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 |
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 |
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