In the year 2021, there will be huge revenue opportunities from IPO. In fact, 8 companies have launched IPOs in the last two months. The first IPO will start tomorrow in March. The IPO of MTAR Technologies has opened today for public i.e March 3 and will close on March 5. So investing in it may be rewarding. (make money mtar technologies ipo will open on march 3 gray market premium soars)
According to media reports, 10 to 16 companies may launch IPOs in March. . In the last few years, investors have made money in everything except a few IPOs. Most importantly, last year’s IPO saw a hefty return.
As a result, investors are now awaiting the IPO of MTAR Technologies. The Hyderabad-based tech company will raise Rs 596 crore through an IPO. The company fixed the IPO price band at Rs 574-575. This will require the investor to apply for at least 26 shares. The lot size will be 26 shares.
According to financial experts, a large list of MTAR Technologies IPO’s are to be released in the near future. The IPO is getting a bumper premium on the gray market. MTAR Technologies’ IPO is trading at a 75 per cent premium in the gray market. That means unlisted shares in the gray market are trading at Rs 1,005 above the issue price of Rs 430.
In fact, the way in which steps are being taken in the country for a self-reliant India will benefit companies like MTAR Technologies. (make money mtar ipo opens today gray market premium soars)
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