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Tata Technologies Ltd. IPO

The company is a global engineering services provider that specializes in product development and digital solutions for original equipment manufacturers (OEMs) and their tier 1 suppliers. With a focus on creating safer, cleaner, and higher quality products, the company leverages its deep expertise in the automotive industry to serve clients in adjacent industries, such as aerospace, transportation, and construction heavy machinery.

RHP
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DRHP
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Open Date

2023-11-22

Close Date

2023-11-24

IPO Details

Check out the issue details for Tata Technologies Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 500

Price Band

₹ 475 - 500

Issue Size

3042.51 Cr.

Issue Type

Book Built

Open

2023-11-22

Close

2023-11-24

Listingprice

₹ 1200

ListingGain

140.00%

Listing Date

2023-11-30

CMP

₹ 1009.75

Current Return

101.95%

News

Tata Technologies collaborates with Microsoft and Tata Motors18 Jun, 6:10PM Tata Technologies deploys SAP S/4 HANA for Mitsubishi Electric India 11 Jun, 9:50AM Tata Technologies informs about press release11 Jun, 9:46AM Tata Technologies informs about BRSR 25 May, 11:31AM Tata Technologies informs about AGM and annual report25 May, 10:26AM Tata Technologies informs about audio recording of investor presentation4 May, 4:08PM Tata Technologies informs about newspaper advertisement4 May, 12:36PM Tata Technologies - Quaterly Results3 May, 3:47PM Tata Technologies - Quaterly Results3 May, 3:47PM Tata Technologies - Quaterly Results3 May, 3:47PM Tata Technologies informs about board meeting19 Apr, 2:28PM Tata Technologies executes JV agreement with BMW Group2 Apr, 10:50AM Tata Technologies informs about postal ballot notice16 Mar, 1:00PM Tata Technologies signs MoA with Government of Telangana9 Mar, 4:36PM Tata Technologies, Agratas enter into collaboration25 Jan, 5:25PM Tata Technologies - Quaterly Results25 Jan, 4:35PM Tata Technologies - Quaterly Results25 Jan, 4:35PM Tata Technologies - Quaterly Results25 Jan, 4:35PM Tata Technologies informs about press release 14 Dec, 4:31PM Tata Technologies inaugurates Innovation Centre in Coimbatore14 Dec, 12:30PM

Company Financials

You can get the following financial statements of Tata Technologies Ltd. as of now.

Company Name

Tata Technologies Ltd.

Exchange

NSE: TATATECH BSE: 544028

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Subscription Details

The details about the Tata Technologies Ltd IPO is as:

  • The issue size of the IPO is 3042.51 Cr.
  • The price band for Tata Technologies Ltd IPO is Rs 475 to Rs 500.
  • The shares of Tata Technologies Ltd will list on 30th November 2023.
  • The latest tentative GMP or Grey Market Premium of Tata Technologies Ltd IPO is Rs 410.
  • The Shareholders Quota for Tata Technologies IPO is 6,085,027 Shares worth Rs 304.25 Cr.
  • The Employee Quota for Tata Technologies IPO is 2,028,342 Shares worth Rs 101.42 Cr.
  • The shares of Tata Technologies IPO is subscribed 69.43 times in total. It is highly oversubscribed.

 

Tata Technologies Ltd IPO Valuation

The approx valuation of Tata Technologies Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 500
Existing Shares (Qty) 40.56 Cr
Market Cap 20,280 Cr
EPS (FY23) Rs 15.38
PE Ratio 32.50x
Industry PE  59.78x

 

Tata Technologies Ltd IPO Issue Size

Tata Technologies Ltd IPO issue size is 3042.51 Cr.

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 3042.51 Cr

 

Tata Technologies Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of 30 shares and a maximum of 13 lots of 390 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 30 15,000
 Maximum 13 390 1,95,000

 

Tata Technologies Ltd IPO share offer

The shares of Tata Technologies IPO is subscribed 69.43 times in total. It is highly oversubscribed. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 203.41 Times
Non-Institutional Minimum 15% 62.11 Times
Retail Individual Minimum 35% 16.50 Times
Employee 20,28,342 Shares 3.70 Times
Others 60,85,027 Shares 29.20 Times
Total   69.43 Times

Allotment Details

Find below the dates for Tata Technologies Limited IPO:

Schedule Date
Basis of Allotment 28 November 2023
Refunds 29 November 2023
Credit to Demat Account 29 November 2023
IPO Listing Date 30 November 2023

 

Tata Technologies Limited IPO allotment is out. Check the allotment of Tata Technologies Limited IPO by clicking on the button below.

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Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1244.55 1050.84 1730.76 2112.28 2732.09
Total Expenditure 941.42 859.65 1421.22 1750 2239.85
Operating Profit 303.13 191.19 309.54 362.28 492.24
Other Income 150.62 24.71 37.57 42.7 405
Interest 8.85 10.62 14.48 11.66 11.63
Depreciation 59.96 53.65 49.84 61.17 66.18
Exceptional Items -1.34 -4.99 0 0 0
Profit Before Tax 383.6 146.64 282.79 332.15 819.43
Provision for Tax 91.68 38.43 64.27 88.12 132.04
Net Profit 291.92 108.21 218.52 244.03 687.39
Adjusted EPS (Rs.) 0.7 0.26 0.52 0.6 1.69

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 41.81 41.81 41.81 81.13 81.13
Total Reserves 718.57 829.31 742.15 938.76 1123.93
Borrowings 0 0 0 0 0
Other N/C liabilities 80.7 72.5 54.94 36.71 45.25
Current liabilities 157.53 934.09 1223.28 1486.47 1637.41
Total Liabilities 998.61 1877.71 2062.18 2543.07 2887.72
Assets
Net Block 190.77 159.8 183.93 178.07 209.01
Capital WIP 0.09 0.04 0.26 2.65 0
Intangible WIP 0.26 0.07 0 0.1 0
Investments 223.91 218.91 218.91 218.91 218.91
Loans & Advances 36.84 30.51 40.93 43.26 57.36
Other N/C Assets 6.29 7.64 36.59 78.37 118.12
Current Assets 540.45 1460.74 1581.56 2021.71 2284.32
Total Assets 998.61 1877.71 2062.18 2543.07 2887.72
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024
Other Income 16.23 9.33
Profit Before Tax 128.26 123.4
Tax 34.19 43.4
Profit After Tax 94.07 80
Adjusted EPS (Rs) 2.32 1.97

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 55.39 0
Dec 2023 55.39 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 383.6 146.64 282.79 332.15 819.43
Adjustment -72.58 55.92 62.46 45.46 -316.6
Changes in Assets & Liabilities -15.66 743.39 -638.18 62.19 -279.61
Tax Paid -78.84 -63.64 -76.9 -93.18 -136.45
Operating Cash Flow 216.52 882.31 -369.83 346.62 86.77
Investing Cash Flow 148.8 -684.08 158.93 26.96 430.73
Financing Cash Flow -311.08 -20.54 -19.2 -318.09 -523.6
Net Cash Flow 54.24 177.69 -230.1 55.49 -6.1
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