TATA Technologies IPO Overview
You are at right place to check all the details regarding TATA Technologies IPO. But mind that, this is entirely an Offer For Sale (OFS) of 9.57 crore shares.
Tata Technologies Price band are yet to be anounced.
About TATA Technologies IPO:
Tata Motors’ arm Tata Technologies IPO will be the first Tata Group IPO since 2004 when the TCS IPO hit the market. As per the current data Tata Motors holds a 74.69% stake, Alpha TC Holdings Pte has a 7.26% stake, and Tata Capital Growth Fund I has a 3.63% stake in Tata Technologies.
Tata Technologies Limited is a Tata Group of companies that provides services in engineering and design, product lifecycle management, manufacturing, product development, and IT service management. They cater to the industries like automotive, and aerospace original equipment manufacturers and their suppliers. They are active in North America, Europe, the Middle East, and the Asia Pacific.
Tata Technologies is the 15th largest IT company in the Fortune India Infotech Industry ranking. They operate from 25 countries with a workforce of more than 11000 employees, and around 4000 professionals worldwide. The company is headquartered in Pune, and regionals are headquartered in the USA.
Objects of the Issue
Objects of the Issue 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 Review (Apply or Not?)
- To be updated soon
TATA Technologies Brokrage House Reviews:
- Religare Broking : To be updated soon
- Capital Market : To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
- ICICI DIrect: To be updated soon
TATA Technologies IPO Date & Price Band Details
IPO Open: | [.], 2023 |
IPO Close: | [.], 2023 |
IPO Size: | Approx 95,708,984 Equity Shares |
Fresh Issue: | Approx 95,708,984 Equity Shares |
Face Value: | Rs 2 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
IPO Lot Size | [.] Shares |
IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
TATA Technologies IPO Market Lot
The TATA Tech IPO minimum market lot is [.] shares with ₹[.]application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.].
Category | Lot Size | Shares | Required Amount |
Retail Minimum | 1 | ₹[.] | |
Retail Maximum | 13 | ₹[.] | |
S-HNI Minimum | 14 | ₹[.] | |
B-HNI Minimum | 68 | ₹[.] |
TATA Technologies IPO Allotment & Listing Dates
The TATA Technologies IPO date is [.], 2023 and the close date is [.], 2023. The TATA Technologies IPO allotment will be finalized on [.] 2023 and the IPO listing on [.] 2023.
Anchor Investors Allotment: | [.] , 2023 |
IPO Open Date: | [.] , 2023 |
IPO Close Date: | [.] , 2023 |
Basis of Allotment: | [.] , 2023 |
Refunds: | [.] , 2023 |
Credit to Demat Account: | [.] , 2023 |
IPO Listing Date: | [.] , 2023 |
TATA Technologies Company Financial Report
Year | Revenue (Cr) | Expense (Cr) | PAT (Cr) |
2020 | Rs2897 | Rs2496 | Rs252 |
2021 | Rs2897 | Rs2496 | Rs239 |
2022 | Rs3578 | Rs2992 | Rs437 |
TATA Technologies IPO Valuation
Below is the financial details of TATA Technologies for the year FY2022.
Earning Per Share (EPS): | Rs10.77 per Equity Share |
Price/Earning (P/E) Ratio | NA |
Return on Net Worth (RoNW): | 19.16% |
Net Asset Value: | Rs545.40 per Equity share |
Company Promoters:
- KPIT Technologies Limited
- L&T Technology Services Limited
- Tata Elxsi Limited
Competitor Companies:
- Tata Motors 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
E-mail: tatatechnologies.ipo@linkintime.co.in
Website: www.linkintime.co.in
TATA Technologies IPO Lead Managers
- JM Financial Ltd
- BofA Securities
- Citigroup Global Markets India Pvt Ltd
TATA Technologies IPO Allotment Status Check
Allotment status of TATA Technologies IPO can be checked on Linkintime website : Click here
Company Address of TATA Technologies:
Tata Technologies Limited
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
TATA Technologies IPO FAQs
When TATA Technologies IPO will open and close?
The IPO is to open on [.], 2023 for QIB, NII, and Retail Investors and closes on [.],2023
What is TATA Technologies IPO Investors Portion?
The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is the TATA Technologies IPO Allotment Date?
TATA Technologies IPO allotment date is [.] 2023.
What is the TATA Technologies IPO Listing Date?
TATA Technologies IPO listing date is [.], 2023. The IPO is to list on BSE and NSE.
How to Apply the TATA Technologies IPO through Zerodha?
You can apply to this IPO through Zerodha by logging in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “TATA Technologies ”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App like PhonePe or GooglePay etc to Approve the mandate. If you still dont have Demat account with Zerodha you can open it using this link, Open Demat Account with Zerodha.