MTAR Technologies IPO Review: ICICI Direct
MTAR Technologies brazing unit. (Image: Company website)

MTAR Technologies IPO Review: ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

MTAR Technologies, a precision engineering solutions company, was founded in 1970.

The company manufactures hi-precision indigenous components, subsystems and assemblies having components with close tolerances (5-10 micros).

Currently, the company has seven manufacturing units in Hyderabad with more than 400 machines, 891 permanent employees and 248 contractual workmen. At the helm of affairs is Promoter and Managing Director, Parvat Srinivas Reddy.

The company operates in three segments viz. nuclear, space and defence and clean energy and manufactures 14 products in the nuclear sector, six in space and defence and three in the clean energy sector.

Click on the attachment to read the full report:

ICICI Direct MTAR Tech IPOReview.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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