MTAR Technologies IPO: Last Day to subscribe for the issue, retail portion subscribed over 16 times on 2nd day
MTAR Technologies IPO subscribed 10.27 times. The public issue subscribed 16.55 times in the retail category, 0.96 times in QIB, and 8.04 times in the NII category by Mar 4, 2021 5pm. Analysts say that KFin Technologies Private Limited is the registrar of MTAR Technologies IPO. The share allotment is likely to be finalised on March 10 and listing is likely on March 16.
MTAR Technologies, the maker of nuclear, defence and aerospace equipment, fabrication facilities and fuel cells is planning to raise up to Rs 5950 mn through an IPO, the IPO closes on 5th Mar 2021: Reuters