Tata Technologies IPO Details Date, Allotment Status, Issue Price, GMP


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Uploaded on Nov 20, 2023

Tata Technologies is the unlisted subsidiary of India’s largest commercial vehicle maker Tata Motors. Tata Technology is a global engineering and product development services company providing product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (OEMs).

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Tata Technologies IPO Details Date, Allotment Status, Issue Price, GMP

Tata Technologies IPO Details Date, Allotment Status, Issue Price, GMP Tata Technologies is the unlisted subsidiary of India’s largest commercial vehicle maker Tata Motors. Tata Technology is a global engineering and product development services company providing product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (OEMs). Read More www.moneysukh.com STOCK EQUITY   IPO MUTUAL FUND FUTURE & OPTION  ETF SGB  EVENT TRACKER   Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs Tata Technologies IPO Issue Price & Size The issue price of Tata Technologies will be in the range of the lower and higher band. The size of Tata Technologies will be around Rs. 2,890 - Rs. 3,042 Crore. Considering the upper band of Tata Technologies IPO, the company is going to raise around Rs. 3,042 Crore. Tata Technologies IPO Launch Date The launch date of the Tata Technology IPO is set for November 22, 2023. the IPO will close on November 24, 2023. Though, the RHP has been filed by the SEBI. Read More www.moneysukh.com STOCK EQUITY   IPO MUTUAL FUND FUTURE & OPTION  ETF SGB  EVENT TRACKER       Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs Tata Technologies Ltd. IPO Objective Though, the company is not going to receive any proceeds from this IPO, as offer-for-sale (OFS) is from shareholders who are selling their stakes. Tata Motors will offload 4.62 crore shares as compared to 8.11 crore earlier, while Alpha TC Holdings Pte likely to sell around 97.16 lakh shares (2.4%), and Tata Capital Growth Fund is likely to release up to 48.58 lakh equity shares (1.20%). Read More www.moneysukh.com STOCK EQUITY   IPO MUTUAL FUND FUTURE & OPTION  ETF SGB  EVENT TRACKER   Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs Tata Technologies Financial Statements Tata Technologies earned Rs 3529.58 cr in FY 22 and Rs 3011.79 in the nine months of FY23 showing significant growth in the revenue. In the last four years company's revenue from operations registered double-digit growth at a CAGR of 11%. While bottom-line growth was at a CAGR of 31.8% for the same period. Tata Technologies earned Rs 407.47 Profit after tax in nine months of FY23. The EBITDA margin% has significantly improved from 18.07% in FY20 to 20.55% in FY23. While the bottom line margins also improved very much in the same period. In FY20 the PAT margin of Tata Technologies was around 8.82% which has been improved and reached 13.53% in FY23. More than 80% revenue of the company comes from the sale of services while the remaining revenue is earned by selling the sale of technology solutions. Read More www.moneysukh.com STOCK EQUITY   IPO MUTUAL FUND FUTURE & OPTION  ETF SGB  EVENT TRACKER   Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs Why Invest in Tata Technologies IPO? As the company is associated with one of the leading and well-known business groups and is backed by one of the leading automobile companies in the country. This IPO is going to bring a significant amount of cash flow for Tata Motors. Though, investing in the IPO there are multiple other factors, affecting the growth of the company, let's find out. Tata Technologies Share Price in Grey Market The IPO date and the price are not revealed, hence the grey market premium is also unidentified. As per the demand for the new shares issued in the IPO, the premium is shown in the market. If the Tata Technologies share is issued at discounted price the grey market premium will be high, and vice-versa if it is expensive compared to its peer group members. Read More www.moneysukh.com STOCK EQUITY   IPO MUTUAL FUND FUTURE & OPTION  ETF SGB  EVENT TRACKER   Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs Tata Technologies IPO Strengths •Tata Technologies is the 15th largest IT Company in the Fortune India Infotech industry ranking. •Due to the parent company's support, Tata Technologies is expertized and has deep domain knowledge in the automobile industry. •The company is operating with a global player with prestigious clients from Europe, North America, and Asia Pacific. •In the last few years, companies have shown significant growth in revenue income with improved EBITDA margin and stellar bottom-line growth with better margin growth. Read More www.moneysukh.com STOCK EQUITY   IPO MUTUAL FUND FUTURE & OPTION  ETF SGB  EVENT TRACKER   Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs Thank You Contact us: 96382-37000 Mansukh Securities and Finance Limited: SEBI Registration Number-INZ000164537 ( Members- NSE,BSE,MCX, ),IN-DP-72-2015 ( DP-NSDL, CDSL ) Mansukh Stock Brokers Limited : SEBI Registration Number- INZ000164937 ( Members -BSE ), IN-DP-36-2015 Mansukh Commodity Futures Private Limited : SEBI Registration Number-INZ000063032 ( Members- NCDEX ) Mansukh IFSC Broking Private Limited : SEBI Registration Number- INZ000099432 (Members- NSE IFSC, INDIA INX)Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances Investments in securities market are subject to market risks; read all the related documents carefully before investing. www.moneysukh.com STOCK EQUITY   IPO MUTUAL FUND FUTURE & OPTION      Related Resources • What Is Short Covering In Stock Market & How To Identify Rally? • Importance Of Volume In Technical Analysis: Use & Role In Trading • What Is Short Selling & How Does It Work: Is It Good Or Bad? • Trading or Investing Which is Better and More Profitable? • Best Algo Trading Platform and Trading Strategies • Best Intraday Algo Strategy • USD INR Options Trading Strategies • How to Read, Analyse & Use Candlestick Chart STOCK EQUITY   IPO MUTUAL FUND FUTURE & OPTION  ETF SGB  EVENT TRACKER   Market Hunt Derivative reports Commodity reports Margin updates Monthly Magazine Blogs