MTAR Technologies Limited IPO Message Board (Page 1)

One of my friend have account in canara bank, demat in groww. Can he apply through gpay for this IPO?

Gmp 400 today
🍸🍸
SS 7000
Kostak 450

Did any one try IDFC First bank ASBA option while applying any IPO?

Yes
I have tried but IDFC Bank upi not matured.

hi all GM !!!

please keep updtate GMP & kostak price

MTR & Ease my trip

GMP 400
APPLICATION RATES 450
SUBJECT TO RATES 7000

Subject to rate is 8000/ 8200
7000 rs not at any place..

5diif frnds demats account on zerodha but need to payment with one sbi card is that possible?how?

Kar sakte ho but charges applicable hai

So try upi in zerodha for free addition of funds

Do anyone have IDEA ABOUT APPLICATION ALLOW from bank to bank ASBA
(1) SBI - 5 Application
(2) AXIS - 3 Application
(3) Corporation - ?
(4) Bank of INDIA - ?
(5) HDFC BANK - ?

THANKS in Advance

Corporation bank is merged with union bank of India.
Whether third party applications 5 nos allowed in union bank of india?
Expert please comments those are applying 5 nos applications through union bank before merger with corporation bank.

You can apply from BOB also same like SBI 5 applications in one go, all five should be different PANs. It''s doesn''t matter who''s saving account are you applying. People who are saying SEBI can rejects blaw blaw, don''t trust them. I am applying since 2014.

Lena hai

GMP eagleye? Kostak? Subject 2?
Please guide

Guys can we apply in multiple accounts with same BHIM upi id ?

One UPI id can be used for one application having same PAN in Demat and Bank account. Third party application through UPI summarily rejected. Use SBI ASBA

UPI can only be used for 1 id. You can use 1 Asba to apply with multiple demat accounts.

Ye company hmare pese ko bhi chand tak le jyego

****2

Pround moment for India:
ISRO successfully Launched of Amazonia-1 and 18 Co-passenger satellites onboard PSLV-C51.,🗼
I will keep in portfolio forever.

what is full form of MTAR, I mean there has to be some logic behind such small MTAR???? any one ???????

May be a name ending with REDDY

MATR:- MACHINE,TOOL,AIDS & RECONDITIONING

Good ipo must apply for

Long term/listing gain

Three fold hoga 1 year me

Since Eagleye mam has given details, this IPO will be interesting. I would watch it closely and perhaps take it from secondary market after listing.

If anyone get alloted . One can hold this for long term?? Expert your views on mtar for long term pls....

Mtar
400 vyaj
360-370

Heranba
215-220

MTAR Technologies IPO – Schedule *(FINAL – Pg #457 of RHP)*

26th Feb – Announcement of Price Band
02nd Mar – Anchor Investors Allotment
03rd Mar – Offer Opens
05th Mar – Offer Closes
10th Mar – Finalisation of Basis of Allotment
12th Mar – Unblocking of ASBA Accounts
15th Mar – Credit of Equity Shares to Depository Accounts
16th Mar – Commencement of Trading


MTAR Technologies IPO – Issue Information *(FINAL)*

Issue Opens on: 03 March 2021
Issue Closes on: 05 March 2021
Issue Type: Book Built Issue IPO
Issue Size: 1,03,72,419 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.574 – Rs.575 Share
Discount: NIL
Market Lot: 26 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,86,11,442 Shares
Fresh Issue of 21,48,149 Shares @575/- = Rs.123.52Crs
Offer for Sale of 82,24,270 Shares @575/- = Rs.472.90Crs
Equity Shares outstanding after the Issue = 3,07,59,591 Shares

Category-wise Break up:
Anchor – 31,11,726 Shares = 178.92Crs
QIB – 20,74,484 Shares = 119.28Crs
NII – 15,55,863 Shares = 89.46Crs
RII – 36,30,346 Shares = 208.74Crs (Lot size: 26 = 1,39,629 Forms)
Total Issue – 1,03,72,419 Shares = 596.41Crs.

