TATA Technologies IPO subscription is to open on Nov 22, 2023 and will close on Nov 24, 2023, the price band of the TATA Technologies IPO is fixed at ₹ 475 – ₹ 500.
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About TATA Technologies
TATA Technologies is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (“OEMs”) and their tier 1 suppliers. TATA Technologies endeavor to create value for the clients by helping them develop products that are safer, cleaner and improve the quality of life for their end-customers.
TATA Technologies has deep domain expertise in the automotive industry and leverage this expertise to serve the clients in adjacent industries, such as in aerospace and transportation and construction heavy machinery (“TCHM”). As a global organization, TATA Technologies bring together diverse teams from different parts of the world with multiple skill sets to collaborate in real time and solve complex engineering problems for the clients.
Objects of the Issue
- achieve the benefits of listing the Equity Shares on the Stock Exchanges; and
- carry out the Offer for Sale of up to 60,850,278 Equity Shares by the Selling Shareholders.
TATA Technologies Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in million) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 52,014.87 | 42,179.99 | 35,727.35 |
| Total income | 45,019.29 | 35,783.82 | 24,257.38 |
| Total Expenses | 37,057.78 | 29,915.26 | 21,050.58 |
| Profit After Tax | 6,240.37 | 4,369.91 | 2,391.73 |
TATA Technologies IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 60,850,278 Equity Shares of ₹2 (aggregating up to ₹ []) and an offer for sale of upto 46,275,000 equity shares |
| Issue Open Date | 22-Nov-23 |
| Issue Close Date | 24-Nov-23 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 475 – ₹ 500 |
| Face Value | ₹ 2 |
| Market Lot | 30 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 30 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | TATATECH |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
TATA Technologies IPO DRHP & RHP
TATA Technologies IPO DRHP
TATA Technologies IPO RHP
TATA Technologies IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 30 | 15,000 |
| Maximum | 13 | 390 | 195,000 |
TATA Technologies IPO Lead Managers
- JM Financial Limited
- Citigroup Global Markets India Private Limited
- BofA Securities India Limited
TATA Technologies IPO Registrar
TATA Technologies IPO Allotment Date, Listing Date and other Important Dates
| Details | Important Dates |
|---|---|
| Bid / Offer Opens on | 22-Nov-23 |
| Bid / Offer Closes on | 24-Nov-23 |
| Finalisation of Basis of Allotment | 30-Nov-23 |
| Initiation of refunds | 01-Dec-23 |
| Credit of the Equity Shares | 04-Dec-23 |
| Listing Date | 05-Dec-23 |
Company Registered and Corporate Office
Plot No. 25, Rajiv Gandhi Infotech Park,
Hinjawadi, Pune 411 057,
Maharashtra, India
Website: www.tatatechnologies.com
Company Promoters
- TATA Motors Limited
TATA Technologies IPO – FAQS
What is the TATA Technologies IPO Price?
The TATA Technologies IPO price band is ₹ 475 – ₹ 500 per share
When TATA Technologies IPO will open?
The TATA Technologies IPO opens on Nov 22, 2023 and closes on Nov 24, 2023
What is the lot size of TATA Technologies IPO?
The TATA Technologies IPO lot size is 30 Equity Shares and the minimum order quantity is 30 Equity Shares
Who is the Registrar for TATA Technologies IPO?
The Registrar for TATA Technologies IPO is Link Intime India Private Limited
How to apply in TATA Technologies IPO through UPI?
Check the step by step process here – Click here
How to apply in TATA Technologies IPO through Zerodha?
Check the step by step process here – Click here
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