TATA Technologies IPO Date, Price, Review
TATA Technologies IPO: Know everything about TATA Technologies IPO. TATA Technologies Limited IPO Date, TATA Technologies IPO Review and analysis. We will discus about TATA Technologies IPO Benefits & Risks. Also, all information related to TATA Technologies IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
TATA Technologies IPO
TATA Technologies Limited is a global engineering and IT services company headquartered in Pune, India. TATA Technologies Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs - crore through IPO (Initial public offering).
TATA Technologies IPO will open on - July 2023 and close on - July 2023. The price band of the TATA Technologies IPO is ₹- to ₹-. TATA Technologies IPO size is - Crores. The offer includes - Crores under fresh issue and - Crores under offer for sale. TATA Technologies IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. TATA Technologies IPO listing date is - July 2023. You can know about TATA Technologies IPO GMP (Grey Market Premium) below.
TATA Technologies has given good financial performance. The company made a profit of ₹- crores in the financial year 2022 (March 2022). The IPO of TATA Technologies will be listed on NSE and BSE. TATA Technologies IPO face value is ₹10 per equity share.
We will talk about TATA Technologies' financials, benefits, and risks of investing in the company.
About TATA Technologies International Ltd
Founded in 1989, TATA Technologies provides engineering and design services, product lifecycle management (PLM), manufacturing and PLM software solutions, and IT services to various industries, including automotive, aerospace, industrial machinery, consumer goods, and healthcare. The company has a strong presence in North America, Europe, and the Asia-Pacific region, with over 9,000 employees across 23 countries. It is a subsidiary of TATA Motors, a leading automotive manufacturing company, and part of the TATA Group, one of India's largest multinational conglomerates.
TATA Technologies offers a wide range of services to its clients, including product design and development, virtual product simulation, manufacturing engineering, embedded systems development, and enterprise IT solutions. The company leverages its expertise in engineering and IT to help organizations improve their product development processes, reduce time to market, enhance product quality, and increase operational efficiency.
TATA Technologies has established partnerships with leading technology companies, including Siemens, Dassault Systèmes, and Microsoft, to enhance its service offerings and deliver cutting-edge solutions to its clients. It has also collaborated with academic institutions and research organizations to foster innovation and talent development in the engineering and IT sectors.
TATA Technologies has established partnerships with leading technology companies, including Siemens, Dassault Systèmes, and Microsoft, to enhance its service offerings and deliver cutting-edge solutions to its clients. It has also collaborated with academic institutions and research organizations to foster innovation and talent development in the engineering and IT sectors.
The company has received numerous accolades for its contributions to the industry, including awards for innovation, excellence in engineering, and customer satisfaction. TATA Technologies continues to expand its global footprint and invest in emerging technologies like artificial intelligence, machine learning, and digital transformation to meet the evolving needs of its clients and stay at the forefront of the engineering and IT services industry.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements.
- To meet general corporate objectives.
TATA Technologies IPO Date and Price Band Details
| IPO Open: | July 2023 |
| IPO Close: | July 2023 |
| Listing Date: | July 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹- crores |
| Fresh Issue: | Approx ₹- crores |
| Offer For Sale: | Approx ₹- crores |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
TATA Technologies IPO Lot Size Details
| Minimum Lot: | 01 |
| Minimum Lot Size: | [.] Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 13 |
| Maximum Lot Size: | [.] Shares |
| Maximum Amount: | ₹- |
TATA Technologies IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | July 2023 |
| IPO Closing Date: | July 2023 |
| Basis of Allotment: | July 2023 |
| Refund Date: | July 2023 |
| Credit to Demat Account: | July 2023 |
| Listing Date: | July 2023 |
TATA Technologies IPO Review
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You can also check the latest IPO subscription status and IPO allotment status of TATA Technologies IPO on our website.
TATA Technologies Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- Tata Technologies is a subsidiary of TATA Motors and part of the esteemed TATA Group. The company has a long-standing presence in the engineering and IT services industry, with over three decades of experience. Its association with the TATA brand brings credibility and stability.
- Tata Technologies provides a comprehensive range of engineering and IT services, catering to various industries. Its diverse service portfolio enables the company to tap into multiple sectors and potentially benefit from a broader client base.
- Tata Technologies has a strong global presence, with operations in multiple countries. This global reach allows the company to access diverse markets and capitalize on growth opportunities across different regions.
- The company has an experienced and dedicated senior management team.
- The company has established partnerships with leading technology companies, such as Siemens and Dassault Systèmes. These collaborations provide access to advanced technologies, expertise, and a wider customer base, enhancing Tata Technologies' competitive advantage.
Risks
- Dependency on Automotive Industry: While Tata Technologies serves various industries, it has a significant presence in the automotive sector. The company's performance could be affected by fluctuations in the automotive industry, including changes in consumer demand, regulatory changes, and supply chain disruptions.
- The engineering and IT services industry is highly competitive, with numerous players vying for market share. Tata Technologies faces competition from both established companies and emerging startups. Market dynamics and pricing pressures could impact the company's profitability.
- Tata Technologies operates globally, which exposes it to currency exchange rate fluctuations. These fluctuations can impact the company's financial results, particularly when dealing with international clients or operating in countries with volatile currencies.
TATA Technologies Ltd Financials
TATA Technologies Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| Mar 2020 | ₹2572.97 | ₹2896.96 | ₹251.57 |
| Mar 2021 | ₹3572.74 | ₹2425.74 | ₹239.17 |
| Mar 2022 | ₹4218.00 | ₹3578.38 | ₹436.99 |
| Dec 2022 | ₹4640.68 | ₹3052.30 | ₹407.47 |
Promoters
- TATA Motors Limited
Contact Details of TATA Technologies
Plot No. 25, Rajiv Gandhi Infotech Park,
Hinjawadi, Pune 411 057,
Maharashtra, India
Telephone: +91 20 6652 9090
E-mail: ipo@tatatechnologies.com
Website: www.tatatechnologies.com
TATA Technologies Lead Managers
- JM Financial Limited
- BofA Securities India Limited
- Citigroup Global Markets India Private Limited
TATA Technologies IPO Registrars
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: tatatechnologies.ipo@linkintime.co.in
Website:www.linkintime.co.in
Conclusion
Looking at the financial position of the company, the track record has been great In the financial year 2022, the company had a profit of Rs 436.99 crore. The company operates in many different sectors. After 18 years, the IPO of Tata Group's company is coming into the market. Our suggestion will be updated when the TATA Technologies Limited IPO starts. TATA Technologies Limited IPO financial details and other information are given above.
TATA Technologies IPO FAQs
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1 Comments
Thanks for amazing IPO details like Strength, Risk, Review and Rating.
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