Tata Technologies Limited

Price
₹475 - ₹500
Lot
30
Subs.
69.43
Expected Listing Earning

Exp. Premium(GMP):
400.00(80.00%)
IPO Details

Open Date: 22-Nov-2023
Close Date: 24-Nov-2023
Allotment Date: 30-Nov-2023
Listing Date: 05-Dec-2023
Listing Price: ₹1191.85/-
Face Value: ₹2 Per Equity Share
Issue Price: ₹475-500 Per Equity Share
Issue Size: Total Issue Size 60,850,278 shares (aggregating up to ₹3,042.51 Cr) : Offer for Sale 60,850,278 shares of ₹2 (aggregating up to ₹3,042.51 Cr)
Market Lot (Min Amount): Retail - ₹15,000 : S-HNI - ₹210,000 : B-HNI - ₹1,005,000
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Emp

Total

Shares Offered/Reserved10,547,3827,910,53718,457,9192,028,34245,029,207
Day 1 - 22-11-23 
05:00 PM
4.08x11.93x6.05x1.27x6.34x
Day 2 - 23-11-23 
05:00 PM
8.55x31.19x11.56x2.47x15.10x
Day 3 - 24-11-23 
05:00 PM
203.41x62.11x16.50x3.70x69.43x
Total No. of Application:7,325,011 (Approx.)
Retail Subscription on the basis of Apps:11.91x
Valuations

Earning Per Share(EPS)₹15.37/-
P/E Ratio32.53
RoNW20.87%
Net Asset Value (NAV) - Post Issue:₹73.65/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,20235,201.494,501.93624.04
31 Mar,20224,218.003,578.38436.99
31 Mar,20213,572.742,425.74239.17
Promoter(s)

Pre Issue Share Holding100%
Post Issue Share Holding72.97%
Company Promoter(s)
  1.  Tata Motors Limiter
Issue Objective(s)

The objects of the Offer are:

  1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges;
  2. Carry out the Offer for Sale of up to 95,708,984 Equity Shares by the Selling Shareholders.
About Company

Incorporated in 1994, Tata Technologies Limited is a 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 aims to provide value for their customers by assisting them in the development of products that are safer, and 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, 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.

The competitive strength of the company lies in the following:

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

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