₹ 15000 / 30 shares
IPO Details
RHP/DRHPIssue Date
22 Nov - 24 Nov'23
Investment/lot
₹ 15000
Price Range
475 - 500
Lot Size
30
IPO Size
₹ 3042.51 Cr
IPO Listing Details
Listing On
30 Nov'23
Issue Price
500
Listed Price
₹ 1200
Retail Gain/Listing Gain
▲140.00%
IPO Timeline
Tata Technologies IPO Review | Issue details & other information
Kotak Securities
•03m 25s
About Tata Technologies
Tata Technologies Limited 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 (Source: Zinnov Report).
The company has deep domain expertise in the automotive industry and leverages this expertise to serve clients in adjacent industries, such as aerospace and transportation, and construction heavy machinery (TCHM).
As a part of the Tata Group, they belong to a conglomerate acknowledged as the most valuable brand in India by Brand Finance, a prominent international brand valuation agency (Source: Brand Finance India 100 2022 report). Operating as a subsidiary of Tata Motors Limited (TML), they enjoy the advantages of enduring relationships with both TML and JLR.
Risk Factors
- The company will not receive any proceeds from the offer for sale.
- The company faces significant employee-related regulatory risks, and significant disputes with employees and/or concerned regulators may adversely affect business prospects, cash flows, results of operations and financial condition.
- Operational risks are present in the business, as it includes providing services in different business environments.
Key Strategies
- Deepen engagements within the existing client base.
- Target top ER&D spenders in select high-priority verticals and key geographies.
- Expand capabilities in digital engineering and embedded systems.
How To Apply For Tata Technologies IPO?
Here are the steps to apply for Tata Technologies IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
Key Financials
Here are the key financials for Tata Technologies Limited:
Particulars (in Rs. million)
Particulars (in Rs. million)
How to apply for IPO through ASBA
Kotak Securities
•00m 59 s
How to apply for an IPO using UPI
Kotak Securities
•01m 19 s
How to apply for an IPO using UPI
Tata Technologies Ltd IPO FAQs
When is Tata Technologies Ltd IPO listing date?
Tata Technologies Ltd will list on 2023-11-30.
What is the issue size of Tata Technologies Ltd IPO?
3042.51 is the issue size of Tata Technologies Ltd IPO.
What is the minimum lot size required for Tata Technologies Ltd IPO?
The minimum lot size is 30 shares and the investment required is ₹15000.
What is the price band of the Tata Technologies Ltd IPO?
The price band of Tata Technologies Ltd IPO is ₹475 to ₹500.
Where can I read more about Tata Technologies Ltd business?
You can read more about Tata Technologies Ltd and its IPO from the company’s red herring prospectus (RHP) here.
When is Tata Technologies IPO allotment?
Tata Technologies IPO will be allotted on 30th November 2023.
When is Tata Technologies IPO listing date?
Tata Technologies will list on 5th December 2023.
What is the objective of Tata Technologies IPO?
The Tata Technologies IPO objective is to get its equity shares listed on stock exchanges and give a partial or full exit to the selling shareholders.
What is the issue size of Tata Technologies IPO?
3042.51 Crore is the issue size of Tata Technologies IPO.
Who are the book runners for Tata Technologies IPO?
JM Financial Limited, Citigroup Global Markets India Private Limited, and BofA Securities India Limited are the book runners for Tata Technologies IPO.
