Tata Technologies Ltd. IPO
Issue Price
₹500
GMP
—
Lot Size
30
Face Value
₹2
Issue Size
60,850,278 shares (aggregating up to ₹3,043 Cr)
Subscription
—
IPO Timeline
Open Date22-Nov-23
Close Date24-Nov-23
Allotment28-Nov-23
Refund Initiation29-Nov-23
Demat Credit29-Nov-23
UPI Mandate Deadline24-Nov-23
Listing Date30-Nov-23
Lock-in (30%)28-Dec-23
Lock-in (50%)26-Feb-24
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 26,368,453 (43%) | — | ₹131,842 Cr |
| NII (HNI) | — | 7,910,537 (13%) | — | ₹39,553 Cr |
| Retail | — | 18,457,919 (30%) | — | ₹92,290 Cr |
| Employee | — | 2,028,342 (3%) | — | ₹1,014 Cr |
| Σ Total | — | 60,850,278 (100%) | — | ₹3,042,514 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹500
Face Value₹2
Lot Size30 shares
Issue Size60,850,278 shares (aggregating up to ₹3,043 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeOffer For Sale
Script Code—
Net Offer to Public—
Amount InCrore
Stock Price History · BSE
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H—
L—
O—
Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹15,000 |
| Retail (Max) | 13 | 390 | ₹195,000 |
| S-HNI (Min) | 14 | 420 | ₹210,000 |
| B-HNI (Min) | 67 | 2,010 | ₹1,005,000 |
Retail1 lot(s)30 shares₹15,000
S-HNI14 lot(s)420 shares₹210,000
B-HNI67 lot(s)2,010 shares₹1,005,000
Financial Statements Amount in Crore
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 2,587 | 4,502 | 3,578 |
| Profit After Tax | 352 | 624 | 437 |
| Net Worth | 2,853 | 2,989 | 2,280 |
| Total Assets | 5,142 | 5,201 | 4,218 |
| Reserves & Surplus | 2,455 | 2,606 | 2,029 |
Valuation & Key Ratios
ROE—
ROCE—
RONW21%
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS₹15
Post EPS—
Pre P/E33
Post P/E29
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Achieve the benefits of listing the Equity Shares on the Stock Exchanges –
- 2 Carry out the Offer for Sale of 60,850,278*Equity Shares by the Selling Shareholder –
Company Overview
Founded in 1994, Tata Technologies Limited provides product development and digital solutions to Original Equipment Manufacturers (OEMs) and their Tier-1 suppliers.
Tata Technologies has two business verticals:
- Services: This involves outsourcing engineering services and digital transformation services to global manufacturing customers to help them conceptualize, design, develop, and deliver better products.
- Technology solutions: This involves the resale of third-party software applications, including software and solutions for product lifecycle management (PLM), as well as the provision of value-added services such as consulting, implementation, system integration, and support. In addition, the company offers Phygital (physical plus digital) educational solutions, that help public and private institutions and companies improve their manufacturing skills in the latest engineering and manufacturing technologies through the development of curriculum and centers of excellence via the company's proprietary iGetIT platform.
As of September 30, 2023, the company has 19 global delivery centers in North America, Europe, and Asia Pacific.
As at September 30, 2023, the company employed 12,451 people, including 11,608 full-time employees and 843 temporary workers.
Company Information
AddressPlot No. 25, Rajiv Gandhi Infotech Park Hinjawadi, Pune 411 057 Pune, Maharashtra
Phone+91 20 6652 9090