Use app for best experience!
Available for Android Device.

Tata Technologies Limited IPO Detail

Tata Technologies Limited IPO Detail

Incorporated in 1994, Tata Technologies Limited is a leading global engineering services company. They offer product development and digital solutions. This includes turnkey solutions, to global original equipment manufacturers (OEMs) and their tier-1 suppliers.

Tata Technologies aspire to create value for their customers by assisting them in the development of products that are safer, cleaner and improve the quality of life for the end customers.

With their deep domain expertise in the automotive industry, they have gained high expertise to serve clients in adjacent industries also, such as aerospace and transportation and heavy construction machinery.

The operation of Tata Technologies Limited is spread globally. They bring together diverse teams from different parts of the world with varied skill sets to collaborate in real time and solve complex engineering problems.

Company Promoters

Tata Motors Limited

IPO Details

IPO Opening DateNov 22, 2023
IPO Closing DateNov 24, 2023
Issue TypeBook Built Issue IPO
Face Value₹2 per equity share
IPO Price ₹475 - 500 per equity share
Market Lot30 Shares
Min Order Quantity30 Shares
Listing AtBSE, NSE
Issue Size₹3,042.51 Cr
Fresh Issue-
Offer for Sale₹3,042.51 Cr
Retail Portion 35%

IPO Subscription (Bidding Detail)

Day 1 4.08x 11.93x 6.05x 1.27x 5.61x 6.34x
Day 2 8.55x 31.19x 11.56x 2.47x 20.48x 15.10x
Day 3 203.41x 62.11x 16.50x 3.70x 29.20x 69.43x

IPO Tentative Timetable

The Tata Technologies Limited IPO open date is Nov 22, 2023, and the close date is Nov 24, 2023. The issue may list on Nov 30, 2023.

IPO Open DateNov 22, 2023
IPO Close DateNov 24, 2023
Basis of Allotment DateNov 29, 2023
Initiation of RefundsNov 29, 2023
Credit of Shares to Demat AccountNov 29, 2023
IPO Listing DateNov 30, 2023

IPO Lot Size

The Tata Technologies Limited IPO market lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹195000).

ApplicationLotsSharesAmount (Cut-off)

IPO Promoter Holding

Pre Issue Share Holding66.79%
Post Issue Share Holding55.39%

Company Financials:

For the year/period ended (₹ in Cr.)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-20 2,572.97 2,896.96 251.57
31-Mar-21 3,572.74 2,425.74 239.17
31-Mar-22 4,218.00 3,578.38 436.99
31-Dec-22 4,640.68 3,052.30 407.47

Objects of the Issue:

The objects of the Offer are:

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

Tata Technologies Limited IPO Registrar:

Link Intime India Private Ltd

Tata Technologies Limited IPO Lead Manager(s):

Jm Financial Limited, Citigroup Global Markets India Private Limited, Bofa Securities India Limited

Company Contact Information:

Tata Technologies Limited

Plot No. 25,

Rajiv Gandhi Infotech Park Hinjawadi,

Pune 411 057