Tata Technologies Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 21-11-2023 | 23-11-2023 | 2 | 475 | 30 Shares | BSE SME | 60,850,278 shares (aggregating up to ₹3,042.51 Cr) | 2023-11-29 18:30:00 | 2023-11-30 18:30:00 | 2023-12-03 18:30:00 | 04-12-2023 |
About The Company
Tata Technologies IPO is a book built issue of Rs 3,042.51 crores. The issue is entirely an offer for sale of 6.09 crore shares.
Tata Technologies IPO opens for subscription on November 22, 2023 and closes on November 24, 2023. The allotment for the Tata Technologies IPO is expected to be finalized on Thursday, November 30, 2023. Tata Technologies IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 5, 2023.
Tata Technologies IPO price band is set at ₹475 to ₹500 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹15,000. The minimum lot size investment for sNII is 14 lots (420 shares), amounting to ₹210,000, and for bNII, it is 67 lots (2,010 shares), amounting to ₹1,005,000.
Jm Financial Limited, Citigroup Global Markets India Private Limited and Bofa Securities India Limited are the book running lead managers of the Tata Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 29-09-2023 | 5142 | 2587 | 352 | 2853.13 | 2455.29 | 0 |
| 30-03-2023 | 5201 | 4502 | 624 | 2989.47 | 2605.6 | 0 |
| 30-03-2022 | 4218 | 3578 | 437 | 2280.16 | 2028.93 | 0 |
| 30-03-2021 | 3573 | 2426 | 239 | 2142.15 | 1897.46 | 0 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 3.96 |
| Non-Institutional Buyers | 9.28 |
| Retail Investors | 4.42 |
| Employees | 0.85 |
| Total ** | 5.09 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | 15000 |
| Retail (Max) | 13 | 390 | 195000 |
| S-HNI (Min) | 14 | 420 | 210000 |
| S-HNI (Max) | 66 | 1980 | 990000 |
| B-HNI (Min) | 67 | 2010 | 1005000 |
IPO Listing Details
| Listing Date | 04-12-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Tata Motors Limited is the Promoter of the company.
Contact Information of the Company
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/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: tatatechnologies.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
IPO Lead Manager
Jm Financial Limited Citigroup Global Markets India Private Limited Bofa Securities India Limited