Tata Technologies Limited
Tata Technologies is a leading global engineering services company that provides product development and digital solutions, including turnkey offerings, to original equipment manufacturers (OEMs) and Tier 1 suppliers around the world. With over two decades of experience, the company has built deep domain expertise in the automotive industry and leverages this strength to serve clients in related sectors such as aerospace, transportation, and construction heavy machinery. Operating through a globally distributed execution model, Tata Technologies combines the advantages of onshore client proximity with offshore delivery efficiency. This approach allows the company to offer high-value, customized solutions that drive innovation, accelerate product development, and enhance operational performance for its global clientele.
Price Band₹475 - ₹500 |
Dates22 Nov - 24 Nov |
GMP₹700 (140.00%) |
Subscriptions69.43 times |
Issue Size₹3,042.51 Crs |
Tata Techologies IPO Objects
- The issue is a complete Offer for Sale (OFS). The company will not receive any funds from the issue, entire proceeds will be received by the Selling Shareholder(s).
Tata Techologies IPO Details
Price Band₹475 - ₹500 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹0.00 (0.00 Shares) |
Offer For Sale₹3,042.51 Cr (6.09 Cr Shares) |
Total Issue₹3,042.51 Cr (6.09 Cr Shares) |
Face Value₹2 per equity share |
Tata Techologies IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
30
15,000
Maximum
13
390
1,95,000
|
|||
| Small HNI |
Minimum
14
420
2,10,000
Maximum
66
1,980
9,90,000
|
|||
| Big HNI |
Minimum
67
2,010
10,05,000
|
|||
Tata Techologies IPO Subscription
Updated as on 24-Nov-2023 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 203.41 | 1,05,47,382 | 2,14,53,93,930 |
| NII | 62.11 | 79,10,537 | 49,13,23,830 |
| bNII (bids above ₹10L) | 70.67 | 52,73,691 | 37,27,14,120 |
| sNII (bids between ₹2L to ₹10L) | 44.98 | 26,36,846 | 11,86,09,710 |
| Retail | 16.50 | 1,84,57,919 | 30,46,16,550 |
| Employee | 3.70 | 20,28,342 | 75,02,010 |
| Others | 29.20 | 60,85,027 | 17,76,55,920 |
| Total | 69.43 | 4,50,29,207 | 3,12,64,92,240 |
Tata Techologies IPO GMP
The estimated Grey Market Premium of Tata Techologies IPO is ₹700 per share (140.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | 20,28,342 Equity Shares |
| Shareholder | 60,85,027 Equity Shares |
Tata Techologies IPO Financials
| Particulars | Sep-23 | Mar-23 | Mar-22 | Mar-21 |
|---|---|---|---|---|
| Revenue from Operations | 2,526.70 | 4,414.18 | 3,529.58 | 2,380.91 |
| Profit after Tax | 351.90 | 624.04 | 436.99 | 239.17 |
| Net Worth | 2,853.13 | 2,989.47 | 2,280.16 | 2,142.15 |
| Total Borrowing | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 5,142.42 | 5,201.49 | 4,218.00 | 3,572.74 |
| NAV per share (in ₹) | 70.33 | 73.68 | 56.19 | 52.79 |
| EPS - Basic (in ₹) | 8.67 | 15.38 | 10.77 | 5.89 |
- The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 18.60% |
| PAT | 14.14% |
| RONW | 20.87% |
| PE Ratio | 32.51 |
| PB Ratio | 6.79 |
| Mkt Cap (in Crs.) | 20,283.43 |
- All information pertains to FY 2022-23.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Tata Techologies IPO Peer Comparision
| Particulars | Tata Tech | KPIT Tech | L&T Tech | Tata Elxsi |
|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 4,414.18 | 3,365.04 | 8,013.60 | 3,144.72 |
| PAT (In Crs.) | 624.04 | 386.86 | 1,169.80 | 755.20 |
| EPS - Basic | 15.38 | 14.10 | 110.80 | 121.26 |
| NAV per share | 73.68 | 61.58 | 470.66 | 334.92 |
| RONW | 20.87% | 22.91% | 23.54% | 36.21% |
| EBITDA | 18.60% | 18.88% | 21.35% | 30.56% |
| PAT Margin | 14.14% | 11.50% | 14.60% | 24.01% |
| Price to earning (PE) | 32.51 | 80.31 | 37.47 | 61.55 |
- All information pertains to FY 2022-23.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 26, 2023 for Peers
Tata Techologies IPO Peer Comparision
| Particulars | Tata Tech |
|---|---|
| Revenue from Ops (in Crs.) | 4,414.18 |
| PAT (In Crs.) | 624.04 |
| EPS - Basic | 15.38 |
| NAV per share | 73.68 |
| RONW | 20.87% |
| EBITDA | 18.60% |
| PAT Margin | 14.14% |
| Price to earning (PE) | 32.51 |
| KPIT Tech | L&T Tech | Tata Elxsi |
|---|---|---|
| 3,365.04 | 8,013.60 | 3,144.72 |
| 386.86 | 1,169.80 | 755.20 |
| 14.10 | 110.80 | 121.26 |
| 61.58 | 470.66 | 334.92 |
| 22.91% | 23.54% | 36.21% |
| 18.88% | 21.35% | 30.56% |
| 11.50% | 14.60% | 24.01% |
| 80.31 | 37.47 | 61.55 |
- All information pertains to FY 2022-23.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 26, 2023 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Tata Motors Limited | 65% |
| TPG Rise Climate SF Pte. Ltd. | 9% |
| Alpha TC Holdings Pte. Ltd. | 7% |
| Tata Capital Growth Fund I | 4% |
| Others | 15% |
Management Details
| Name | Designation |
|---|---|
| Warren Kevin Harris | MD & CEO |
| Ajoyendra Mukherjee | Chairman |
| Savitha Balachandran | CFO |
Company Details
Name: Tata Technologies Limited
Address: Plot No. 25
Rajiv Gandhi Infotech Park
Hinjawadi Pune 411 057
Maharashtra, India
Number: +91 20 6652 9090
Email: ipo@tatatechnologies.com
Website: www.tatatechnologies.com
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Find answers to common questions that come in your mind related to IPO.
Tata Techologies IPO is a Mainboard IPO having an issue size of Rs. ₹3,042.51 Crs. Tata Techologies IPO is priced at ₹475 - ₹500 per share. The issue opens on 22 Nov 23 and closes on 24 Nov 23.
Tata Techologies IPO opens on 22 Nov 23 and closes on 24 Nov 23.
The estimated Grey Market Premium of Tata Techologies IPO is ₹700 per share (140.00%).
The minimum lot size of Tata Techologies IPO is 30 shares & the minimum application amount is Rs. 15000.
The allotment date of Tata Techologies IPO is 30 Nov 23.
The listing date of Tata Techologies IPO is 05 Dec 23.
Tata Techologies IPO is subscribed 69.43 times.
Tata Techologies IPO is priced at ₹475 - ₹500 per share.
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