| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹3042.51 Cr |
| Offer for Sale | ₹3042.51 Cr |
| Face Value | โน2 Per Equity Share |
| Price Band | โน475.00-500.00 per share |
| Discount | Retail: 0.00,Employee: 0.00,ShareHolder: 0.00 |
| BSE Code | 544028 |
| NSE Code | TATATECH |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | JM Financial Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 30 shares and in multiples thereof
Founded in 1994, Tata Technologies Limited provides product development and digital solutions to Original Equipment Manufacturers (OEMs) and their Tier-1 suppliers.
Tata Technologies has two business verticals:
As of September 30, 2023, the company has 19 global delivery centers in North America, Europe, and Asia Pacific.
As at September 30, 2023, the company employed 12,451 people, including 11,608 full-time employees and 843 temporary workers.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges | |
| 2 | Carry out the Offer for Sale of 60,850,278*Equity Shares by the Selling Shareholder |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 5,142.42 | 5,201.49 | 4,218.00 | 3,572.74 |
| Total Income | 2,587.42 | 4,501.93 | 3,578.38 | 2,425.74 |
| Profit After Tax | 351.90 | 624.04 | 436.99 | 239.17 |
| NET Worth | 2,853.13 | 2,989.47 | 2,280.16 | 2,142.15 |
| Reserves and Surplus | 2,455.29 | 2,605.60 | 2,028.93 | 1,897.46 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| RoNW | 20.87% |
| PAT Margin | 14.14% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 15.37 | |
| P/E (x) | 32.53 | 28.82 |
| Promoter Holding | 66.79% | 55.39% |
| Market Cap | โน20283.43 Cr. | |