MTAR Tech IPO

MTAR Tech raises Rs 179 crore from 15 anchor investors

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MTAR Tech raises Rs 179 crore from 15 anchor investors

MUMBAI: Hyderabad based precision engineering solutions company MTAR Technologies has raised Rs. 180 crores from 15 anchor investors ahead of its initial public offer (OFS) which will open for subscription on Wednesday. The company has allocated 31.11 lakh shares at Rs. 575 per share on March 2, to the anchor investors. The anchor book, according … Read more

MTAR Tech IPO opens on Wednesday. What you should know before subscribing

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MTAR Tech IPO opens on Wednesday. What you should know before subscribing

ET Intelligence Group: Hyderabad based MTAR Technologies plans to raise Rs 124 crore by issuing fresh equity shares and another Rs 473 crore by selling a portion of existing shares. The company caters to nuclear, defence, and space research sectors. Given the strength of its products and solutions portfolio, increasing opportunities in the renewable energy, … Read more