Status
Listed
Price band
₹475–₹500
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
30 shares
Minimum money
₹15,000 for 1 lot
Issue size
₹3,042.51 crore
Dates
22 Nov 2023 – 24 Nov 2023
Official links
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Tata Technologies Ltd. IPO is listed. It opens on 22 Nov 2023 and closes on 24 Nov 2023. The price band is ₹475 to ₹500. One lot is 30 shares, and the minimum amount is ₹15,000. The issue size is ₹3,042.51 crore, with an offer for sale of ₹3,042.51 crore. In FY23, total income was ₹4,501.93 crore and profit after tax was ₹624.04 crore. Total income was up 25.8% from ₹3,578.38 crore in FY22. Profit after tax was up 42.8% from ₹436.99 crore in FY22.
The total subscription for Tata Technologies Ltd. is 69.43 times.
Tata Technologies Ltd. listed at ₹1,200.
Tata Technologies is a Tata Motors group company that provides engineering and product development services. Its customers are mainly automotive and aerospace makers.
Dates
Opens
22 Nov 2023
Closes
24 Nov 2023
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
28 Nov 2023
Refunds
29 Nov 2023
Demat credit
29 Nov 2023
Listing
30 Nov 2023
Subscription
Subscribed 69.43x overall. Final, as of 24 Nov 5 pm IST.
Total
69.43x
Issue structure
Offer for sale
₹3,042.51 crore
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹2
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹3,042.51 crore
- Exchanges
- BSE, NSE
- Registrar
- MUFG Intime India Pvt. Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY21 | ₹2,425.74 crore | ₹239.17 crore |
| FY22 | ₹3,578.38 crore | ₹436.99 crore |
| FY23 | ₹4,501.93 crore | ₹624.04 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY21 | ₹2,142.15 crore |
| FY22 | ₹2,280.16 crore |
| FY23 | ₹2,989.47 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY21 | 2,425.74 | 239.17 | 2,142.15 | — | — |
| FY22 | 3,578.38 | 436.99 | 2,280.16 | — | — |
| FY23 | 4,501.93 | 624.04 | 2,989.47 | — | — |
Listing
- Listing price
- ₹1,200
- Close on listing day
- ₹1,313
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 140% versus ₹500
Frequently asked questions
When does this issue open?
It opens on 22 Nov 2023 and closes on 24 Nov 2023.
What is the lot size and the minimum amount?
One lot is 30 shares. The minimum amount is ₹15,000 for 1 lot.
When are allotment and listing?
Allotment is on 28 Nov 2023. Listing is on 30 Nov 2023.
What is the price band?
The price band is ₹475 to ₹500.
What is the issue size?
The issue size is ₹3,042.51 crore.
How many times was it subscribed?
The total subscription is 69.43 times, checked 24 Nov 2023, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 140%.
This page is a calendar of dates and prices. It is not a recommendation to apply.