Tata Technologies Ltd
Price Range
₹475 - ₹500
Min. Quantity
30
Closes on
24 November 2023
Min. investment
₹15,000/390 Shares
Tata Technologies Ltd IPO Timeline
Tata Technologies Ltd was incorporated as Core Software Systems Private Limited' at New Delhi, as a Private Limited Company pursuant to a Certificate of Incorporation dated August 22, 1994 issued by the Registrar of Companies, NCT of Delhi and Haryana. The Company got converted into a Public Limited Company and the name of Company was changed to Tata Technologies (India) Limited'. A fresh Certificate of Incorporation was issued by the Registrar of Companies, NCT of Delhi and Haryana on November 15, 1996. The name of Company was further changed to Tata Technologies Limited' and a fresh Certificate of Incorporation dated February 8, 2001, was issued by the RoC.
| Event | Date |
|---|---|
| Tata Technologies Ltd IPO Opening Date | 22 November 2023 |
| Tata Technologies Ltd IPO Closing Date | 24 November 2023 |
| Basis of Allotment | 28 November 2023 |
| Initiation of Refunds | 29 November 2023 |
| Credit of Shares to Demat | 29 November 2023 |
| Tata Technologies Ltd IPO Listing Date | 30 November 2023 |
Tata Technologies Ltd IPO Details
| Tata Technologies Ltd IPO Date | 22 November 2023 to 24 November 2023 |
| Tata Technologies Ltd IPO Face Value | ₹2 per share |
| Tata Technologies Ltd IPO Price | ₹475 to ₹500 per share |
| Tata Technologies Ltd IPO Lot Size | 30 |
| Issue Size | Shares of ₹2 (aggregating up to ₹3,042.51 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹0 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹3,042.51 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,05,47,382 of the Net Offer |
| Retail Shares Offered | Not less than 1,84,57,919 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 79,10,537 of the Net Offer |
| Company Promoters | Tata Motors Ltd |
Tata Technologies Ltd IPO Lot Size
The Tata Technologies Ltd IPO lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹1,95,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 30 | ₹15,000 |
| Maximum | 13 | 390 | ₹1,95,000 |
- Strengths
- Risks
- Opportunities
- Deep expertise in the automotive industry.
- Differentiated capabilities in new age automotive trends - electric vehicles, 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 its manufacturing domain knowledge to tap into the large upskilling and reskilling market.
- Well-recognized brand with experienced Promoter, board of directors and management team.
Company Financials
Tata Technologies Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 2,930.1 | 3,137.09 | 687.39 |
| 03-2023 | 2,598.03 | 2,150.51 | 244.03 |
| 03-2022 | 2,104.22 | 1,768.33 | 218.52 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Listing the Equity Shares on the Stock Exchanges
Tata Technologies Ltd IPO Promoter Holding
| Pre Issue Share Holding | 64.79% |
| Post Issue Share Holding | 53.39% |
Tata Technologies Ltd IPO Subscription Status (Bidding Detail)
The Tata Technologies Ltd IPO is subscribed 69.43 times on 24 November 2023 05:00:00 PM. The public issue subscribed 16.5 times in the retail category, 203.41 times in the QIB category, and 62.11 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 203.41 | 62.11 | 16.5 | 3.7 | 69.43 |
Tata Technologies Ltd IPO Prospectus
Tata Technologies Ltd IPO Listing Date
| Listing Date | 30 November 2023 |
| BSE Script | 544028 |
| NSE Symbol | TATATECH |
| Listing In | BSE, NSE |
| ISIN | INE142M01025 |
| IPO Price | ₹500 |
| Face Value | ₹2 |
Company Contact Information
Plot #25 Rajiv Gandhi Infotech-Park Hinjawadi,Pune-411057
Phone: +91 20 6652 9090
Email: ipo@tatatechnologies.com
Website: www.tatatechnologies.com
Tata Technologies Ltd IPO Registrar
Tata Technologies Ltd IPO Lead Manager(s)
- JM Financial Ltd
- Citigroup Global Markets India Pvt Ltd
- BofA Securities India Ltd
FAQ
What is the issue size of Tata Technologies Ltd IPO?
I have pre-applied for Tata Technologies Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.