Tata Technologies Limited
- IPO Date22 Nov, 2023 to 24 Nov, 2023
- Listing Date05 Dec, 2023
- Face Value₹2 per share
- Issue Price₹475 to ₹500 per share
- Lot Size30 Shares
- Minimum Investment₹15,000
- Listing AtBSE, NSE
- Total Issue Size6,08,50,278 Shares
(aggregating up to ₹3042.51 Cr) - Fresh Issue-
- Offer for Sale6,08,50,278 Shares
(aggregating up to ₹3042.51 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue40,56,68,530
- Shareholding post issue40,56,68,530
IPO Dates
Closing Date
24 Nov, 2023
Initiation of Refunds
04 Dec, 2023
Listing Date
05 Dec, 2023
22 Nov, 2023
Opening Date
30 Nov, 2023
Basis of Allotment
04 Dec, 2023
Credit of Shares
Tata Technologies Limited Lot Size
Investors can bid for a minimum of 30 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹15,000 |
| B-HNI (Min) | 67 | 2010 | ₹10,05,000 |
| Retail (Max) | 13 | 390 | ₹1,95,000 |
| S-HNI (Min) | 14 | 420 | ₹2,10,000 |
| S-HNI (Max) | 66 | 1980 | ₹9,90,000 |
Tata Technologies Limited Promoter Holding
Tata Motors Limited is the Promoter of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 66.79% | 55.39% |
Tata Technologies Limited COMPANY INFORMATION
Tata Technologies IPO is a book built issue of Rs 3,042.51 crores. The issue is entirely an offer for sale of 6.09 crore shares. Tata Technologies IPO opens for subscription on November 22, 2023 and closes on November 24, 2023. The allotment for the Tata Technologies IPO is expected to be finalized on Thursday, November 30, 2023. Tata Technologies IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 5, 2023. Tata Technologies IPO price band is set at ₹475 to ₹500 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹15,000. The minimum lot size investment for sNII is 14 lots (420 shares), amounting to ₹210,000, and for bNII, it is 67 lots (2,010 shares), amounting to ₹1,005,000. Jm Financial Limited, Citigroup Global Markets India Private Limited and Bofa Securities India Limited are the book running lead managers of the Tata Technologies IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Tata Technologies IPO RHP for detailed information.
Incorporated in 1994, Tata Technologies Limited is a leading global engineering services company. They offer product development and digital solutions. This includes turnkey solutions, to global original equipment manufacturers (OEMs) and their tier-1 suppliers.
Tata Technologies aspire to create value for their customers by assisting them in the development of products that are safer, cleaner and improve the quality of life for the end customers.
With their deep domain expertise in the automotive industry, they have gained high expertise to serve clients in adjacent industries also, such as aerospace and transportation and heavy construction machinery.
The operation of Tata Technologies Limited is spread globally. They bring together diverse teams from different parts of the world with varied skill sets to collaborate in real time and solve complex engineering problems.
FAQs About Tata Technologies Limited
Tata Technologies Limited will open on 22 Nov, 2023 and close on 24 Nov, 2023. Investors must apply within this period to participate.
The Tata Technologies Limited price band is set between ₹475.00 and ₹500.00 per share. The minimum lot size is 30, requiring an investment of at least ₹15000.00.
The Tata Technologies Limited shares are expected to be listed on 05 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your Tata Technologies Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Tata Technologies Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.