MTAR Technologies IPO
| 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 |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background
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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