Tata Motors’ arm Tata Technologies IPO would be the first Tata Group IPO since 2004 when the TCS IPO hit the marketplace. As according to the present knowledge Tata Motors holds a 74.69% stake, Alpha TC Holdings Pte has a 7.26% stake, and Tata Capital Growth Fund I has a three.63% stake in Tata Technologies.
Tata Technologies Limited is a Tata Group of businesses that gives products and services in engineering and design, product lifecycle control, production, product building, and IT provider control. They cater to the industries like car, and aerospace authentic apparatus producers and their providers. They are lively in North America, Europe, the Middle East, and the Asia Pacific.
Tata Technologies is the fifteenth biggest IT corporate within the Fortune India Infotech Industry score. They perform from 25 nations with a body of workers of greater than 11000 staff, and round 4000 pros international. The corporate is headquartered in Pune, and regionals are headquartered in the US. Tata Technologies is part of the Tata Group, which has been identified as probably the most treasured emblem in India by way of Brand Finance, a number one world emblem valuation company (Source: Brand Finance India 100 2022 record). As a subsidiary of Tata Motors Limited (“TML”), they have the benefit of long-term relationships with each TML and JLR. The long-standing engagements with TML and JLR (jointly, their “Anchor Clients”) have enabled the incubation of abilities and features that has assisted us in pursuing alternatives outdoor of the Tata Group.
Tata Technologies unlisted stocks is buying and selling within the vary of ₹800 to ₹900 face worth of ₹2.
Objects of the Issue
- Utilization of the Offer proceeds by way of Selling Shareholders
- Offer Expenses
Tata Technologies Eligibility date for Share Holders Quota:
Tata Technologies Eligibility date for Share Holders Quota is November 13, 2023. If the percentage holder holds Tata Motors inventory as of November 13, 2023, of their demat account, they are going to in a position to seem within the shareholder quota within the Tata Technologies IPO.
Tata Technologies IPO Review (Apply or Not)
Brokerage Firm IPO Review
- Capital Market: To be up to date quickly
- Religare Broking: To be up to date quickly
- Hem Securities: To be up to date quickly
- Arihant Capital: To be up to date quickly
Tata Technologies IPO Date & Price Band Details
| IPO Open: | November 22, 2023 |
| IPO Close: | November 24, 2023 |
| IPO Size: | Approx 95,708,984 Equity Shares |
| Offer for Sale: | Approx 95,708,984 Equity Shares |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Shareholders Quote: | 10% |
| Eligibility date for SH Quota: | November 13, 2023 |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Tata Technologies IPO Market Lot
The Tata Technologies IPO minimal marketplace lot is [.] stocks with ₹[.] utility quantity. The retail buyers can practice up-to 13 loads with [.] stocks or ₹[.] quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Tata Technologies IPO Allotment & Listing Dates
The Tata Technologies IPO date is November 22 and the shut date is November 24. The Tata Technologies IPO allotment shall be finalized on 2023 and the IPO list on 2023.
| Anchor Investors Allotment: | November 21, 2023 |
| IPO Open Date: | November 22, 2023 |
| IPO Close Date: | November 24, 2023 |
| Basis of Allotment: | November 30, 2023 |
| Refunds: | December 1, 2023 |
| Credit to Demat Account: | December 4, 2023 |
| Tata Technologies IPO Listing Date: | December 5, 2023 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
Tata Technologies IPO Form
How to use for the Tata Technologies IPO? You can practice for Tata Technologies IPO by means of ASBA to be had on your checking account. Just cross to the web financial institution login and practice by means of your checking account by way of settling on the Tata Technologies IPO within the Invest phase. The different possibility is you’ll practice for Tata Technologies IPO by means of IPO bureaucracy downloaded by means of NSE and BSE. Check out the Tata Technologies bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and publish on your financial institution or together with your dealer.
Tata Technologies Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹2426 | ₹2105 | ₹239 |
| 2022 | ₹3578 | ₹2992 | ₹437 |
| 2023 | ₹4502 | ₹3706 | ₹624 |
| 2024 6M | ₹2587 | ₹2121 | ₹352 |
Tata Technologies IPO Valuation – FY2023
Check Tata Technologies IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹15.38 according to Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 20.87% |
| Net Asset Value (NAV): | ₹73.68 according to Equity Share |
Peer Group
- KPIT Technologies Limited
- L&T Technology Services Limited
- Tata Elxsi Limited
Tata Technologies IPO Registrar
Link Intime India Private Limited
C 101, 1st Floor, 247 Park,
L.B.S Marg Vikhroli West, Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Electronic mail: [email protected]
Website: www.linkintime.co.in
Tata Technologies IPO Allotment Status Check
Check Tata Technologies IPO allotment standing on Linkintime web site allotment URL. Click Here
Tata Technologies IPO Lead Managers
- JM Financial Ltd
- BofA Securities
- Citigroup Global Markets India Pvt Ltd
Company Address
Tata Technologies Limited
Plot No. 25, Rajiv Gandhi Infotech Park,
Hinjawadi, Pune 411 057,
Maharashtra, India
Telephone: +91 20 6652 9090
Contact Person: Vikrant Gandhe
Company Secretary and Compliance Officer
Electronic mail: [email protected]
Website: www.tatatechnologies.com
Tata Technologies IPO FAQs
What is Tata Technologies IPO?
When Tata Technologies IPO will open?
What is Tata Technologies IPO Investors Portion?
How to Apply the Tata Technologies IPO?
How to Apply the Tata Technologies IPO via Zerodha?
How to Apply the Tata Technologies IPO via Upstox?
How to Apply the Tata Technologies IPO via Paytm Money?
What is Tata Technologies IPO Size?
What is Tata Technologies IPO Price Band?
What is Tata Technologies IPO Minimum and Maximum Lot Size?
What is the Tata Technologies IPO Allotment Date?
Tata Technologies IPO allotment date is November 30, 2023.
What is the Tata Technologies IPO Listing Date?
Tata Technologies IPO list date is December 5, 2023. The IPO is to record on BSE and NSE.
Note: The Tata Technologies IPO value band and date are formally introduced. The IPO gray marketplace top rate (Tata Technologies IPO Premium) shall be added to the IPO gray marketplace web page as it is going to get started).
Follow for the Upcoming IPO news and their critiques, additionally stay following us on Twitter, Facebook, and Instagram. For our newest movies, subscribe to our YouTube channel.
– Source : IPOWATCH