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Tata Technologies IPO
Tata Technologies Private Limited
Tata Technologies IPO Details
Tata Technologies is one of the leading information technology companies in the world. Owned by Tata Motors, their services include digital solutions, turnkey solutions, and technology outsourcing.
The business is divided into two segments, technology solutions and services. On 10th March 2023, the company sent a request to SEBI about launching its IPO.
Some of the essential details of the IPO include the following -
-> The exact date of the Tata Technologies IPO is yet to be decided and announced. Investment per lot is around INR 7.40 per share.
-> Tata aims to get listed on both NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
-> Tata Motors plans to sell approximately 81.13 million shares, and Alpha TC Holdings Pte might sell 9.72 million shares. Moreover, Tata Capital Growth Fund will sell around 4.86 million shares. Tata Technologies' issue price might be approximately between INR 30-40 per share.
-> As the market capital of Tata Industries is almost INR 18,000 – 20,000 crores, one share might be around INR 500.
Tata Techonologies Strengths
The company's services assist original equipment manufacturers in the automotive, manufacturing, engineering, aerospace, and IT domains. With a global workforce of almost 9300, they have science in North America, Europe, and Asia Pacific.
For the financial year 2020-21, the company had a net profit of INR 239.2 crore and an income of INR 2,425.7 crore. Key strengths of the IPO are –
Huge industry coverage, including Digital Enterprises Solutions, research and development, and industrial machinery.
The company has been collaborating with automobile manufacturers from the USA, Sweden, Japan, India, and China.
They will develop modern technology for aerospace engineering and automobile manufacturing.
The firm has expanded into embedded electronics.
The IPO has an approximate market capitalization of INR 35,339 crore. As Tata Group is famous for its investor-friendly practices, the IPO will have a reasonable price. So, most investors are intrigued by the amazing prospects of this IPO.
Tata Techonologies Weakness
Although the IPO has great prospects, there are a few drawbacks that need to be considered before investing.
The firm acquires most of its revenue from the automobile industry. So, the market conditions of the industry can affect the company’s cash flow directly.
In addition, the pandemic has affected the company’s net profit and revenue in the past year.
Exchange rate fluctuations and currency volatility can affect the company’s profitability.
Plus, as more IT companies emerge, there always remains a competitive threat from these entrants.Tata Technologies Revenue & Profit
+2.852 | 0.252 |
+2.380 | 0.239 |
+3.529 | 0.437 |
+1.887 | 0.624 |
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Tata Technologies IPO Dates
| Open Date | 22 November , 2023 |
| Close Date | 24 November , 2023 |
| IPO Allotment Date | 30 November , 2023 |
| Initiation of Refunds | To be announced |
| Credit of Shares | 4th December , 2023 |
| Listing Date | 5th December , 2023 |
Tata Technologies IPO Lot Size
| Minimum Lot Size | 30 |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for Tata Technologies IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
Tata Technologies IPO Subscription Breakup
| QIBs | To be announced |
| Non-Institutional Investors | To be announced |
| Retail Investors | To be announced |
How to Apply for Tata Technologies IPO?
Step 1
First, you need to visit the IPO section in our Choice FinX app.
Step 2
Then, click on the 'More' option to view the Invest in IPO section.
Step 3
Open the Tata Technologies IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on apply button.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Tata Technologies IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.