MTAR Technologies Limited is a Hyderabad based precision providing various engineering solutions to the company by raising the capital up to ₹600 – ₹650 crore. The company is indulged in the manufacturing and development of the mission critical precision components with the close tolerances and the critical assemblies that caters to the nuclear, space, defence and the clear energy sectors. The company has the machining, assembly, specialized fabrication, painting and special processes facilities available under one roof, which are probably considered as one of the best facilities available in India, as well as in Asia.
The key product portfolio of the company includes critical assemblies such as Liquid propulsion engines to GSLV Mark III, Base Shroud Assembly & Airframes for Agni programs, Actuators for LCA, power units for fuel cells, Fuel machining head, Bridge & Column, Thimble Package, Drive Mechanisms etc. to the core of the nuclear reactor. Over the years, we have also developed import substitutes such as ball screws and water lubricated bearings that are highly specialized and premium products in Nuclear, Space and Defence.
MTAR Technologies Limited is operating out of the 7 manufacturing facilities that includes an export-oriented unit situated in Hyderabad, Telangana and servicing the defence, aerospace and the energy sectors that has a healthy mix of developmental and the volume-based production.
Competitive strengths
- Wide range of product portfolio.
- 7 Modern technology manufacturing units.
- Diversified supplier base.
- Strong financial track record.
- Experienced and qualified management.
Objectives of the issue:
- For general corporate purposes.
- To fulfil the company’s working capital requirement.
- For payment and re-payment of the borrowings made by company.
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