Tata Technologies IPO Details ( Tata Technologies Limited IPO Review )
(22 Nov 2023 – 24 Nov 2023)
Tata Technologies Limited, established in 1994, is a top-notch global engineering services company. They specialize in developing products and digital solutions, providing complete packages to big international companies that make original products and their main suppliers.
Tata Technologies aims to add value for their customers by helping them create products that are safer, cleaner, and enhance the quality of life for end users.
Thanks to their in-depth knowledge of the automotive industry, they’ve become highly skilled in serving clients in related fields like aerospace, transportation, and heavy construction machinery.
Tata Technologies operates worldwide, bringing together diverse teams with different skills from various parts of the world. They collaborate in real-time to solve intricate engineering problems.
Tata Technologies Limited Company Services
Tata Technologies Limited IPO Competitive Strength
- Deep expertise in the automotive industry
- Differentiated capabilities in new age automotive trends – electric vehicles (“EVs”), connected and autonomous
- Strong digital capabilities bolstered by proprietary accelerators
- Marquee set of clients across anchor accounts, traditional OEMs and new energy vehicle companies
- Global delivery model enabling intimate client engagement and scalability
- Proprietary e-learning platform leveraging our manufacturing domain knowledge to tap into the large upskilling and reskilling market
- Well-recognized brand with experienced Promoter, board of directors and management team
Tata Technologies IPO Financials Performance ( Results )
Tata Technologies Limited Financial Information (Restated Consolidated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 3,572.74 | 2,425.74 | 239.17 | 5.89 | 2,142.15 | 52.79 | 1,897.46 | |
| 31-Mar-22 | 4,218.00 | 3,578.38 | 436.99 | 10.77 | 2,280.16 | 56.19 | 2,028.93 | |
| 31-Mar-23 | 5,201.49 | 3,578.38 | 624.04 | 15.37 | 2,989.47 | 73.65 | 2,605.60 | |
| 30-Sep-23 | 5,142.42 | 2,587.42 | 351.90 | 8.67 | 2,853.13 | 70.27 | 2,455.29 |
Objective of Tata Technologies IPO Issue
The objects of the Offer are:
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges;
- Carry out the Offer for Sale of up to 95,708,984 Equity Shares by the Selling Shareholders.
Tata Technologies IPO Basic Details
| IPO Date | Nov 22, 2023 to Nov 24, 2023 |
| Listing Date | Friday, November 5, 2023 |
| Face Value | ₹2 per share |
| Price | ₹475 to ₹500 per share |
| Lot Size | 30 Shares |
| Issue Size | 60,850,278 shares of ₹2 (aggregating up to ₹3,042.51 Cr) |
| Offer for Sale | 60,850,278 shares of ₹2 (aggregating up to ₹3,042.51 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Share holding pre issue | 405,668,530 |
| Share holding post issue | 405,668,530 |
| Company Promoters | Tata Motors Limited |
Tata Technologies IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Tata Tech IPO Timetable
Tata Tech IPO will open on November 22, 2023 and close on November 24, 2023. You can join Tata Tech IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 22 November 2023 (Wednesday) |
| Closing Date | 24 November 2023 (Friday) |
| Basis of Allotment | 30 November 2023 (Thursday) |
| Initiation of Refunds | 1 December 2023 (Friday) |
| Credit of Shares to Demat | 4 December 2023 (Monday) |
| Listing Date | 5 December 2023 (Tuesday) |
| Deadline for UPI mandate confirmation | 5 PM on 24 November 2023 |
Tata Technologies IPO Lot Size
For retail investors in Tata Technologies IPO, 30 shares will come in 1 lot or the minimum investment will be ₹15,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹195,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 30 | ₹15,000 |
| Retail (Max) | 13 | 390 | ₹195,000 |
| S-HNI (Min) | 14 | 420 | ₹210,000 |
| S-HNI (Max) | 66 | 1,980 | ₹990,000 |
| B-HNI (Min) | 67 | 2,010 | ₹1,005,000 |
Tata Tech IPO Promoter Holding
The company’s promoters include Tata Motors Limited.
| Pre Issue Share Holding | 66.79% |
| Post Issue Share Holding | 55.39% |
Tata Technologies Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 20283.43 |
| Earning Per Share (EPS) | ₹15.37 per Equity Share |
| Net Asset Value (NAV) | ₹73.65 per Equity Share |
| P/E Ratio (P/E) (x) | 32.53 |
| Post P/E Ratio (P/E) (x) | 28.82 |
| Return on Net Worth (RoNW) (%) | 20.87 |
| Return on equity (ROE) (%) | |
| Return on Capital Employed (ROCE) (%) | |
| Debt/Equity Ratio | Coming Soon |
Tata Technologies Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Tata Technologies Limited | Consolidated | 2.00 | 15.37 | 32.53 | 20.87 | 73.65 |
| Peer Group | ||||||
| KPIT Technologies Limited | Consolidated | 10.00 | 13.95 | 80.31 | 22.91 | 61.58 |
| L&T Technology Services Limited | Consolidated | 2.00 | 110.48 | 37.47 | 23.54 | 470.66 |
| Tata Elxsi Limited | Consolidated | 10.00 | 121.26 | 61.55 | 36.21 | 334.92 |
Tata Technologies IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹347 | – | – |
| 20 November 2023 | ₹347 | – | – |
| 19 November 2023 | ₹351 | – | – |
| 18 November 2023 | ₹351 | – | – |
| 17 November 2023 | ₹285 | – | – |
| 16 November 2023 | ₹275 | – | – |
Tata Technologies IPO Detail Video:
Tata Technologies IPO Subscription Status (Bidding Detail)
The Tata Technologies IPO on November 24, 2023 at 7:30:00 PM was subscribed 69.43 times, with the retail category being subscribed 16.50 times, the NII (Non-Institutional Investor) category being subscribed 62.11 times, QIB (Qualified-Institutional Buyers) category being subscribed 203.41 times.
