Tata technologies ipo date

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. Tata Technologies IPO Details IPO Date to Listing Date [.] Face Value ₹2 per share Price [.] to [.] per share Lot Size Total Issue Size 95,708,984 shares (aggregating up to ₹[.] Cr) Offer for Sale 95,708,984 shares of ₹2 (aggregating up to ₹[.] Cr) Issue Type Book Built Issue IPO Listing At BSE, NSE Tata Technologies Limited Financial Information (Restated Consolidated) Period Ended Total Assets Total Revenue Profit After Tax Net Worth 31-Mar-20 2,572.97 2,896.96 251.57 1,852.60 31-Mar-21 3,572.74 2,425.74 239.17 2,142.15 31-Dec-21 4,121.07 2,647.69 331.36 2,477.62 31-Mar-22 4,218.00 3,578.38 436.99 2,280....

Synopsis The size of the IPO wasn’t disclosed. However, according to Krishna Raghavan, Founder, UnlistedKart, a SEBI-registered research analyst firm, Tata Technologies' recent buyback valued the company at Rs 16,080 crore, indicating that the offered size could be at least Rs 3,800 – Rs 4,000 crore. The size of the IPO wasn’t disclosed. However, according to Krishna Raghavan, Founder, UnlistedKart, a SEBI-registered research analyst firm, Tata Technologies' recent buyback valued the company at Rs 16,080 crore, indicating that the offered size could be at least Rs 3,800 – Rs 4,000 crore. 5) Selling shareholders Under the OFS, Tata Technologies' parent company 6) Financial performance For the nine-month period ended December 2022, the company clocked 15% year-on-year growth in revenue at Rs 3,052 crore. The services segment revenue contributed 88% of the total revenue. The company's net profit during the same period stood at Rs 407 crore. 7) Objects of the offer According to the DRHP, the company will not receive any proceeds of the OFS from the selling shareholders. Each of them will be entitled to the respective proportion of the proceeds of the IPO after deducting their portion of the offer related expenses and the relevant taxes thereon. 8) Booking running lead managers 9) Offer structure About 50% of the offer is reserved for qualified institutional buyers (QIBs), 35% of the issue is reserved for retail investors and 15% for non-institutional investors. 10) Expert view...

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Tata Technologies Ltd. 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. Subscription Details The details about the Tata TechnologiesLtdIPO is as: • The issue size of the IPO is not disclosed yet. Tata TechnologiesLtdIPO Valuation The approx valuation of Tata TechnologiesLtdIPObased on its price band and RHP/DRHP (prospectus)is: Particulars Value Upper Price Band Not Issued Existing Shares (Qty) 40.56 Cr EPS (FY22) Rs 10.77 Industry PE 64.90x Tata TechnologiesLtd IPO Issue Size Tata TechnologiesLtdIPOissue size is _Cr. Issue Amount Fresh Issue 0 Cr Offer For Sale (Qty) 9.57 Cr Shares Tata Technologies LtdIPO share offer The category-wise shares offered areas follows: Category % Offered Qualified Institutional Maximum 50% Non-Institutional Minimum 15% Retail Individual Minimum 35% Allotment Details The details about allotment and its dates are not disclosed as of now. Check this space later on. Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 1124.96 1217.3 1244.55 1050.84 1730.76 Total Expenditure 864.58 915.59 941.42 859....

The initial share sale of Tata Technologies is one of the most awaited ones on Dalal Street and analysts are expecting the company to hit the markets in five to six months. Ruling out the possibility of any regulatory hurdle regarding the IPO, analysts expect the approval from regulator SEBI anytime soon. In the unlisted market, the shares are trading around Rs 850 levels and since the pricing is not yet known, there have been supply side constraints. "There have been instances of bulk buying around Rs 750 levels and at one point, the shares have hit a peak of Rs 900. The stock is expected to list at a premium of 20-30%," said Manish Khanna, Co-Founder at Unlisted Assets. Tata Technologies is a global product engineering and digital services company and a unit of The issue is completely an offer for sale (OFS), under which the selling shareholders will offload up to 9.57 crore units representing 23.60% of its paid-up share capital. Under the OFS, Tata Technologies' parent company Tata Motors will offload 8.11 crore shares or a 20% stake in the company. Among other shareholders, Alpha TC Holdings Pte plans to sell up to 97.16 lakh shares (2.40%) and Tata Capital Growth Fund I would offload up to 48.58 lakh equity shares (1.20%). The size of the IPO hasn’t been disclosed yet. However, according to Krishna Raghavan, Founder, UnlistedKart, a SEBI-registered research analyst firm, Tata Technologies' recent buyback valued the company at Rs 16,080 crore, indicating that the offer...

Pune-based Tata Technologies, a subsidiary of Tata Motors, on March 10 filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to initiate an initial public offering (IPO) and raise funds. The IPO consists of a pure offer for sale (OFS) of up to 95.71 million shares, with Tata Motors offering up to 81.13 million shares, Alpha TC Holdings Pte offering up to 9.72 million shares, and Tata Capital Growth Fund I offering up to 4.86 million shares. Currently, Tata Motors holds a 74.69 percent stake in the company, while Alpha TC Holdings Pte and Tata Capital Growth Fund I hold 7.26 percent and 3.63 percent stakes, respectively. Tata Technologies IPO: Key things to know about the company Tata Tech: Global engineering services company Tata Technologies is a global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers. The company uses domain expertise in the automotive industry to serve clients in other industries like aerospace, transportation, and construction heavy machinery. Tata Tech IPO: First IPO after TCS Tata Motors Limited is the promoter of Tata Technologies. This is the first Tata Group company to go public on the domestic bourses since Tata Consultancy Services in 2004, making it a significant event for the salt-to-software conglomerate. As per the prospectus, the average cost of acquisition per equity share acquired by the selling sha...

