MTAR Technologies IPO Subscription Status
MTAR Technologies IPO was subscribed 200.79 times when bidding closed on 5 Mar 2021: QIB 164.99x, NII 650.79x, Retail 28.4x.
The MTAR Technologies IPO has been subscribed 200.79x times overall. Retail investors have shown interest with bids for 28.4x the shares available. The Non-Institutional Investor (NII) category has been subscribed 650.79x. Qualified Institutional Buyers (QIBs) have subscribed 164.99x. Data last updated on 10 Nov, 07:18 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 03 Mar, 2021 and closes on 05 Mar, 2021. The shares are expected to list on stock exchanges on 15 Mar, 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 164.99x |
| NII | - of - - | 650.79x |
| Retail | - of - - | 28.4x |
| TOTAL | - - | 200.79x |
MTAR Technologies IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 29 applicants will be successful.
Market Sentiment
Strong grey market premium of 87% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 164.99x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
05 Mar 2021
Day 3 |
200.79x | ▼ | |
|
QIB164.99x
BHNI-
SHNI-
Retail28.4x
|
|||
|
04 Mar 2021
Day 2 |
10.26x | ▼ | |
|
QIB0.96x
BHNI-
SHNI-
Retail16.54x
|
|||
|
03 Mar 2021
Day 1 |
3.68x | ▼ | |
|
QIB-
BHNI-
SHNI-
Retail6.93x
|
|||
MTAR Technologies IPO dates
From the bidding window to listing. Today is 10 November.
- Open 03 Mar 2021
- Close 05 Mar 2021
- Allotment 10 Mar 2021
- Refund/credit 12 Mar 2021
- Listing 15 Mar 2021
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of MTAR Technologies IPO?
As of IPO close date (05 Mar, 2021), the MTAR Technologies IPO is subscribed 200.79x times. Retail category is 28.4x, and NII is 650.79x subscribed.
When is the allotment date for MTAR Technologies IPO?
The allotment for MTAR Technologies IPO is expected to be finalized on 10 March, 2021.
What is the GMP of MTAR Technologies?
The Grey Market Premium (GMP) for MTAR Technologies is currently ₹500, indicating a potential listing gain of 87%.
When will MTAR Technologies IPO list on the stock market?
MTAR Technologies is scheduled to list on BSE and NSE on 15 March, 2021.
What are the chances of getting allotment in MTAR Technologies IPO?
The retail category is oversubscribed at 28.4x, meaning allotment is by lottery. Statistically, approximately 1 in 29 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 164.99x mean for MTAR Technologies IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 164.99x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check MTAR Technologies IPO allotment status?
After the allotment date (10 Mar, 2021), you can check your MTAR Technologies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore MTAR Technologies IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
