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March 3, 2021 - March 5, 2021

MTAR Technologies IPO Subscription Details

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 March 5, 2021 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions164.992,074,48434,22,73,02219,680.70
Non-Institutional Buyers650.791,555,8631,01,25,36,01858,220.82
Retail Investors28.403,630,34710,30,94,0825,927.91
Total 200.797,260,6941,45,79,03,12283,829.43

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

MTAR Technologies IPO (Day-wise) Subscription Details (times)

Day 1
March 3, 2021
Day 2
March 4, 2021
Day 3
March 5, 2021

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 (%)

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 above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

MTAR Technologies IPO Subscription FAQs

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

MTAR Technologies IPO Subscription

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

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

The MTAR Technologies IPO allotment status is expected on or around March 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 OnMarch 3, 2021
IPO Closes OnMarch 5, 2021
Finalisation of Basis of AllotmentMarch 10, 2021
Initiation of RefundsMarch 12, 2021
Credit of Shares to Demat AccountMarch 15, 2021
IPO Listing DateMarch 15, 2021


8. Sandym     Link|March 10, 2021 12:02:18 PM
Any inputs on when the allocation would start?
8.1. Akash Singroli     Link|March 10, 2021 11:30:12 PM

MTAR Allotment out just now.
Check at
7. Akash Singroli     Link|March 10, 2021 11:23:13 PM
MATR Allotment out just now.
Check at
6. RAJGURU     Link|March 6, 2021 2:17:50 PM
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     Link|March 10, 2021 5:09:59 PM
what is your problem ?
6.3. Nicks Jain     Link|March 10, 2021 6:18:30 PM
If u have any issues then u do with UPI.
5. SKGKOL     Link|March 5, 2021 9:58:18 AM
Can a retail investor apply in retail catogery and also in non institutional catogery or any one in both
5.1. Tawheed Wani     Link|March 7, 2021 7:48:14 PM
4. anil khatri     Link|March 5, 2021 4:25:27 PM
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     Link|March 5, 2021 4:09:59 PM
RII application submission count?
2. VMM.RAJKOT     Link|March 3, 2021 12:03:34 PM
What is GMP..?
2.1. Big B     Link|March 3, 2021 4:20:43 PM
Grey Market Premium
2.2. Aruljee     Link|March 5, 2021 10:00:20 AM
MTAR GMP 480 - 490 as on 05 Mar 2021
1. Aruljee     Link|March 5, 2021 9:58:45 AM
MTAR Tech Ltd

04-03-2021 GMP 480 - 490