MTAR Technologies IPO

Snowflake IPO: A Rebound for the US Stock Market
Case Code: FINC184
Case Length: 10 Pages
Period: 1970-2021
Pub Date: 2021
Teaching Note: Available
Price: Rs.300
Organization: MTAR Technologies
Industry: Industrial Goods & Machinery
Countries: India
Themes: Investment Decisions Investment Philosophy
Snowflake IPO: A Rebound for the US Stock Market
Abstract Case Intro 1 Case Intro 2 Excerpts


Machine Tool Aids and Reconditioning Technologies Private Limited (MTAR) was established in the year 1970 by enthusiastic technocrats P.R. Reddy, K.S.N. Reddy, and P.J. Reddy as a partnership firm. They looked to meet the precision engineering requirements of the Government of India's strategic sector following the imposition of restrictions on imports. MTAR was known for its innovation in designing and manufacturing of mission critical precision components that were used in defense, aerospace, nuclear projects, etc..

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