MTAR Technologies Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

MTAR Technologies Ltd IPO
Registered Office: 18 Technocrats Indl Estate,Balanagar , Hyderabad - 500037 , Telangana , India. Phone : 91-40-44553333/23078312 Fax:91-40-44553322/23078316 Email : shubham.bagadia@mtar.in Website : www.mtar.in
Initial Public Offering of 10,372,419 equity shares of face value of (Rs)10 each ("equity shares") of MTAR Technologies Limited ("The Company" or The "Issuer") for cash at a price of (Rs)575 per equity share (including a premium of (Rs)565 per equity share) ("Issue Price") aggregating up to (Rs)596 crores. The Offer comprises of a fresh issue of up to 2,148,149 equity shares aggregating to (Rs)123.52 crores ("fresh issue") and an offer for sale of up to 8,224,270 equity Shares aggregating to (Rs)472.90 crores, comprising to 450,000 equity shares by P. Leelavathi, 300,000 equity shares by Parvat Srinivas Reddy, up to 149,970 equity shares by P. Kalpana Reddy, up to 300,000 equity shares by Saranya Loka Reddy, up to 200,000 equity shares by C. Usha Reddy, up to 300,000 equity Shares by G. Kavitha Reddy, up to 125,000 equity shares by D. Anitha Reddy, up to 225,000 equity shares by K. Shalini and up to 300,000 equity shares by A. Manogna (collectively the "promoter selling shareholders") and up to 5,784,300 equity shares by Fabmohur Advisors LLP and up to 90,000 equity shares By P. Simhadri Reddy (collectively the "investor selling shareholders", and together with the promoter selling shareholders, the "Selling Shareholders") (The "offer for sale", and together with the fresh issue, the "offer"). The offer will constitute 33.72% of the post-offer paid-up equity Share capital. Offer Price (Rs)575 Per Equity Share of face value of (Rs)10 each. The Issue Price is 57.50 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
03-Mar-21	05-Mar-21	(Rs)575.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :26 Further Multiples of :26

(Rs Cr)

Lead Managers to the Issue

Project Cost

123.52

IIFL Securities Ltd

Project Financed through Current Offer

596.41

Post Issue Equity Share Capital

30.76

Issue Price

(Rs)575.00

Projects

Repayment / prepayment in full or in part, of borrowings availed by the company	General corporate purposes
Funding working capital requirements

Promoted By
Parvat Srinivas Reddy
P Leelavathi
D Anitha Reddy

Listing At
BSE
NSE

Registrar to the Issue

KFin Techologies Ltd