel; and Miscellaneous | ₹7.70 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- JM Financial Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.