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MTAR Technologies IPO Subscription Details (Live Status)

MTAR Technologies IPO Details

IPO Open Mar 3, 2021
IPO Close Mar 5, 2021
IPO Price ₹575
Face Value ₹10
IPO Size ₹596.41 Cr
Listing At BSE, NSE
Lot Size 26
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MTAR Technologies IPO Subscription Status Live

MTAR Technologies IPO subscribed 200.79 times. The public issue subscribed 28.40 times in the retail category, 164.99 times in QIB, and 650.79 times in the NII category by Mar 5, 2021.

Investor CategorySubscription (times)
Qualified Institutions164.99
Non-Institutional Buyers650.79
Retail Investors28.40
Employees[.]
Others[.]
Total200.79

MTAR Technologies IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Mar 3, 2021
0.001.026.933.68
Day 2
Mar 4, 2021
0.968.0416.5510.27
Day 3
Mar 5, 2021
164.99650.7928.40200.79

MTAR Technologies IPO Shares Offered

MTAR Technologies IPO is a public issue of 7,260,694 equity shares. The issue offers 3,630,347 shares to retail investors, 2,074,484 shares to qualified institutional buyers, and 1,555,863 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB2,074,484119.2828.57%
NII1,555,86389.4621.43%
Retail3,630,347208.7450.00%
Total7,260,694417.49100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

MTAR Technologies IPO Subscription FAQs

The MTAR Technologies IPO is subscribed 200.79 by Mar 5, 2021.

MTAR Technologies IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional164.99
Non Institutional650.79
Retail Individual28.40
Employee Reservations[.]
Others[.]
Total Subscription200.79

Retail category of MTAR Technologies IPO subscribed 28.40 times as of date Mar 5, 2021. The public issue closes on Mar 5, 2021 for bidding.

An investor can apply in MTAR Technologies IPO online via bank (using ASBA) or the broker (using UPI). The MTAR Technologies IPO shares are offered online only.

The MTAR Technologies IPO is subscribed 200.79 by Mar 5, 2021.

The MTAR Technologies IPO allotment status is expected on or around Mar 10, 2021. Visit MTAR Technologies IPO allotment status to check.

The MTAR Technologies IPO listing date is Monday, March 15, 2021. The equity share of MTAR Technologies Limited will list on BSE, NSE.

Visit MTAR Technologies IPO subscription status page for real-time bidding information about MTAR Technologies IPO.

MTAR Technologies IPO Timetable

IPO Opens OnMar 3, 2021
IPO Closes OnMar 5, 2021
Finalisation of Basis of AllotmentMar 10, 2021
Initiation of RefundsMar 12, 2021
Credit of Shares to Demat AccountMar 15, 2021
IPO Listing DateMar 15, 2021

8 Comments

8. Sandym  
Any inputs on when the allocation would start?
8.1. Akash Singroli  

MTAR Allotment out just now.
Check at
https://kcas.kfintech.com/ipostatus/
7. Akash Singroli  
MATR Allotment out just now.
Check at
https://kcas.kfintech.com/ipostatus/
6. RAJGURU  
why dont sebi stop thir party asba. they have taken out the rule but not following. people having multiple demat and bank account are getting allotment...
6.2. Bhargav K  
what is your problem ?
6.3. Nicks Jain  
If u have any issues then u do with UPI.
LET OTHER USE ASBA PLS
5. SKGKOL  
Can a retail investor apply in retail catogery and also in non institutional catogery or any one in both
5.1. Tawheed Wani  
No....
4. anil khatri  
by mistake i decline my auto pay request in phone pe app of MTAR IPO.... now how i get auto pay request again after market close ? please reply me....
3. Jay Vaan  
RII application submission count?
2. VMM.RAJKOT  
What is GMP..?
2.1. Big B  
Grey Market Premium
2.2. Aruljee  
MTAR GMP 480 - 490 as on 05 Mar 2021
1. Aruljee  
MTAR Tech Ltd

04-03-2021 GMP 480 - 490