Tata Technologies Limited IPO

Tata Technologies IPO

Tata Technologies Limited is a multinational product engineering company that offers services in engineering and design, product lifecycle management, manufacturing, product development, and IT service management. The company was incorporated in 1994 and has over 9,300 employees.
Tata Technologies offers product development and digital solutions to global original equipment manufacturers (OEMs) and their tier-1 suppliers. The company’s clients include JLR and Tata Motors.
The Tata Technologies IPO opens for subscription on November 22. The price band is set at Rs 475-500 per share. The issue comprises only an offer-for-sale (OFS) by the promoter and investors, and there is no fresh issue component.
The Tata Tech IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.

Tata Technologies Limited IPO Timeline

IPO Open Date22 Nov 2023
IPO Close Date24 Nov 2023
Allotment Date29 Nov 2023
IPO Listing Date30 Nov 2023

Tata Technologies Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 2 Per Equity Share
IPO PriceRs. 475 to Rs.500 Per Equity Share
Market Lot30 Share
Issue SizeApprox. Rs. 3042 Crore.

Tata Technologies Limited IPO Lot Size

Minimum130Rs. 15000
Maximum13390Rs. 195000
Small HNI (Minimum)14420Rs. 210000
Big HNI (Minimum)671980Rs. 1005000

Tata Technologies Limited IPO Details Allotment Status

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets5201.494218.003572.74
Total Revenue4501.933578.382425.74
Profit After Tax624.04436.99239.17
for accurate figures follow the company financials.

Company Promoters:

Tata Motors Limited is the Promoter of the company.

Purpose of the issue

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

Registrar & Company Details

Company Contact InformationIPO Registrar
Tata Technologies Limited

Plot No. 25,
Rajiv Gandhi Infotech Park Hinjawadi,
Pune 411 057
Phone: +91 20 6652 9090
Email: ipo@tatatechnologies.com
Website: http://www.tatatechnologies.com/
Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: esaf.ipo@damcapital.in
Website: https://linkintime.co.in/mipo/ipoallotment.html

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