Tata Technologies IPO GMP, Review, Price, Allotment

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Last updated on December 1, 2023

TATA Technologies IPO GMP 2023

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.

Tata Technologies 2023

Promoters of Tata Technologies – Tata Motors Limited


Tata Technologies IPO Details

Tata Technologies IPO Dates22 – 24 November 2023
Tata Technologies IPO PriceINR 475 – 500 per share
Fresh issueNil
Offer For Sale60,850,278 shares (INR 2,890.39 – 3,042.51 crore)
Total IPO size60,850,278 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 Allocation35%
Shareholder reservation6,085,027 shares (10% shares)
Employee reservation2,028,342 shares
Listing OnBSE, NSE

Tata Technologies Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue2,380.913,529.584,414.182,526.70
Expenses2,105.062,991.533,705.772,121.17
Net income239.17436.99624.03351.90
Margin (%)10.0512.3814.1413.93
Figures in INR Crores unless specified otherwise

Tata Technologies Offer News


Tata Technologies Valuations & Margins

FY 2021FY 2022FY 2023
EPS5.8910.7715.37
PE ratio30.90 – 32.53
RONW (%)11.1719.1620.87
NAV52.7956.1973.65
ROCE (%)34.0031.00
ROE (%)26.4127.06
EBITDA (%)18.0819.6820.59
Debt/Equity0.120.08
*Compiled by IPO Central from Prospectus and Annual Report

Tata Technologies IPO GMP Today

DateDay-wise IPO GMPKostakSubject to Sauda
30 November 20234007009,200
29 November 20233857009,200
28 November 20234108009,700
27 November 20234108009,700
25 November 20234001,00010,000
24 November 20233901,2009,000
23 November 20233608007,000
22 November 2023330
21 November 2023355
20 November 2023350
18 November 2023350
17 November 2023350
16 November 2023300
15 November 2023280
14 November 2023280
11 November 2023270
10 November 2023270
9 November 2023270

Tata Technologies IPO Subscription – Live Updates

CategoryQIBNIIRetailEmployeeShareholderTotal
Shares Offered1,05,47,38279,10,5371,84,57,91920,28,34260,85,0274,50,29,207
24 Nov 2023203.4162.1016.473.6929.1769.41
23 Nov 20238.5531.0411.202.3620.0414.86
22 Nov 20234.0811.695.441.119.326.55

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: 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 Date22 November 2023
IPO Closing Date24 November 2023
Finalisation of Basis of Allotment29 November 2023
Initiation of refunds29 November 2023
Transfer of shares to demat accounts29 November 2023
Tata Technologies IPO Listing Date30 November 2023
Opening Price on NSE SMEINR 1,200 per share (up 140%)
Closing Price on NSE SMEINR 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.

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