{"id":5245,"date":"2023-11-16T15:23:21","date_gmt":"2023-11-16T09:53:21","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5245"},"modified":"2023-11-17T11:24:51","modified_gmt":"2023-11-17T05:54:51","slug":"tata-technologies-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/tata-technologies-ipo\/","title":{"rendered":"Tata Technologies IPO Details - Complete Overview of Tata Technologies Limited IPO"},"content":{"rendered":"\n

Tata Technologies IPO Price: <\/strong>\u20b9475 - \u20b9500
IPO Date Range:<\/strong> Nov 22, 2023 - Nov 24, 2023<\/p>\n\n\n\n

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\"Tata<\/figure>\n<\/div>\n\n\n\n
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Foundation & Business Essence:<\/h2>\n\n\n\n

Established on August 22, 1994, Tata Technologies Limited emerged under the patronage of Tata Motors Ltd. Renowned as a premier global engineering services firm, Tata Technologies specializes in providing comprehensive product development and digital solutions, catering to the needs of international OEMs and their Tier-1 suppliers.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Product Portfolio:<\/h2>\n\n\n\n

They provide comprehensive product development and digital solutions, offering turnkey services to global original equipment manufacturers (OEMs) and their tier-1 suppliers.<\/p>\n\n\n\n

Tata Technologies aims to generate value for their customers by aiding in the creation of safer, cleaner products that enhance the quality of life for end-users.<\/p>\n\n\n\n

Leveraging their extensive domain knowledge in the automotive sector, they've cultivated profound expertise, extending their services to adjacent industries like aerospace, transportation, and heavy construction machinery.<\/p>\n\n\n\n

Network and Presence<\/h2>\n\n\n\n

Tata Technologies stands as the 15th largest IT company in the Fortune India Infotech Industry ranking. Operating across 25 countries, they boast a workforce of over 11,000 employees, with approximately 4,000 professionals worldwide. While the company is headquartered in Pune, its regional headquarters are located in the USA.<\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
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DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
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SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

Tata Technologies IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>November 22, 2023 to November 24, 2023<\/td><\/tr>
Listing Date<\/td>Tuesday, December 5, 2023<\/td><\/tr>
Face Value<\/td>\u20b92 per share<\/td><\/tr>
Price Band<\/td>\u20b9475 to \u20b9500 per share<\/td><\/tr>
Lot Size<\/td>30 shares<\/td><\/tr>
Total Issue Size<\/td>60,850,278 shares
(aggregating up to \u20b93,042.51 Cr)<\/td><\/tr>
Offer For Sale<\/td>60,850,278 shares
(aggregating up to \u20b93,042.51 Cr)<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>405,668,530<\/td><\/tr>
Share holding post issue<\/td>405,668,530<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Tata Technologies IPO Lot Size<\/h2>\n\n\n\n

Investors have the option to bid for a minimum of 30 shares and in multiples of this number. The table below outlines the minimum and maximum investments, both in terms of shares and amounts, for retail and high-net-worth individuals (HNIs).<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>30<\/td>\u20b915,000<\/td><\/tr>
Retail (Max)<\/td>13<\/td>390<\/td>\u20b9195,000<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>420<\/td>\u20b9210,000<\/td><\/tr>
S-HNI (Max)<\/td>66<\/td>1,980<\/td>\u20b9990,000<\/td><\/tr>
B-HNI (Min)<\/td>67<\/td>2,010<\/td>\u20b91,005,000 <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Tata Technologies IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 50% of the Net Issue<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 35% of the Net Issue<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Tata Technologies IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Wednesday, November 22, 2023<\/td><\/tr>
IPO Close Date<\/td>Friday, November 24, 2023<\/td><\/tr>
Basis of Allotment<\/td>Thursday, November 30, 2023<\/td><\/tr>
Initiation of Refunds<\/td>Friday, December 1, 2023<\/td><\/tr>
Credit of Shares to Demat<\/td>Monday, December 4, 2023<\/td><\/tr>
Listing Date<\/td>Tuesday, December 5, 2023<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on November 24, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
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Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

Tata Technologies Limited IPO Financial Information<\/h2>\n\n\n\n

Tata Technologies Limited witnessed a 25.81% surge in revenue, while its profit after tax (PAT) experienced a substantial 42.8% growth between the financial years ending March 31, 2023, and March 31, 2022.<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 Sept 2023<\/th><\/tr><\/thead>
Assets<\/td>3572.74<\/td>4218<\/td>5201.49<\/td>5142.42<\/td><\/tr>
Revenue<\/td>2425.74<\/td>3578.38<\/td>4501.93<\/td>2587.42<\/td><\/tr>
Profit After Tax<\/td>239.17<\/td>436.99<\/td>624.04<\/td>351.90<\/td><\/tr>
Net Worth<\/td>2142.15<\/td>2280.16<\/td>2989.47<\/td>2853.13<\/td><\/tr>
Reserves & Surplus<\/td>1897.46<\/td>2028.93<\/td>2605.60<\/td>2455.29<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - Tata Technologies IPO<\/h2>\n\n\n\n
KPI<\/th>Values<\/th><\/tr><\/thead>
P\/E (x)<\/td>32.53<\/td><\/tr>
Market Cap (Rs Cr.) <\/td>20,283.43<\/td><\/tr>
EPS (Rs)<\/td>15.37<\/td><\/tr>
RoNW<\/td>20.87%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The objectives of the Offer include:<\/p>\n\n\n\n