The Tata Technologies IPO subscription status has started on November 22, 2023, and it is also being subscribed by QIB, NII, and RII. The Tata Technologies IPO began on 22 November 2023 and closes on 24 November 2023. Tata Technologies IPO is preparing to raise ₹3042.21 crores through its offer for sale, and the Tata Technologies IPO price band is fixed ₹475 to ₹500 per share. you can check out Tata Technologies’ IPO GMP here.
Tata Technologies Limited is a leading global engineering services company including turnkey solutions, to global original equipment manufacturers (“OEMs”). The company provides services in engineering and design, product lifecycle management, manufacturing, product development, and IT service management to automotive and aerospace original equipment manufacturers as well as industrial machinery companies.
The company creates value for our clients by helping them develop products that are safer, and cleaner and improve the quality of life for their end-customers.
Tata Technologies IPO reserved shares in this IPO, 50% for QIB 15% for NII, and 35% for the retail category have been reserved. To know the Tata Technologies IPO Subscription Status, you can see the below-day Subscription. You can check Tata Technologies IPO Allotment status here.
Tata Technologies IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹624.04 Cr ₹500 /EQ 15.38 32.51x 20.87 % 20.87 % – % – ₹73.68 ₹5142.42 Cr ₹20283.43 Cr 66.79 % 55.39 % |
| Team Review : | ✔ Apply For Listing Gain & Long Term |
Tata Technologies IPO Subscription Status {Live Update} :
The total Tata Technologies IPO Subscription Status subscribed 69.43x times so far, with QIB subscribed 203.41x NII subscribed 62.11x times & RII 16.50x times and EMP 3.70x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 4.08x | 8.55x | 203.41x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 11.69x ______ 12.00x 11.08x | 31.19x ______ 32.74x 28.09x | 62.11x ______ 70.67x 44.98x |
| RII : | 5.44x | 11.56x | 16.50x |
| EMP : | 1.11x | 2.47x | 3.70x |
| Other : | 9.32x | 20.48x | 29.20x |
| Total : | 6.55x | 15.10x | 69.43x |
Tata Technologies IPO Net Shares Offered:
Tata Technologies IPO is a public issue of 60,850,278 equity shares. The issue offers 10,547,382 shares to qualified institutional buyers, 7,910,537 shares to non-institutional investors, and 18,457,919 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor : | 15,821,071 | 791.05 |
| QIB : | 10,547,382 | 527.37 |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 7,910,537 ______________ 5,273,691 2,636,846 | 395.53 _______ 263.68 131.84 |
| RII : | 18,457,919 | 922.90 |
| EMP : | 2,028,342 | 101.42 |
| Others : | 6,085,027 | 304.25 |
| Total : | 60,850,278 | 3042.51 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Tata Technologies IPO Subscription Status FAQs :
How much was the total Tata Technologies IPO Subscription Status?
The total Tata Technologies IPO Subscription Status 69.43x times Day 3.
What is the Tata Technologies IPO retail subscription Status?
Tata Technologies IPO Retail Subscription 16.50x times Day 3.
How much is the Tata Technologies IPO QIB subscription Status?
The Tata Technologies IPO QIB subscription 203.41x times Day 3.
How much did Tata Technologies IPO NII subscribe?
Tata Technologies IPO NII Subscription 62.11x times Day 3.
What is Tata Technologies IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, and RII 35%.
What is Tata Technologies IPO Allotment Date?
Tata Technologies IPO allotment date is 30 November 2023.
What is Tata Technologies IPO Listing Date?
Tata Technologies IPO listing date is 05 December 2023. The IPO to list on NSE, BSE.
How to Apply the Tata Technologies IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Tata Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Tata Technologies IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Tata Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Tata Technologies IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Tata Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Tata Technologies IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Tata Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Tata Technologies IPO GMP: Click Here Tata Technologies IPO Details: Click Here Tata Technologies IPO Allotment: Click Here Tata Technologies IPO Listing: Click Here |
All Tata Technologies IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.