Tata Technologies Limited IPO

Mainboard

Diversified

Listed On: Nov 30, 2023 at ₹ 1200.0(NSE)

₹ 15000 /30 Shares

Check Allotment

Price Summary

Last Closing

941.75 (88.35%)

52 Week High

1,400.00

52 Week Low

931.00

Last Update

22-Nov-2024 3:30 PM

Tata Technologies Limited IPO Details

22 Nov, 2023

Open Date

24 Nov, 2023

Close Date

29 Nov, 2023

Allotment Date

30 Nov, 2023

Listing Date

Issue Price

₹475-500 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

1200.0(NSE)

Listing Date

2023-11-30

Market Lot

Retail : 30 Shares (₹15,000/-)
S-HNI : 420 Shares (₹2,10,000/-)
B-HNI : 2,010 Shares (₹10,05,000/-)

Lead Manager

Jm Financial Limited
Citigroup Global Markets India Private Limited
Bofa Securities India Limited

Issue Size

OFS : 60,850,278 shares of ₹2(aggregating up to ₹3042.51 Cr)

Retail Portion

35% (Number of Retail Applications: 6,15,264 Approx),
(Number of S-HNI Applications : 6,278 Approx),
(Number of B-HNI Applications : 12,556 Approx)

Subscription

69.43 times

IPO Docs

DRHP RHP ANCHOR

Tata Technologies Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Employee	Total
Shares Offered / Reserved	10,547,382	7,910,537 5,273,691 2,636,846	18,457,919	2,028,342	45,029,207
Day 1 - 22-11-23 05:00 PM	4.08 x	11.69 12.00 x 11.07 x	5.44 x	1.11 x	6.55 x
Day 2 - 23-11-23 05:00 PM	8.55 x	31.04 32.74 x 27.64 x	11.20 x	2.36 x	14.86 x
Day 3 - 24-11-23 05:00 PM	203.41 x	62.11 70.67 x 44.98 x	16.5 x	29.20 x	69.43 x

Total No. of Applications: 7,325,011 (Approx)

Retail Subscription on the basis of Applications: 11.91 times

Tata Technologies Limited Valuations

Earnings Per Share (EPS)

₹15.37/-

P/E Ratio

32.53

RoNW

20.87%

Net Asset Value (NAV) - As on 31.03.23

₹73.65

Tata Technologies Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21	31-Mar-20
Assets	5,201.49	4,218.00	3,572.74	2,572.97
Revenue	4,501.93	3,578.38	2,425.74	2,896.96
Profit After Tax	624.04	436.99	239.17	251.57

About The Company

Tata Technologies Limited is a leading global engineering services company. They offer product development and digital solutions. This includes turnkey solutions, to global original equipment manufacturers (OEMs) and their tier-1 suppliers.

Tata Technologies aspire to create value for their customers by assisting them in the development of products that are safer, cleaner and improve the quality of life for the end customers.

With their deep domain expertise in the automotive industry, they have gained high expertise to serve clients in adjacent industries also, such as aerospace and transportation and heavy construction machinery.

The operation of Tata Technologies Limited is spread globally. They bring together diverse teams from different parts of the world with varied skill sets to collaborate in real time and solve complex engineering problems.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Tata Technologies	7.12	32.53	20.9%	4,501
KPIT Technologies	21.8	83.1	25.7%	3,365
L&T Technology	9.78	36.9	25.0%	8,014
Tata Elxsi	25.1	67.1	41.1%	3,144

Tata Technologies Limited - Promoter(s)

Pre Issue Share Holding: 66.79%

Post Issue Share Holding: 55.39%

Company Promoter(s)

Tata Motors Limited

Tata Technologies Limited IPO - Issue Objectives

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 Limited IPO - Anchor Investors

Tata Technologies IPO | Anchor investors pick Rs 791 crore worth of shares.

Global investors like Goldman Sachs, Government Pension Fund Global, BNP Paribas Funds, Prudential Assurance Company, HSBC Global, Florida Retirement System, Oaktree Emerging Markets Equity Fund, Brinker Capital Destinations Trust, Great Eastern Life-Singapore Life Insurance Fund, RBC Asia Pacific Ex-Japan Equity Fund, and Copthall Mauritius Investment participated in the anchor book.

Domestic mutual funds and insurance companies, including SBI Mutual Fund, ICICI Prudential Mutual Fund, Nippon Life, Aditya Birla Sun Life Trustee, Franklin Templeton Mutual Fund, SBI Life Insurance Company, Kotak Mutual Fund, DSP Mutual Fund, HDFC Life Insurance Company, Mirae Asset Mutual Fund, Bandhan Mutual Fund, Edelweiss Trusteeship, Motilal Oswal Mutual Fund, Sundaram Mutual Fund, Axis Mutual Fund, Canara Robeco Mutual Fund, Kotak Mahindra Life Insurance Company, JM Financial Mutual Fund, Bajaj Allianz Life Insurance Company, and Bharti Axa Life Insurance Company also invested in the Pune-based firm.

Tata Technologies Limited IPO - FAQs

Ans. Tata Technologies Limited IPO is a Mainboard IPO. The issue is priced at ₹475-500 per equity share. The minimum order quantity is 30 Shares. The IPO opens on Nov 22, 2023, and closes on Nov 24, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Tata Technologies Limited IPO opens on Nov 22, 2023 and closes on Nov 24, 2023.

Ans. The size of Tata Technologies Limited IPO is OFS : 60,850,278 shares of ₹2(aggregating up to ₹3042.51 Cr).

Ans. The IPO price band is set between ₹475-500 per equity share.

Ans. To apply for Tata Technologies Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Tata Technologies Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Tata Technologies Limited IPO is Nov 29, 2023.

Ans. The Tata Technologies Limited IPO will be listed on Nov 30, 2023.

Ans. Follow the steps to check the allotment status for Tata Technologies Limited IPO here.