Should you buy Mtar on listing?

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Should you buy Mtar on listing?

“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 can be the listing price of Mtar?

MTAR Technologies IPO listing: The MTAR Technologies scrip got listed at Rs 1,063.90 apiece on the BSE, thereby registering a rise of 85.03 per cent from its offer price of Rs 575.

How do you list a gain in an IPO?

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Either the shares of the company open or start getting traded at a price higher than the allotment price, or they trade lower than it. The difference between the opening price of the stock and the allotment price in the former scenario (where listing price is higher than allotment price), is called the listing gain.

What is the lot size of Mtar IPO?

26 Shares
MTAR Technologies IPO lot size is 26 Shares and the minimum order quantity is 26 Shares.

Is Mtar IPO good for long term?

The Market Guru said that investors should put money in MTAR Technologies IPO for big listing gains. Critically, not just listing gains, it is also recommended with a long term view by Anil Singhvi.

What is GREY market premium of Mtar 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.

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What is grey market premium of Mtar IPO?

How do I sell on listing day?

First, you choose the option of the “sell” order. Then you have to set some parameters such as the price at which you wish to sell once the IPO gets listed. Next, if the listing price is equal to or more than the expected sell price then your order will get executed, otherwise, the order gets canceled.

Is Mtar allotment done?

MTAR Technologies IPO allotment status is expected on Mar 10, 2021.

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.

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