Tata Technologies IPO description – Tata Technologies is a global leader in engineering, digital services, product development, and outsourcing. The company has a diversified global presence across Asia Pacific, Europe, and North America and partners with many of the largest manufacturing enterprises in the world.
The company has a diversified global client base and in the nine months ended 31 December 2022, it derived 25.76%, 23.94%, 22.27%, and 28.03% of its revenue from operations from clients in India, Europe, North America, and rest of the world, respectively.
As of 31 December 2022, its clients comprised more than 35 traditional automotive OEMs and tier 1 suppliers, and more than 12 new energy vehicle companies. Tata Technologies has a global workforce of over 11,081 employees, comprising 10,161 full-time employees (FTEs) and 920 contracted employees, serving multiple global clients from 18 global delivery centers.
It is a pure-play manufacturing-focused ER&D company, primarily focused on the automotive industry, and is currently engaged with six out of the top 10 automotive ER&D spenders and four out of the 10 prominent new energy ER&D spenders in 2021.
Promoters of Tata Technologies – Tata Motors Limited
Tata Technologies IPO Details
| Tata Technologies IPO Dates | 22 – 24 November 2023 |
| Tata Technologies IPO Price | INR 475 – 500 per share |
| Fresh issue | Nil |
| Offer For Sale | 60,850,278 shares (INR 2,890.39 – 3,042.51 crore) |
| Total IPO size | 60,850,278 shares (INR 2,890.39 – 3,042.51 crore) |
| Minimum bid (lot size) | 30 shares (INR 15,000) |
| Face Value | INR 2 per share |
| Retail Allocation | 35% |
| Shareholder reservation | 6,085,027 shares (10% shares) |
| Employee reservation | 2,028,342 shares |
| Listing On | BSE, NSE |
Tata Technologies Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 2,380.91 | 3,529.58 | 4,414.18 | 2,526.70 |
| Expenses | 2,105.06 | 2,991.53 | 3,705.77 | 2,121.17 |
| Net income | 239.17 | 436.99 | 624.03 | 351.90 |
| Margin (%) | 10.05 | 12.38 | 14.14 | 13.93 |
Tata Technologies Offer News
- Tata Technologies RHP
- Tata Technologies Draft Prospectus
- Tata Technologies Unlisted Shares
- Upcoming IPOs in November 2023
- 2 Tata Group IPOs lined up in 2023, check details
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Tata Technologies Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 5.89 | 10.77 | 15.37 |
| PE ratio | – | – | 30.90 – 32.53 |
| RONW (%) | 11.17 | 19.16 | 20.87 |
| NAV | 52.79 | 56.19 | 73.65 |
| ROCE (%) | – | 34.00 | 31.00 |
| ROE (%) | – | 26.41 | 27.06 |
| EBITDA (%) | 18.08 | 19.68 | 20.59 |
| Debt/Equity | – | 0.12 | 0.08 |
Tata Technologies IPO GMP Today
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 30 November 2023 | 400 | 700 | 9,200 |
| 29 November 2023 | 385 | 700 | 9,200 |
| 28 November 2023 | 410 | 800 | 9,700 |
| 27 November 2023 | 410 | 800 | 9,700 |
| 25 November 2023 | 400 | 1,000 | 10,000 |
| 24 November 2023 | 390 | 1,200 | 9,000 |
| 23 November 2023 | 360 | 800 | 7,000 |
| 22 November 2023 | 330 | – | – |
| 21 November 2023 | 355 | – | – |
| 20 November 2023 | 350 | – | – |
| 18 November 2023 | 350 | – | – |
| 17 November 2023 | 350 | – | – |
| 16 November 2023 | 300 | – | – |
| 15 November 2023 | 280 | – | – |
| 14 November 2023 | 280 | – | – |
| 11 November 2023 | 270 | – | – |
| 10 November 2023 | 270 | – | – |
| 9 November 2023 | 270 | – | – |
Tata Technologies IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Employee | Shareholder | Total |
|---|---|---|---|---|---|---|
| Shares Offered | 1,05,47,382 | 79,10,537 | 1,84,57,919 | 20,28,342 | 60,85,027 | 4,50,29,207 |
| 24 Nov 2023 | 203.41 | 62.10 | 16.47 | 3.69 | 29.17 | 69.41 |
| 23 Nov 2023 | 8.55 | 31.04 | 11.20 | 2.36 | 20.04 | 14.86 |
| 22 Nov 2023 | 4.08 | 11.69 | 5.44 | 1.11 | 9.32 | 6.55 |
Tata Technologies IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Ajconglonal – Subscribe
Antique Stock Broking –
Aditya Birla Capital – Subscribe
Arihant Capital – Subscribe
Ashika Research – Not Rated
Asit C Mehta – Subscribe
BP Wealth – Subscribe
Capital Market – Subscribe
Canara Bank Securities – Subscribe for listing gains and long term
Choice Broking – Subscribe
Dalal & Broacha –
Elite Wealth – Subscribe
Geojit – Subscribe
GEPL Capital – Subscribe
Hem Securities – Subscribe
ICICIdirect –
IDBI Capital – Subscribe
Jainam Broking –
KR Choksey –
Systematix Research – Not Rated
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang – Subscribe
Reliance Securities – Subscribe
Religare Broking –
Samco Securities – Subscribe
SMC Global – 3.5/5
Swastika Investmart – Subscribe
SBICAP Securities – Subscribe
Ventura Securities – Subscribe
Tata Technologies Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: 022 4918 6200
Email: [email protected]
Website:Â www.linkintime.co.in
Tata Technologies Contact Details
TATA TECHNOLOGIES LIMITED
Plot No. 25, Rajiv Gandhi Infotech Park,
Hinjawadi, Pune 411 057, Maharashtra
Phone: +91 20 6652 9090
E-mail: [email protected]
Website: www.tatatechnologies.com
Tata Technologies IPO Allotment Status
Tata Technologies IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Meanwhile, bank debits and funds unblocking has started. Check effective bank balance to know your allotment status.
Tata Technologies IPO Dates & Listing Performance
| IPO Opening Date | 22 November 2023 |
| IPO Closing Date | 24 November 2023 |
| Finalisation of Basis of Allotment | 29 November 2023 |
| Initiation of refunds | 29 November 2023 |
| Transfer of shares to demat accounts | 29 November 2023 |
| Tata Technologies IPO Listing Date | 30 November 2023 |
| Opening Price on NSE SME | INR 1,200 per share (up 140%) |
| Closing Price on NSE SME | INR 1,313 per share (up 162.60%) |
Tata Technologies IPO FAQs
How many shares in Tata Technologies IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Tata Technologies Public Offer?
The best way to apply in Tata Technologies public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Tata Technologies IPO GMP today?
Tata Technologies IPO GMP today is INR 400 per share.
What is Tata Technologies kostak rate today?
Tata Technologies kostak rate today is INR 700 per application.
What is Tata Technologies Subject to Sauda rate today?
Tata Technologies Subject to Sauda rate today is INR 9,200 per application.
Tata technology Price band may be – (950/- to 1250/-) . This is reasonable price band in this price !!!