MTAR Technologies IPO Review: Invest for BIG listing gains and long term view, Market Guru Anil Singhvi says - know about valuations, risks
MTAR Technologies IPO Review: BIG Money riding on this IPO? What to do with MTAR Initial Public Offering (IPO) which opens today? Worry not, as Zee Business has you covered. Importantly, Managing Editor Anil Singhvi has recommended investment in MTAR Technologies IPO. Significantly, the Market Guru added that investors can expect BIG LISTING GAINS
MTAR Technologies IPO Review: BIG Money riding on this IPO? What to do with MTAR Initial Public Offering (IPO) which opens today? Worry not, as Zee Business has you covered. Importantly, Managing Editor Anil Singhvi has recommended investment in MTAR Technologies IPO. Significantly, the Market Guru added that investors can expect BIG LISTING GAINS. Know the complete MTAR Technologies IPO investment strategy here. That investor have been quite eager for this issue to come is clear from the fact that a key phrase has been trending for days - MTAR Technologies IPO dates.
The Market Guru said that investors should put money in MTAR Technologies IPO for big listing gains. Critically, not just listing gains, it is also recommended with a long term view by Anil Singhvi. He called MTAR Technologies IPO a conviction buy.
See Zee Business Live TV Streaming Below:
Watch Zee Business Tweet Video Below:
MTAR Technologies में बनेगा बड़ा पैसा, जरूर करें सब्सक्राइब
बड़े लिस्टिंग गेन और लंबी अवधि के लिए जरूर लगाएं पैसा
— Zee Business (@ZeeBusiness) March 3, 2021
A new management of the new company which has Rs 200 cr revenues talks about Corporate Governance shows quality of the company, the Managing Editor said. He has spoken with the Management of the company.
Axis Mutual Fund and SBI Mutual Fund have done a pre-IPO in this, he further said. If money is put in a company before its IPO is done then the investor has to keep the money parked in it for at least one year. He said that the anchor book has come in very strong. Anchor investors contributed Rs 179 cr at a price of Rs 575 per share.
MTAR Technologies IPO – What works
Unique business model, company works for defense sector companies and has business interests in nuclear power, clean energy and aero space
Tie-up with Bloom Energy a US based company; supplies to Nuclear Power Corporation, ISRO, DRDO
Entry barriers in this sector augurs well for MTAR Technologies
Experienced Promoters brings comfort
High Profit margins at around 30 percent
MTAR Technologies IPO – RISKS
Business Concentration as MTAR Technologies primarily works for 3-4 companies - Bloom Energy, Nuclear Power Corporation, ISRO, DRDO
High Capital cost
Limited clients and high cost puts company at risks as MTAR Technologies is a small company
The company has a niche, but valuations are not that cheap, the Managing Editor said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.