| Category | Subscription |
| QIB | 203.41x |
| NII | 62.11x |
| Retail | 16.50x |
| Employee | 3.70x |
| Others | 29.20x |
| Total | 69.43x |
Tata Technologies IPO Prospectus
| Tata Technologies IPO DRHP | Download |
| Tata Technologies IPO RHP | Download |
| Tata Technologies IPO Anchor Investors Details PDF | Download |
Tata Technologies IPO Rating
| Our Rating | 4.0/5.0 |
Tata Technologies Company Contact Information
Tata Technologies Limited
Registered and Corporate Office: 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
E-mail: ipo@tatatechnologies.com
Website: www.tatatechnologies.com
Corporate Identity Number: U72200PN1994PLC013313
Promoter of Our Company: Tata Motors Limited
Tata Technologies IPO Registrar
Link Intime India Private Limited
Registered Office: C 101, 1st Floor, 247 Park L.B.S Marg
Vikhroli West, Mumbai 400 083, Maharashtra, India
Tel: +91 810 811 4949
E-mail: tatatechnologies.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: tatatechnologies.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Tata Technologies IPO Lead Manager
JM Financial Limited
Registered Office: 7th Floor, Cnergy Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra, India
Tel: +91 22 6630 3030
E-mail: ttl.ipo@jmfl.com
Website: www.jmfl.com
Investor Grievance ID: grievance.ibd@jmfl.com
Contact Person: Prachee Dhuri
SEBI Registration Number: INM000010361
Citigroup Global Markets India Private Limited
Registered Office: 1202, 12th Floor, First International Financial Center
G – Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 098,
Maharashtra, India
Tel: +91 22 6175 9999
E-mail: tatatechipo@citi.com
Website: www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm
Investor Grievance ID: investors.cgmib@citi.com
Contact Person: Harsh Agarwal
SEBI Registration Number: INM000010718
BofA Securities India Limited
Registered Office: Ground Floor, “A” Wing, One BKC, “G” Block Bandra Kurla Complex
Bandra (East), Mumbai 400051, Maharashtra, India
Tel: +91 22 6632 8000
E-mail: dg.gcib_in_tatatechnologies_ipo@bofa.com
Website: https://business.bofa.com/bofas-india
Investor Grievance ID: dg.india_merchantbanking@bofa.com
Contact Person: Keyur Ladhawala
SEBI Registration Number: INM000011625
Tata Technologies IPO FAQs
What is the lot size of Tata Technologies IPO?
The total size of Tata Technologies IPO is ₹3,042.51 crores and this is a complete offer for sale (OFS) Issue.
When will Tata Technologies IPO start?
Tata Technologies IPO will open from 22 November 2023 and IPO will close on 24 November 2023.
What is the open date of Tata Technologies IPO?
Tata Technologies IPO will open date from 22 November 2023.
What is the last date ( close date ) of Tata Technologies IPO?
Tata Technologies IPO will close from 24 November 2023.
What is the price band of Tata Technologies IPO?
Tata Technologies IPO price band is ₹475 to ₹500. ( Upper Price Band: ₹500, Lower Price Band: ₹475 )
What is the minimum amount required to apply for Tata Technologies IPO?
The minimum investment for retailers to apply for Tata Technologies IPO is ₹15,000 and the maximum investment is ₹195,000.
What is going on gray market premium of Tata Technologies IPO?
View gray market premium of Tata Technologies IPO by Clicking Here
How much is the GMP of Tata Technologies IPO?
Watch Tata Technologies IPO GMP Today: Click Here
What is the allotment date of Tata Technologies IPO?
The allotment date of Tata Technologies IPO is 30 November 2023.
How to check allotment status in Tata Technologies IPO?
To check the allotment status of Tata Technologies IPO, first of all go to the registrar website by clicking here, select your bad Tata Technologies IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Tata Technologies IPO?
The listing date of Tata Technologies IPO is 5 December 2023.
How much will be the listing gain in Tata Technologies IPO?
View listing gain of Tata Technologies IPO by Clicking Here
How much time Tata Technologies IPO is subscribed?
Total 69.43 times subscribed in Tata Technologies IPO out of which 16.50 times subscription was done in retail quota, 62.11 times subscription in NII quota and 203.41 times subscription in QIB quota.
How to apply for Tata Technologies IPO from Upstox?
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How to apply for Tata Technologies PO from Zerodha?
Click Here to see how to apply for Tata Technologies IPO from Zerodha. (step by step)
How to apply for Tata Technologies IPO from Angle One?
Click Here to see how to apply for Tata Technologies IPO from Angle One. (step by step)