• On December 12, Tata Motors announced that the board has approved the IPO of its subsidiary Tata Technologies. • Tata Technologies is a global product engineering and digital services company. • After TCS listed in 2004, no other Tata company has made a debut on the domestic bourses. • Since Tata Motors would sell its stake through the IPO, the proceeds will help the reeling automaker recover its losses. Tata Group plans to make one more addition to its army of companies listed on the exchanges, which currently stands at 17. With the initial public offering (IPO) of Tata Technologies on cards, the salt-to-software conglomerate will add one more to this list. On December 12, Tata Motors board accorded in-principle approval to explore the possibility of partial divestment in its subsidiary Tata Technologies via an IPO route, at an opportune time. The company said that it will make further announcements of all material developments relating to IPO, as and when required, as per SEBI regulations. Tata Technologies is a global product engineering and digital services company, run by Warren Harris who is its MD & CEO. It focuses on four key verticals -- automotive, aerospace, industrial machinery and industrials. After tech behemoth TCS in 2004, no other Tata company has made a debut on the domestic bourses. As per Tata Motor’s 2022 annual report, it holds 74.43% stake in Tata Technologies. In 2018, Tata Motors had called off a deal to sell 43% stake in Tata Technologies to pri...

By India Today Business Desk: Tata Technologies, a unit of Tata Motors, filed for an initial public offering (IPO) on Thursday, according to draft papers filed with the market regulator Securities and Exchange Board of India (Sebi). The company said in its draft papers that the IPO will be purely an offer-for-sale (OFS) by the promoter Tata Motors and two other existing shareholders. The public offering does not involve any fresh issue of shares. In an exchange filing, Tata Motors said, “We wish to inform you that Tata Technologies Limited (“Tata Technologies”), a subsidiary of Tata Motors Limited (“the Company”), has informed the Company that it has today filed a draft red herring prospectus dated March 9, 2023 with the Securities and Exchange Board of India for an initial public offering by way of an offer for sale.” The OFS involves 9,57,08,984 shares for cash, representing approximately 23.60 per cent of paid-up share capital. Also Read | Tata Motors also said the IPO comprises an OFS of A) Up to 8,11,33,706 equity shares by Tata Motors Limited, B) Up to 97,16,853 equity shares by Alpha TC Holdings Pte Ltd. and C) Up to 48,58,425 equity shares by Tata Capital Growth Fund 1, each representing up to 20 per cent, 2.40 per cent and 1.20 per cent, respectively of Tata Technologies paid-up share capital. It may be noted that Tata Motors holds over 74 per cent stake in Tata Technologies, while Singapore-based investment firm Alpha TC Holdings Pte Ltd, managed by Tata Capital ...

Table of Contents • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Tata Technologies IPO Details ( Tata Technologies Limited IPO Review ) (00 June 2023 – 00 June 2023) Tata Technologies Limited, established in 1994, is a prominent multinational company specializing in engineering services. It is renowned for providing comprehensive product development and digital solutions. Their offerings encompass turnkey solutions tailored for worldwide original equipment manufacturers (OEMs) and their tier-1 suppliers. Tata Technologies strives to add value to their clients by aiding in the creation of products that prioritize safety, environmental sustainability, and enhanced quality of life for end users. Leveraging its extensive domain knowledge in the automotive sector, Tata Technologies has developed a deep expertise that extends to serve customers in related industries such as aerospace, transportation and heavy construction machinery. Tata Technologies Limited operates on a global scale, facilitating the collaboration of diverse teams with varied skill sets from different regions of the world. Through real-time collaboration, they effectively tackle complex engineering challenges and find innovative solutions. • Services • Technology Solutions • Education • Industry Verticals • Automotive • Aerospace • Transportation and Construction Heavy Machinery (“TCHM”) • Other Tata Technologies Limited IPO Competitive Strength • Deep expertise in the automotive ind...

Also Read: Tata Technologies IPO, JLR sales to Q4 results: Why you should buy Tata Motors shares — explained Tata Motors currently holds a 74.69% stake in theproduct engineering company. Meanwhile, Alpha TC Holdings Pte holds 7.26% stake and Tata Capital Growth Fund has 3.63% shareholding in Tata Technologies. Tata Technologies IPO details Tata Technologies IPO consists of an OFS of 9.57 crore shares of face value of ₹2 each. Promoter Tata Motors will sell up to 8.11 crore shares, Alpha TC Holdings Pte plans to sell up to 97.16 lakh shares, while Tata Capital Growth Fund I will sell up to 48.58 lakh shares of the company. As per the DRHP, the weighted average cost of acquisition per equity share by Tata Motors is ₹7.40 per share, for Alpha TC Holdings Pte. Ltd is ₹25.10 per share and for Tata Capital Growth Fund I is ₹25.10. Also Read: Tata Technologies IPO: Current GMP, possible issue price you can expect The IPO price and dates are yet to be announced by the company. Tata Technologies recognizes KPIT Technologies, L&T Technology Services, and Tata Elxsi as its listed competitors. The book running lead managers to the Tata Technologies IPO are JM Financial, Citigroup Global Markets India and Bofa Securities India, while the IPO registrar is Link Intime India. Financials Tata Technologies reported a net profit of ₹436.99 crore upon a total revenue of ₹3,578.38 in FY22. Its net profit for the April-December period of FY23 was ₹407.47 crore and revenue during the period stoo...