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Tata Technologies IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 3042.51 Cr. The company is based in Pune and caters to Information Technology sector. Bofa Securities India , Citigroup Global Markets India , Jm Financial are the merchant bankers of Tata Technologies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th March 2023.
Tata Technologies IPO open date is 22nd November 2023 and close date is 24th November 2023. IPO Allotment Date is 28th November 2023 and Listing date is 30th November 2023.
IPO
Size:
₹ 3042.51 Cr.
Avg IPO Size (Sector Based)
: ₹
775.56 cr.
Sector: Information Technology
IPO so far:
35
Merchant Banker:
Bofa Securities
IPO by BRLM so far:
43
City:
Pune
IPO so far:
19
Revenue (annualised):
₹
5174.84
cr. 
PE
Ratio:
43.78x
Average Sector PE Ratio: 22.44x
Tata Technologies IPO size is ₹ 3042.51 Cr. with IPO price of ₹ 500.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Bofa Securities India Limited is the book-running lead manager of the Tata Technologies IPO. Link Intime India Private Limited is the Registrar for Tata Technologies IPO.
Tata Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Tata Technologies IPO, based in Pune, operates in the Information Technology sector with a focus on Tata group arm in in ER&D segment with major OEM customers. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Tata Technologies IPO size is ₹ 3042.51 Cr. with fresh issue size of ₹ 3042.51 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Tata Technologies IPO is expected to be 28th November 2023, after the finalization of basis of allotment. Investors can check Tata Technologies IPO allotment status on the registrars website, Link Intime India Private Limited . Tata Technologies IPO refund dates are 29th November 2023.
Tata Technologies IPO is expected to be listed on 30th November 2023.
The upper price band for the Tata Technologies IPO is set at ₹ 500.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Tata Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Tata Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th November 2023. After submission, funds are blocked until the basis of allotment of Tata Technologies IPO is finalised.
The merchant banker for Tata Technologies IPO is Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Jm Financial Limited . Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Tata Technologies IPO RHP for further details.
The registrar for Tata Technologies IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Tata Technologies IPO through their official website or helpline.
Tata Technologies IPO was subscribed 69.43 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 3042.51 Cr.
Avg IPO Size (Sector Based)
:
₹ 775.56 Cr.
Sector: Information Technology
IPO so far:
35
Merchant Banker:
Bofa Securities
IPO by BRLM so far:
43
City:
Pune
IPO so far:
19
Revenue (annualised):
₹ 5,053.40 cr.
PE
Ratio:
43.78x
Average Sector PE Ratio: 22.44x
Tata Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tata Technologies Financial Review Page
Merchant Banker(s) of Tata Technologies IPO: Bofa Securities India Limited , Citigroup Global Markets India Private Limited , Jm Financial Limited
Tata Technologies IPO subscription was 69.43 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tata Technologies IPO listed at a listing price of 1314.25 against the offer price of 500.00.
The current market price of Tata Technologies is 763.00.
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