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Open
22 Nov 2023
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Close
24 Nov 2023
3
Allotment
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Listing
Thu, Nov 30, 2023
Price Band
₹475 to ₹500
Issue Size
6,08,50,278 shares (agg. up to ₹3,043 Cr)
Lot Size
30 Shares
Listing Date
Thu, Nov 30, 2023
Latest GMP
₹475
Est. Gain
95%
✦ AI Insight
GMP Trend
30-11-2023₹475Est. ₹975+95%
29-11-2023₹425Est. ₹925+85%
28-11-2023₹375Est. ₹875+75%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 51.18x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 5,142.42 | 5,201.49 | 4,218.00 | 3,572.74 |
| Total Income | 2,587.42 | 4,501.93 | 3,578.38 | 2,425.74 |
| Profit After Tax | 351.90 | 624.04 | 436.99 | 239.17 |
| NET Worth | 2,853.13 | 2,989.47 | 2,280.16 | 2,142.15 |
| Reserves and Surplus | 2,455.29 | 2,605.60 | 2,028.93 | 1,897.46 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Protean eGov Technologies Ltd. | Mainboard | ₹489.95 Cr | ₹792 | 29.91 | ₹883.00 | +11.49% | ₹588.95 (-0.30%) |
| Zaggle Prepaid Ocean Services Ltd. | Mainboard | ₹563.38 Cr | ₹164 | 66.67 | ₹158.35 | -3.45% | ₹210.53 (-0.59%) |
| Netweb Technologies India Ltd. | Mainboard | ₹631.00 Cr | ₹500 | 59.67 | ₹910.40 | +82.08% | ₹4,304.20 (-1.61%) |
| ROX Hi-Tech Ltd. | SME | ₹54.49 Cr | ₹83 | 9.11 | ₹141.75 | +70.78% | ₹36.00 (+4.96%) |
| Synoptics Technologies Ltd. | SME | ₹54.04 Cr | ₹237 | 25.32 | ₹226.10 | -4.60% | ₹72.20 (-5.00%) |
| Veefin Solutions Ltd. | SME | ₹46.73 Cr | ₹82 | 41.41 | ₹90.22 | +10.02% | ₹310.25 (-0.29%) |
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹924.45 (+0.05%) |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹376.35 (+1.99%) |
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹48.30 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges | |
| 2 | Carry out the Offer for Sale of 60,850,278*Equity Shares by the Selling Shareholder |
About Tata Technologies IPO
Founded in 1994, Tata Technologies Limited provides product development and digital solutions to Original Equipment Manufacturers (OEMs) and their Tier-1 suppliers. Tata Technologies has two business verticals: Services: This involves outsourcing engineering services and digital transformation services to global manufacturing customers to help them conceptualize, design, develop, and deliver better products. Technology solutions: This involves the resale of third-party software applications, including software and solutions for product lifecycle management (PLM), as well as the provision of value-added services such as consulting, implementation, system integration, and support. In addition, the company offers Phygital (physical plus digital) educational solutions, that help public and private institutions and companies improve their manufacturing skills in the latest engineering and manufacturing technologies through the development of curriculum and centers of excellence via the company's proprietary iGetIT platform. As of September 30, 2023, the company has 19 global delivery centers in North America, Europe, and Asia Pacific. As at September 30, 2023, the company employed 12,45
Contact Details
Tata Technologies Ltd. AddressPlot No.25Rajiv Gandhi Infotech Park HinjawadiPune, Maharashtra, 411057+91 20 6652 9090ipo@tatatechnologies.comVisit Website