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. Tata Technologies is a 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”), they benefit from long-term relationships with both TML and JLR. The long-standing engagements with TML and JLR (collectively, their “Anchor Clients”) have enabled the incubation of skills and capabilities that has assisted us in pursuing opportunities outside of the Tata Group.
Objects of the Issue
- Utilization of the Offer proceeds by Selling Shareholders
- Offer Expenses
Tata Technologies Eligibility date for Share Holders Quota:
Tata Technologies Eligibility date for Share Holders Quota is November 13, 2023. If the share holder holds Tata Motors stock as of November 13, 2023, in their demat account, they will able to appear in the shareholder quota in the Tata Technologies IPO.
Tata Technologies IPO Review (Apply or Not)
- Apply
Brokerage Firm IPO Review
- Arihant Capital Markets Ltd: Apply
- Asit C. Mehta Investment: Apply
- Geojit Securities Ltd: Apply
- GEPL Capital Ltd: Apply
- IDBI Capital: Apply
- Indsec Securities: Apply
- Nirmal Bang: Apply
- Reliance Securities: Apply
- SBICAP Securities Limited: Apply
- Swastika Investmart Ltd: Apply
Tata Technologies IPO Date & Price Band Details
IPO Open: | November 22, 2023 |
IPO Close: | November 24, 2023 |
IPO Size: | Approx ₹3,042.51 Crores |
Offer for Sale: | Approx 60,850,278 Equity Shares |
Face Value: | ₹2 Per Equity Share |
IPO Price Band: | ₹475 to ₹500 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Shareholders Quote: | 10% |
Eligibility date for SH Quota: | November 13, 2023 |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Tata Technologies IPO Market Lot
The Tata Technologies IPO minimum market lot is 30 shares with ₹15,000 application amount. The retail investors can apply up-to 13 lots with 390 shares or ₹195,000 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 30 | ₹15,000 |
Retail Maximum | 13 | 390 | ₹195,000 |
S-HNI Minimum | 14 | 420 | ₹210,000 |
B-HNI Minimum | 67 | 2010 | ₹10,05,000 |
Tata Technologies IPO Allotment & Listing Dates
The Tata Technologies IPO date is November 22 and the close date is November 24. The Tata Technologies IPO allotment will be finalized on November 29 and the IPO listing on November 30.
Anchor Investors Allotment: | November 21, 2023 |
IPO Open Date: | November 22, 2023 |
IPO Close Date: | November 24, 2023 |
Basis of Allotment: | November 29, 2023 |
Refunds: | November 29, 2023 |
Credit to Demat Account: | November 29, 2023 |
Tata Technologies IPO Listing Date: | November 30, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Tata Technologies IPO Form
How to apply for the Tata Technologies IPO? You can apply for Tata Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Tata Technologies IPO in the Invest section. The other option is you can apply for Tata Technologies IPO via IPO forms downloaded via NSE and BSE. Check out the Tata Technologies forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Tata Technologies Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹2426 | ₹2105 | ₹239 |
2022 | ₹3578 | ₹2992 | ₹437 |
2023 | ₹4502 | ₹3706 | ₹624 |
2024 6M | ₹2587 | ₹2121 | ₹352 |
Tata Technologies IPO Valuation – FY2023
Check Tata Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹15.38 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 20.87% |
Net Asset Value (NAV): | ₹73.68 per Equity Share |
Peer Group
- KPIT Technologies Limited
- L&T Technology Services Limited
- Tata Elxsi Limited
Company Promoters
- 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: [email protected]
Website: www.linkintime.co.in
Tata Technologies IPO Allotment Status Check
Check Tata Technologies IPO allotment status on Linkintime website allotment URL. Click Here
Tata Technologies IPO Lead Managers
- JM Financial Ltd
- BofA Securities
- Citigroup Global Markets India Pvt Ltd
Company Address
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: [email protected]
Website: www.tatatechnologies.com
Tata Technologies IPO FAQs
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Note: The Tata Technologies IPO price band and date are officially announced. The IPO grey market premium (Tata Technologies IPO Premium) will be added to the IPO grey market page as it will start).
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12 Responses
Sir, I have applied for Tata Technoloiges Ltd. IPO. My pan no. is ASRPK7983K. I am having Tata shares from last 3 years. But today i have received message from your end…my payment is unblocked. Can i trust on Tata’s share in future ?
Yes Sir, Tata is a renowned brand, and its a worth building company.
wating! watting!! Wattting!!!
Tata Technologies IPO might coming soon, still the official announcement is not out yet.
i m from goodwill wealth management( sebi register)8962045029 my num plz contect for tata tech i have update
MY SELF NAVEEN .sir i had applied Tata Technologies Limited IPO USING UPSTOCK .my ipo application no is 655d97549dc26716 .i had deleted my ipo.but still my payment is blocked.when my payment WILL BE unblocked.
Thanks With Regards
NAVEEN KUMAR
7082020866
Without any details it will not serve any purpose
Hello Rao Sir,
The details are updated in the Tata Technologies IPO. Keep browsing for the more updates.
What will be the share holder’s allotment ratio?
(No of shares of Tata Tech allotted to the no of shares held).
Can I apply both thru the share holders quota and thru Retail quota?
Will I receive a mail regarding shareholders quota?
i
m from goodwill wealth management( sebi register)8962045029 my num plz contect for tata tech i have update
Whiting for IPO see soon
im from goodwill wealth management
8962045029 my num plz contect for tata tech i have update