TATA Technologies IPO: The launch date for Tata Technologies’ IPO has not yet been set, but it is anticipated to occur soon after the company submitted its DRHP with SEBI. Tata Technologies’ IPO will sell up to 95,708,984 equity shares at a price of two rupees each in order to raise about [.] crores. The offer for sales includes up to 4.86 million equity shares from Tata Capital Growth Fund I, up to 9.72 million stakeholder shares from Alpha TC Holdings Pte. Retail gets 35%, QIB gets 50%, and HNI gets 15%.
TATA Technologies IPO Overview
| TATA Technologies Limited Company Overview | |
|---|---|
| Company Name | TATA Technologies Limited |
| IPO Opening Date | November, 2023 |
| IPO Closing Date | November, 2023 |
| Face Value | 2₹ Per Share |
| Share Price Range | [.]₹ |
| Lot Size | [.] |
| GMP | Check Here |
| Total IPO Issue Size | 95,708,984 Shares |
| Fresh Issue Size | 95,708,984 Shares |
| IPO Listing At | NSE, BSE |
| More IPO’s | Check Here |
TATA Technologies IPO Lot Size
| TATA Technologies Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 13 Lots |
| Minimum S-HNI Applications | 14 Lots |
| Maximum S-HNI Applications | 64 Lots |
| Minimum B-HNI Applications |
68 Lots |
| Total Shares In Single Lot | – |
| Amount For Single Lot | ₹- |
TATA Technologies IPO Time Table (Tentative)
| TATA Technologies Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | November, 2023 |
| IPO Ending Date | November, 2023 |
| Basis Of Allotment | November, 2023 |
| Initiation Of Refund | November, 2023 |
| Shares Credit To Demat Account | November, 2023 |
| Date Of Listing | November, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, November, 2023 |
TATA Technologies IPO Reservation Details
| TATA Technologies Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 35% Of Net Offer |
| Shares Offered To HNI | Not Less Than 15% Of Net Offer |
| Shares Offered To QIB | Not More Than 50% Of Net Offer |
TATA Technologies Company Financials
| TATA Technologies Limited Company Financials Information | |
|---|---|
| This Data Is Of | 31 March, 2023 |
| Total Revenue | – |
| Assets | – |
| Profit After Tax | – |
| Net Asset Value | 545.40 Rs Per Equity Share |
| Reserves And Surplus | – |
| Debt | – |
TATA Technologies Promoters Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | – |
TATA Technologies Key Performance Indicators
| TATA Technologies Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| P/E (X) | N/A |
| EPS | 10.77 |
| ROE | – |
| RONW | 19.67% |
What Is The Future Of TATA Technologies Stock?
According to the Fortune India Infotech Industry ranking, Tata Technologies is the fifteenth-largest IT company. They have around 11000 employees working for them throughout 25 countries, and there are about 4000 experts working for them globally. The company’s main office is in Pune, while regional offices are located throughout the USA.
In addition to offering solutions for :-
- Engineering and design.
- Product lifecycle management.
- Manufacturing, product development.
- IT service management.
Tata Technologies Limited is part of the Tata Group of companies. They serve manufacturers of original equipment and their suppliers in the automotive and aerospace sectors. They operate throughout the Asia Pacific, the Middle East, Europe, and North America.
What Is The Objective Of TATA Technologies IPO Issue?
Utilization of the Proceeds of the Offer by the Selling Shareholders & Offer Expenses.
How To Apply For TATA Technologies IPO?
You can use your bank account to apply for the Tata Technologies IPO online through ASBA. You can also use your stock brokerage to submit an online ASBA application via UPI. You can apply by completing the offline form and submitting it through your stock brokers.