The leading global engineering services company Tata Technologies IPO will be hit the market 22 November 2023 and closes on 24 November 2023. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹3,042.51 crore through IPO. The company will issue shares through offer for sale of 60,850,278 shares.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
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. You can check Tata Technologies IPO GMP here.
| Read also: Upcoming IPO List 2023 |
Tata Technology part of the Tata Group, which has been recognized as the most valuable brand in India by Brand Finance, a leading international brand valuation agency (Source: Brand Finance India 100 2022 report). As a subsidiary of Tata Motors Limited (“TML”), we benefit from long-term relationships with both TML and JLR. The long-standing engagements with TML and JLR (collectively, our “Anchor Clients”) have enabled the incubation of skills and capabilities that have assisted us in pursuing opportunities outside of the Tata Group. You can check Tata Technologies IPO Allotment status here.
The company is a pure-play manufacturing-focused ER&D company, primarily focused on the automotive industry, and the company 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. You can check Tata Technologies IPO subscription status here.
Object Of the Issue :
- The company will not receive any proceeds of the Offer for Sale by the Selling Shareholders
Company Strengths :
- 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 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 Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 22 November 2023 |
| IPO Close : | 24 November 2023 |
| Face Value : | ₹2 Equity Share |
| Price Band : | ₹475 – ₹500 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹3,042.51 Cr {60,850,278 Shares} |
| Offer For Sale : | ₹3,042.51 Cr {60,850,278 Shares} |
Tata Technologies IPO Market Lot :
Tata Technologies IPO Minimum Market lot is 1 Lot with 30 shares with ₹15,000 Application amount. The retail investors can apply up to 13 lots with 390 Shares or ₹195,000 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 30 | ₹15,000 |
| Retail Maximum : | 13 | 390 | ₹195,000 |
| S-HNI Minimum : | 14 | 420 | ₹210,000 |
| S-HNI Maximum : | 66 | 1980 | ₹990,000 |
| B- HNI Minimum : | 67 | 2010 | ₹1,005,000 |
Tata Technologies IPO Reservation :
Tata Technologies IPO Total Reservation of – shares are to be bid for the public issue by Tata Technologies IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount Cr |
| QIB : | 50% | 30,425,139 | ₹1521.26 |
| NII : | 15% | 9,127,541 | ₹456.38 |
| RII : | 35% | 21,297,597 | ₹1064.88 |
| Total : | 100% | 60,850,278 | ₹3042.51 |
Tata Technologies IPO EPS & RoNW :
The Tata Technologies company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
|---|---|---|---|
| 2023 | ₹15.38 | 20.87 % | ₹73.68 |
| 2022 | ₹10.77 | 19.16 % | ₹56.19 |
| 2021 | ₹5.89 | 11.17 % | ₹52.79 |
Tata Technologies IPO Peer Comparison PE :
Tata Technologies, According to the DRHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | KPIT Technologies Limited | 83.10 |
| 2. | L&T Technology Services | 40.92 |
| 3. | Tata Elxsi Limited | 70.67 |
Tata Technologies IPO Dates :
Tata Technologies IPO Date is 22 November 2023 and closes on 24 November 2023. The allotment will be finalized on 30 November 2023 and the IPO may list on 05 December 2023.
| Anchor Date : | 21 November 2023 |
| Open Date : | 22 November 2023 |
| Close Date : | 24 November 2023 |
| Allotment Date : | 30 November 2023 |
| Refund Date : | 01 December 2023 |
| Share Credit Date : | 04 December 2023 |
| Listing Date : | 05 December 2023 |
Tata Technologies IPO Form :
There are two ways to apply for Tata Technologies IPO. You can apply for Tata Technologies IPO through ASBA available in your bank account. You have to go to your online bank login select Tata Technologies IPO in the Invest section and apply through your bank account. Another option is you apply for Tata Technologies IPO through IPO form download through NSE and BSE. See the Tata Technologies IPO Form – Download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Tata Technologies Company Financial Report (Crores) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹4501.93 | ₹3705.78 | ₹624.04 |
| 2022 | ₹3578.38 | ₹2991.52 | ₹437.00 |
| 2021 | ₹2475.73 | ₹2105.05 | ₹239.17 |
| 2020 | ₹2896.96 | ₹2496.39 | ₹251.56 |
Company Promoters :
■ Ajoyendra Mukherjee & Warren Kevin Harris
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Tata Technologies IPO Lead Managers :
■ JM Financial Limited
■ Citigroup Global Markets India Private Limited
■ BofA Securities India 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
Email: [email protected]
Investor Grievance ID: [email protected]
Website: www.linkintime.co.in
Note: Check Tata Technologies IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Tata Technologies Limited
Plot No. 25 Rajiv Gandhi Infotech Park
Hinjawadi, Pune 411 057
Maharashtra, India
Telephone: +91 20 6652 9090
E-mail: [email protected]
Website: www.tatatechnologies.com
Tata Technologies IPO FAQs :
What is Tata Technologies IPO?
Tata Technologies IPO is a Mainboard IPO. They are going to raise ₹3042.51. Crores via IPO. The issue is priced at ₹475-₹500 per equity share. The IPO is to be listed on NSE, and BSE.
When Tata Technologies IPO will open?
The IPO is to open on 22 Nov – 24 Nov for QIB, NII & RII.
What is Tata Technologies IPO Size?
Tata Technologies IPO size is ₹3042.51 Crores.
What is the Offer For Sale size of Tata Technologies IPO?
The Offer For Sale size of Tata Technologies IPO ₹3042.51 Cr.
What is Tata Technologies IPO Price Band?
Tata Technologies IPO Price Band is ₹475-₹500 Per share.
What is Tata Technologies IPO Minimum and Maximum Lot Size?
The minimum 30 Shares with ₹15,000 amount while the maximum 390 shares with ₹195,000.
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 the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Tata Technologies IPO”. Click on the 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 the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Tata Technologies IPO”. Click on the 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 the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Tata Technologies IPO”. Click on the 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 in IPOs Section and Click on IPO. You will see the IPO Name “Tata Technologies IPO”. Click on the 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 Subscription: Click Here Tata Technologies IPO Allotment: Click Here Tata Technologies IPO Listing: Click Here Tata Technologies IPO Web Story: Click Here |
All Tata Technologies IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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