ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

MTAR Technologies IPO Subscription Details

Bookbuilding IPO | ₹596 Cr | Listed at BSE, NSE | Wed, Mar 3, 2021 - Fri, Mar 5, 2021

Basis of Allotment - MTAR Technologies IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)20,74,48431,11,72551,86,20915,55,86336,30,3471,03,72,419
Allotment price (Rs.)575575575575575575
No.of applications193442378,04325,87,26425,95,544
No.of shares applied34,25,02,91431,11,73234,56,14,6461,00,11,43,8069,18,49,0041,43,86,07,456
Amount collected (Rs.cr.)19,693.92 178.92 19,872.84 57,565.77 5,281.32 82,719.93
No.of times subscribed165.101.0066.64643.4725.30138.70
No.of shares allotted20,74,48431,11,72551,86,20915,55,86336,30,3471,03,72,419
Amount (Rs.cr.)119.28 178.92 298.21 89.46 208.74 596.41
No.of allottees193442372,0991,39,6281,41,964

IPO Shares Offered

MTAR Technologies IPO is a public issue of 1.04 Cr equity shares. The issue offers 0.36 Cr shares to retail investors, 0.52 Cr shares to qualified institutional buyers, and 0.16 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 51,86,209298.21 50.00%
    Anchor 31,11,725 178.92 30.00%
    QIB (Ex Anchor) 20,74,484 119.28 20.00%
NII 15,55,86389.46 15.00%
Retail36,30,347208.74 35.00%
Total1,03,72,419596.41 100%

MTAR Technologies IPO Anchor Investor Allocation

A total of 31,11,725 shares at a price of Rs 575 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 02, 2021
Anchor investor price₹575.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days15,55,863
No. of shares locked-in for 90 days15,55,863

