What is the grey market premium for MTAR?

What is the grey market premium for MTAR?

The grey market is super-excited on Paras Defence IPO. While the company has fixed the IPO price band at Rs 165-175 apiece, the shares traded at a hefty premium of Rs 195-200, or 120 per cent, in the unofficial market.

What will be MTAR listing price?

MTAR Technologies IPO Listing Date

Listing Date Monday, March 15, 2021
Listing In B Group of Securities
ISIN INE864I01014
IPO Price ₹575 per equity share
Face Value ₹10 per equity share

Should I sell MTAR IPO?

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“Overall MTAR is overpriced at an FY20 P/E of 57.5 times. But it has been commanding a good grey market premium, indicating the offer will sail through. Keeping the risks in mind, we recommend to SUBSCRIBE to this IPO for listing gains only,” she said.

What is the listing date of Mtar IPO?

MTAR Technologies IPO listing date today: MTAR IPO listing date was rescheduled and, instead of 16th March, 2021, it has listed on 15th March 2020, which is today. And the decision worked well for the defense sector company as it got listed at both NSE and BSE at over 85 per cent premium.

What is Mtar IPO?

The IPO, shares under which were offered from March 3 to March 5 in the price band of Rs 574-575, had attracted a whopping 201 times subscription. The unlisted scrip enjoyed a grey market premium of Rs 485-490 last week.

Should I buy Mtar technologies?

It has a wide product portfolio along with a marquee customer base and robust order book which gives strong revenue visibility going forward. Hence, we recommend investors to Subscribe the issue for short and long term.

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Should I buy MTAR Technologies?

What is MTAR Technologies IPO grey market premium and Kostak rate?

– IPO Grey Market Premium (MTAR Technologies IPO GMP) mention is valid for the specific date as mentioned in the header. – We are not buying and selling IPO forms on IPO Grey Market. – Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.

What is the price of MTAR Technologies IPO subject to Sauda?

MTAR Technologies IPO Subject to Sauda is ₹11000 as on today. – IPO Grey Market Premium (MTAR Technologies IPO GMP) mention is valid for the specific date as mentioned in the header. – We are not buying and selling IPO forms on IPO Grey Market.

What is the current rate of mtmtar Technologies IPO GMP?

MTAR Technologies IPO GMP Rates day by day with Kotak rates. Grey market premium as on today is ₹490-500, Kostak ₹N/A & Subject to Sauda is ₹11000 Grey market premium as on 14-03-2021 is ₹510-520, Kostak ₹600 & Subject to Sauda is ₹10000 Grey market premium as on 13-03-2021 is ₹510-520, Kostak ₹600 & Subject to Sauda is ₹10000

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How much did MTAR Technologies raise from Anchor investors?

The company earlier raised Rs 179 crore from anchor investors. In the grey market, MTAR Technologies’ shares are trading at a premium of Rs 450 per share. This implies a listing price of Rs 1,025 as compared to the issue price of Rs 575 per share.