IPO

Tata Technologies Limited IPO

Mainboard

Diversified

Listed On: Nov 30, 2023 at ₹ 1200.0(NSE)

₹ 15000 /30 Shares

Check Allotment

22 Nov, 2023

Open Date

24 Nov, 2023

Close Date

29 Nov, 2023

Allotment Date

30 Nov, 2023

Listing Date
Price Summary

Last Closing

654.95 (30.99%)

52 Week High

922.90

52 Week Low

597.00

Last Update

19-Dec-2025 3:30 PM
Tata Technologies Limited IPO Issue Details
  • Issue Price ₹475-500 per equity share
  • Face Value ₹2 Per Equity Share
  • Issue Price OFS : 60,850,278 shares of ₹2(aggregating up to ₹3042.51 Cr)
  • Listing at BSE, NSE
  • List Price 1200.0(NSE)
  • Listing Date 2023-11-30
  • Lead Manager Jm Financial Limited
    Citigroup Global Markets India Private Limited
    Bofa Securities India Limited
  • Registrar Link Intime India Private Ltd
Tata Technologies Limited IPO Details
  • Retail Portion 35% (Number of Retail Applications: 6,15,264 Approx),
    (Number of S-HNI Applications : 6,278 Approx),
    (Number of B-HNI Applications : 12,556 Approx)
Tata Technologies Limited IPO Documents
DRHP
RHP
ANCHOR
Tata Technologies Limited IPO Details


The IPO of Tata Technologies Limited is priced at ₹475-500 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Nov 22, 2023 and ends on Nov 24, 2023. The allotment for Tata Technologies Limited IPO will be finalized on Nov 29, 2023. Tata Technologies Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 30, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Jm Financial Limited, Citigroup Global Markets India Private Limited, Bofa Securities India Limited.


The Tata Technologies Limited IPO sets its price band at 475-500 for each share. A single application for Tata Technologies Limited IPO must contain at least 30 shares.

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Tata Technologies Limited IPO Subscription Analysis And Details
Retail
16.50x
QIB
203.41x
NII
62.11x
bNII
70.67x
sNII
44.98x
Total
69.43x
As on QIB NII
bNII   sNII 		Retail Employee Total
Shares Offered / Reserved 10,547,382 7,910,537
5,273,691    2,636,846 		18,457,919 2,028,342 45,029,207
Day 1 22-11-23 05:00 PM
4.08 x 11.69
12.00 x   11.07 x 		5.44 x 1.11 x 6.55 x
Day 2 23-11-23 05:00 PM
8.55 x 31.04
32.74 x   27.64 x 		11.20 x 2.36 x 14.86 x
Day 3 24-11-23 05:00 PM
203.41 x 62.11
70.67 x   44.98 x 		16.5 x 29.20 x 69.43 x
Total No of Applications
7,325,011
Subscription on the basis of Applications
11.91
Tata Technologies Limited Valuations
Earnings Per Share (EPS) ₹15.37/-
P/E Ratio 32.53
RoNW 20.87%
Net Asset Value (NAV) - As on 31.03.23 ₹73.65
Tata Technologies Limited Company Financials
In Crs.
In Cr.
31-Mar-23 31-Mar-22 31-Mar-21 31-Mar-20
Assets 5,201.49 4,218.00 3,572.74 2,572.97
Revenue 4,501.93 3,578.38 2,425.74 2,896.96
Profit After Tax 624.04 436.99 239.17 251.57
About Tata Technologies Limited Company

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.

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Tata Technologies Limited - Promoter(s)

Tata Motors Limited

Pre Issue Share Holding : 66.79%

Post Issue Share Holding : 55.39%

Tata Technologies Limited IPO - Issue Objectives
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 - Anchor Investors

Tata Technologies IPO | Anchor investors pick Rs 791 crore worth of shares.

Global investors like Goldman Sachs, Government Pension Fund Global, BNP Paribas Funds, Prudential Assurance Company, HSBC Global, Florida Retirement System, Oaktree Emerging Markets Equity Fund, Brinker Capital Destinations Trust, Great Eastern Life-Singapore Life Insurance Fund, RBC Asia Pacific Ex-Japan Equity Fund, and Copthall Mauritius Investment participated in the anchor book.

Domestic mutual funds and insurance companies, including SBI Mutual Fund, ICICI Prudential Mutual Fund, Nippon Life, Aditya Birla Sun Life Trustee, Franklin Templeton Mutual Fund, SBI Life Insurance Company, Kotak Mutual Fund, DSP Mutual Fund, HDFC Life Insurance Company, Mirae Asset Mutual Fund, Bandhan Mutual Fund, Edelweiss Trusteeship, Motilal Oswal Mutual Fund, Sundaram Mutual Fund, Axis Mutual Fund, Canara Robeco Mutual Fund, Kotak Mahindra Life Insurance Company, JM Financial Mutual Fund, Bajaj Allianz Life Insurance Company, and Bharti Axa Life Insurance Company also invested in the Pune-based firm.

Tata Technologies Limited IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Tata Technologies 7.12 32.53 20.9% 4,501
KPIT Technologies 21.8 83.1 25.7% 3,365
L&T Technology 9.78 36.9 25.0% 8,014
Tata Elxsi 25.1 67.1 41.1% 3,144