MTAR Technologies IPO will enter the market on March 3 and close on March 5, 2021. IMTAR IPO GMP is on the rise. The numbers look very promising for the IPO. This company has good customers. They are the leader in the engineering industry with precision. The gray market looks good and the market will play an important role. We would expect a good listing on the cards. Check out the MTAR Technologies IPO gray market premium, Kostak rates, and are bound to sauda rates from today.
MTAR Technologies IPO GMP Rates
- Grey market premium as on today is ₹500-510, Kostak ₹N/A & Subject to Sauda is ₹11000
- Grey market premium as on 10-03-2021 is ₹510-520, Kostak ₹600 & Subject to Sauda is ₹10000
- Grey market premium as on 09-03-2021 is ₹510-520, Kostak ₹600 & Subject to Sauda is ₹10000
- Grey market premium as on 08-03-2021 is ₹490-500, Kostak ₹600 & Subject to Sauda is ₹10000
- Grey market premium as on 07-03-2021 is ₹480-490, Kostak ₹500 & Subject to Sauda is ₹8000
- Grey market premium as on 06-03-2021 is ₹480-490, Kostak ₹500 & Subject to Sauda is ₹8000
- Grey market premium as on 05-03-2021 is ₹480-490, Kostak ₹500 & Subject to Sauda is ₹8000
- Grey market premium as on 04-03-2021 is ₹460-470, Kostak ₹500 & Subject to Sauda is ₹8000
- Grey market premium as on 03-03-2021 is ₹430-440, Kostak ₹600 & Subject to Sauda is ₹8500
- Grey market premium as on 02-03-2021 is ₹400-410, Kostak ₹500 & Subject to Sauda is ₹8000
- Grey market premium as on 01-03-2021 is ₹340-350, Kostak ₹500 & Subject to Sauda is ₹N/A
- Grey market premium as on 28-02-2021 is ₹170-180, Kostak ₹250 & Subject to Sauda is ₹N/A
- Grey market premium as on 27-02-2021 is ₹170-180, Kostak ₹250 & Subject to Sauda is ₹N/A
- Grey market premium as on 26-02-2021 is ₹170-180, Kostak ₹250 & Subject to Sauda is ₹N/A
- Grey market premium as on 25-02-2021 is ₹120-130, Kostak ₹250 & Subject to Sauda is ₹N/A
- Grey market premium as on 24-02-2021 is ₹100-110, Kostak ₹N/A & Subject to Sauda is ₹N/A
- Grey market premium as on 23-02-2021 is ₹100-110, Kostak ₹N/A & Subject to Sauda is ₹N/A
MTAR Technologies IPO Date & Price Band
| IPO Open | 03 March 2021 |
| IPO Close | 05 March 2021 |
| IPO Size | Approx ₹596 Crore |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹574 to ₹575 Per Share |
| Listing on | BSE & NSE |
| Retail Portion | 35% |
| Equity | 10,372,419 Shares |
MTAR Technologies IPO Lot Size and Price (Retail)
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 26 | ₹14,950 |
| Maximum | 13 | 338 | ₹1,94,350 |
MTAR Technologies IPO – Schedule
| Bid/Offer Opens On | 03 MAR 2021 |
| Bid/Offer Closes On | 05 MAR 2021 |
| Finalisation of Basis of Allotment | 10 DEC 2021 |
| Initiation of Refunds | 12 DEC 2021 |
| Credit of Shares to Demat Account | 15 DEC 2021 |
| IPO Shares Listing Date | 16 DEC 2021 |
Disclaimer
- Mention of IPO Gray Market Premium (MTAR Technologies IPO GMP) is valid for a specific date as mentioned in the article.
- We do not buy or sell IPO forms in the IPO Gray Market.
- Kostak Rate is the premium for selling its IPO program (in a non-marketable transaction) to another person even before the allocation or listing of that issue.
- Do not register for an IPO just by seeing the premium price as it can change at any time before listing. Subscribe only to the company’s Basic considerations.
MTAR Technologies IPO GMP FAQs
| What is Gray Market and Gray Market Premium? | |
| The gray market, also known as the same market, is one where the trade in goods takes place outside the area of the manufacturer’s official trading channels. A typical example of a gray market is a small business that sells a company’s assets even though they are not authorized sellers in the market. But it is important to know that small businesses do this by legal entities. In contrast, the black market operates on goods that are normally smuggled into the country to avoid paying import duties and other costs. As the stock is bought and sold on the stock market (like any other market), the same market is also here. |
| What is the IPO gray market? | |
| The IPO gray market is another area where company shares are held and illegally issued by traders. This happened before the shares were issued by the company in the Initial Public Offering (IPO). Since this is an illegal market, there are no rules and regulations. Market regulators such as the Securities and Exchange Board of India (SEBI) do not participate in these transactions. The controller also does not agree with this. Gray markets are usually run by a few people. All deals are based on trust. |
| What Is Gray Market Premium? | |
| The premium in the gray market is nothing but the price at which the shares are sold in the gray market. For example, suppose that the price of a stock X is Rs 200. If the gray market premium is Rs 400, it means that people are willing to buy shares of company X for Rs 600; (i.e. 200 + 400). This is how the general agreement works in the gray market. Let’s take another example. Ashwin is a trader in the stock market. You are given 500 shares at a certain price for the next IPO. At the moment there are some investors, called ‘buyers’, who think the share price is much higher than its issuance price. These buyers are willing to pay ‘premium’ on gray market shares. Traders in the gray market are in contact with investors like Ashwin, who are called ‘traders’. They decided to enter into a stock exchange agreement at a higher price (premium) higher than the issuance price. If Ashwin likes this deal and is not willing to risk it on the stock list, he sells his shares and books for a profit. |
