Tata Technologies IPO Subscription Details
The Tata Technologies IPO is subscribed 69.43 times on November 24, 2023 7:02:00 PM. The public issue subscribed 16.50 times in the retail category, 203.41 times in the QIB category, and 62.11 times in the NII category.
Tata Technologies IPO price band is set at ₹475 to ₹500 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹15,000.
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Tata Technologies Limited Company Details
Incorporated in 1994, Tata Technologies Limited is a 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 aims to provide value for their customers by assisting them in the development of products that are safer, and 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, 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.
| IPO Date | November 22, 2023 to November 24, 2023 |
| Listing Date | November 30, 2023 |
| Face Value | ₹2 per share |
| Price Band | ₹475 to ₹500 per share |
| Lot Size | 30 Shares |
| Total Issue Size | 60,850,278 shares (aggregating up to ₹3,042.51 Cr) |
| Offer for Sale | 60,850,278 shares of ₹2 (aggregating up to ₹3,042.51 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 405,668,530 |
| Share holding post issue | 405,668,530 |
| IPO Open Date | Wednesday, November 22, 2023 |
| IPO Close Date | Friday, November 24, 2023 |
| Basis of Allotment | Tuesday, November 28, 2023 |
| Initiation of Refunds | Wednesday, November 29, 2023 |
| Credit of Shares to Demat | Wednesday, November 29, 2023 |
| Listing Date | Friday, December 1, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 24, 2023 |
Tata Technology Contact Details
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/
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