Subscription required for 1X
RII = 1,39,629 Forms
NII = 89.46 Crs


MTAR Technologies IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated February 22, 2021 (568 pages)

EPS for FY17-18 >>> Rs.01.92 (Page #109 of RHP)
EPS for FY18-19 >>> Rs.13.89 (Page #109 of RHP)
EPS for FY19-20 >>> Rs.11.11 (Page #109 of RHP)
EPS for 9M20-21 >>> Rs.10.48 (Page #109 of RHP)

RoNW for FY17-18 >>> 02.64% (Page #110 of RHP)
RoNW for FY18-19 >>> 16.68% (Page #110 of RHP)
RoNW for FY19-20 >>> 13.91% (Page #110 of RHP)
RoNW for 9M20-21 >>> 11.42% (Page #110 of RHP)

NAV as on December 31, 2020 was Rs.91.78 (Page #110 of RHP)

Listed Industry Peer Group (Page #110 of RHP): None


MTAR Technologies IPO – *Market’s Current Estimates of oversubscription*:

NII = 43K Crs. = ~480.65X
RII = 25L Forms = 17.90X Applic. wise (Avg allotment of ~1.45 shares per lot)

Interest cost *@7.00%p.a.* for 7days = *77.19paise for 1X*

Thus, for NII the costing = 480.65 X 77.19paise = Rs.371.02 per share (= GMP)

And, for RII the costing = 371.02 X 1.45 = Rs.539/- (= Kostak)


MTAR Technologies IPO – *GMP Estimated*
GMP 375 +/- 5
Kostak 545 +/- 10
Subject 2 @8,250/-

.


MTAR Technologies IPO – Schedule *(FINAL – Pg #457 of RHP)*

26th Feb – Announcement of Price Band
02nd Mar – Anchor Investors Allotment
03rd Mar – Offer Opens
05th Mar – Offer Closes
10th Mar – Finalisation of Basis of Allotment
12th Mar – Unblocking of ASBA Accounts
15th Mar – Credit of Equity Shares to Depository Accounts
16th Mar – Commencement of Trading


MTAR Technologies IPO – Issue Information *(FINAL)*

Issue Opens on: 03 March 2021
Issue Closes on: 05 March 2021
Issue Type: Book Built Issue IPO
Issue Size: 1,03,72,419 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.574 – Rs.575 Share
Discount: NIL
Market Lot: 26 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 2,86,11,442 Shares
Fresh Issue of 21,48,149 Shares @575/- = Rs.123.52Crs
Offer for Sale of 82,24,270 Shares @575/- = Rs.472.90Crs
Equity Shares outstanding after the Issue = 3,07,59,591 Shares

Category-wise Break up:
Anchor – 31,11,726 Shares = 178.92Crs
QIB – 20,74,484 Shares = 119.28Crs
NII – 15,55,863 Shares = 89.46Crs
RII – 36,30,346 Shares = 208.74Crs (Lot size: 26 = 1,39,629 Forms)
Total Issue – 1,03,72,419 Shares = 596.41Crs.

Subscription required for 1X
RII = 1,39,629 Forms
NII = 89.46 Crs


MTAR Technologies IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated February 22, 2021 (568 pages)

EPS for FY17-18 >>> Rs.01.92 (Page #109 of RHP)
EPS for FY18-19 >>> Rs.13.89 (Page #109 of RHP)
EPS for FY19-20 >>> Rs.11.11 (Page #109 of RHP)
EPS for 9M20-21 >>> Rs.10.48 (Page #109 of RHP)

RoNW for FY17-18 >>> 02.64% (Page #110 of RHP)
RoNW for FY18-19 >>> 16.68% (Page #110 of RHP)
RoNW for FY19-20 >>> 13.91% (Page #110 of RHP)
RoNW for 9M20-21 >>> 11.42% (Page #110 of RHP)

NAV as on December 31, 2020 was Rs.91.78 (Page #110 of RHP)

Listed Industry Peer Group (Page #110 of RHP): None

MTAR Technologies IPO – *Market’s Current Estimates of oversubscription*:

NII = 43K Crs. = ~480.65X
RII = 25L Forms = 17.90X Applic. wise (Avg allotment of ~1.45 shares per lot)

Interest cost *@7.00%p.a.* for 7days = *77.19paise for 1X*

Thus, for NII the costing = 480.65 X 77.19paise = Rs.371.02 per share (= GMP)

And, for RII the costing = 371.02 X 1.45 = Rs.539/- (= Kostak)


MTAR Technologies IPO – *GMP Estimated*
GMP 375 +/- 5
Kostak 545 +/- 10
Subject 2 @8,250/-

Behtareen 👍.

This will do Rossari. 2x listing.
Retail will be heavy subscription in this.

I think you are very positive on this counter. But remember secondary market is volatile and choppy.
More over a large number of IPO lined up in March 2021. But this IPO is the first one in march so it has first mover advantage of the month.

First day full subscribed