Tata Technologies Limited

Company Profile
Company Name Tata Technologies Limited
Open Date 22-11-2023
Close Date 24-11-2023
Exchange BSE, NSE
Lot Size 30 Shares
Issue Price ₹475 to ₹500 per share
Issue Size 6,08,50,278 Equity Shares
Application Amount Min. Inv. - ₹ 15,000 (30 shares) Max. Inv. – ₹ 1,95,000 (390 shares)
Recommendation Apply

Tata Technologies Limited was incorporated in the year 1994 and has its registered office in Pune, Maharashtra. The company leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers and their Tier 1 suppliers globally. With over two decades of experience, the Company has deep domain expertise in the automotive industry and leverages such expertise to serve clients in adjacent industries, such as the aerospace and transportation and construction heavy machinery (“TCHM”) industries. As of 30th September 23, the Company has 12,451 employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 3,572.74 4,218.00 5,201.49 5,142.42
Net Assets 2,142.15 2,280.16 2,989.47 2,853.13
Total Borrowings - - - -
Total Revenue 2,425.74 3,578.38 4,501.93 2,587.42
Profit After Tax 239.17 436.99 624.04 351.90

Tentative Timeline

Opening Date 22/11/2023
Closing Date 24-11-2023
Basis of Allotment 28-11-2023
Initiation of Refunds 29-11-2023
Credit of Shares to Demat 29-11-2023
Listing Date 30-11-2023

Objects of the Issue

Company will not receive any proceeds of the Offer for Sale by the Selling Shareholders.

Contact Information

Registered Office Tata Technologies Limited Plot No. 25, Rajiv Gandhi Infotech Park Hinjawadi, Pune 411 057
Phone +91 20 6652 9090
Email ipo@tatatechnologies.com
Website http://www.tatatechnologies.com/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email tatatechnologies.ipo@linkintime.co.in
Website https://linkintime.co.in/mipo/ipoallotment.html

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue 66.79%
Share Holding Post Issue 55.39%

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