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 86,944 5.00 2.79 0.84
2 NIPPON INDIA GROWTH MID CAP FUND NIPPON INDIA MUTUAL FUND 66,118 3.80 2.12 0.64
3 NIPPON INDIA CAPITAL BUILDER FUND IV-SERIES B NIPPON INDIA MUTUAL FUND 20,852 1.20 0.67 0.20
4 FRANKLIN INDIA FLEXI CAP FUND FRANKLIN TEMPLETON MUTUAL FUND 86,970 5.00 2.79 0.84
5 FRANKLIN INDIA SMALLER COMPANIES FUND FRANKLIN TEMPLETON MUTUAL FUND 86,944 5.00 2.79 0.84
6 GOLDMAN SACHS INDIA LTD. GOLDMAN SACHS 1,73,914 10.00 5.59 1.68
7 SUNDARAM SELECT MICRO CAP-SERIES XIV SUNDARAM MUTUAL FUND 17,680 1.02 0.57 0.17
8 SUNDARAM SELECT MICRO CAP-SERIES XV SUNDARAM MUTUAL FUND 19,890 1.14 0.64 0.19
9 SUNDARAM SELECT MICRO CAP-SERIES XVI SUNDARAM MUTUAL FUND 13,130 0.75 0.42 0.13
10 SUNDARAM SELECT MICRO CAP-SERIES XVII SUNDARAM MUTUAL FUND 10,920 0.63 0.35 0.11
11 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES III SUNDARAM MUTUAL FUND 9,100 0.52 0.29 0.09
12 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES IV SUNDARAM MUTUAL FUND 5,330 0.31 0.17 0.05
13 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES V SUNDARAM MUTUAL FUND 5,460 0.31 0.18 0.05
14 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES VI SUNDARAM MUTUAL FUND 5,460 0.31 0.18 0.05
15 SUNDARAM SMALL CAP FUND SUNDARAM MUTUAL FUND 86,944 5.00 2.79 0.84
16 INVESCO INDIA ELSS TAX SAVER FUND INVESCO MUTUAL FUND 42,614 2.45 1.37 0.41
17 INVESCO INDIA MULTICAP FUND INVESCO MUTUAL FUND 33,722 1.94 1.08 0.33
18 INVESCO INDIA MIDCAP FUND INVESCO MUTUAL FUND 39,130 2.25 1.26 0.38
19 INVESCO INDIA LARGECAP FUND INVESCO MUTUAL FUND 8,476 0.49 0.27 0.08
20 INVESCO INDIA SMALLCAP FUND INVESCO MUTUAL FUND 49,972 2.87 1.61 0.48
21 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 1,73,914 10.00 5.59 1.68
22 AXIS SMALL CAP FUND AXIS MUTUAL FUND 3,39,014 19.49 10.89 3.27
23 AXIS MULTI ASSET ALLOCATION FUND AXIS MUTUAL FUND 86,398 4.97 2.78 0.83
24 JUPITER SOUTH ASIA INVESTMENT CO.LTD.-SOUTH ASIA ACCESS FUND JUPITER 1,73,914 10.00 5.59 1.68
25 NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND NOMURA 1,73,914 10.00 5.59 1.68
26 ASHOKA INDIA OPPORTUNITIES FUND ASHOKA 1,73,914 10.00 5.59 1.68
27 ADITYA BIRLA SUN LIFE RESURGENT INDIA FUND-SERIES 6 ADITYA BIRLA SUN LIFE MUTUAL FUND 86,944 5.00 2.79 0.84
28 ADITYA BIRLA SUN LIFE RESURGENT INDIA FUND-SERIES 7 ADITYA BIRLA SUN LIFE MUTUAL FUND 86,970 5.00 2.79 0.84
29 HDFC FOCUSED FUND HDFC MUTUAL FUND 86,944 5.00 2.79 0.84
30 HDFC RETIREMENT SAVINGS FUND-HYBRID DEBT PLAN HDFC MUTUAL FUND 4,836 0.28 0.16 0.05
31 HDFC MULTI-ASSET FUND HDFC MUTUAL FUND 24,154 1.39 0.78 0.23
32 HDFC INFRASTRUCTURE FUND HDFC MUTUAL FUND 57,980 3.33 1.86 0.56
33 ICICI PRUDENTIAL MIDCAP FUND ICICI PRUDENTIAL MUTUAL FUND 86,970 5.00 2.79 0.84
34 ICICI PRUDENTIAL SMALLCAP FUND ICICI PRUDENTIAL MUTUAL FUND 86,944 5.00 2.79 0.84
35 KOTAK SMALL CAP FUND KOTAK MAHINDRA MUTUAL FUND 1,21,758 7.00 3.91 1.17
36 KOTAK ESG EXCLUSIONARY STRATEGY FUND KOTAK MAHINDRA MUTUAL FUND 52,156 3.00 1.68 0.50
37 SBI CONTRA FUND SBI MUTUAL FUND 1,04,338 6.00 3.35 1.01
38 SBI MNC FUND SBI MUTUAL FUND 1,04,338 6.00 3.35 1.01
39 SBI MAGNUM CHILDREN'S BENEFIT FUND-INVESTMENT PLAN SBI MUTUAL FUND 86,944 5.00 2.79 0.84
40 SBI MAGNUM CHILDREN'S BENEFIT FUND SBI MUTUAL FUND 17,394 1.00 0.56 0.17
41 SBI INFRASTRUCTURE FUND SBI MUTUAL FUND 43,472 2.50 1.40 0.42
42 SBI LONG TERM ADVANTAGE FUND-SERIES I SBI MUTUAL FUND 20,878 1.20 0.67 0.20
43 SBI LONG TERM ADVANTAGE FUND-SERIES II SBI MUTUAL FUND 16,763 0.96 0.54 0.16
44 SBI LONG TERM ADVANTAGE FUND-SERIES III SBI MUTUAL FUND 31,304 1.80 1.01 0.30
31,11,725178.9210030.00

IPO Subscription FAQs

The MTAR Technologies IPO is subscribed 200.7939 times by Mar 05, 2021 05:00.

MTAR Technologies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional164.9919
Non Institutional650.7874
Retail Individual28.3979
Total Subscription200.7939

Retail category of MTAR Technologies IPO subscribed 28.3979 times as of date Mar 05, 2021 05:00. The public issue closes on Fri, 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 200.7939 times by Mar 05, 2021 05:00.

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

The MTAR Technologies IPO listing date is March 15, 2021. The equity share of MTAR Technologies IPO 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 OnWednesday, March 3, 2021
IPO Closes OnFriday, March 5, 2021
Finalisation of Basis of AllotmentWednesday, March 10, 2021
Initiation of RefundsFriday, March 12, 2021
Credit of Shares to Demat AccountMonday, March 15, 2021
IPO Listing DateMonday, March 15, 2021

Read more about MTAR Technologies IPO

IPO Details
IPO Recommendations
IPO Live Subscription
IPO Live News
IPO Allotment Status
IPO Basis of Allotment Document
IPO FAQs

Useful Articles

IPO Funding in India (IPO Loan Process) Explained
UPI for IPO Application (Unified Payments Interface for IPO)
IPO Bidding Time Limit on Last day (IPO Closing Day)
IPO and Grey Market Premium in India
HNI IPO Application Guide (NII Allotment Rules, Benefits & Funding)
IPO Application Cancellation Process, Charges, Rules - Explained
Open an Instant Account with Zerodha