New IPO alert: MTAR Technologies IPO

Dear Investor,

Machine Tools Aids and Reconditioning (MTAR) Technologies, is a precision engineering company that serves customers in the clean energy, nuclear, and space, and defense sectors and it is launching its IPO from 3rd to 5th March 2021.

You can apply for this IPO on the Upstox platform by clicking here - Invest in IPO

Here’s more information on MTAR Technologies to make an informed decision: Founded in 1970, MTAR has seven manufacturing facilities, each of which is situated in Hyderabad, Telangana. It counts US-based alternative energy company Bloom Energy as one of its key clients. Meanwhile, it is a supplier of mission-critical components to the Nuclear Power Corporation of India Limited (NPCIL), Indian Space Research Organisation (“ISRO”), and the Defence Research and Development Organisation (“DRDO”) for over three decades. Other notable clients include Hindustan Aeronautics Limited, Rafael, and Bharat Dynamics.

Price band: ₹574-575

Lot size: 26 shares

Cost per lot: ₹14,950

Issue date: 3 - 5 March 2021

Allotment date: 10 March 2021

You can learn how to apply for an IPO by clicking here.

Happy Investing,

Team Stock Alphabets