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Tata Technologies IPO

Leading the way in engineering, digital services, product development, and outsourcing is Tata Technologies. The company partners with many of the biggest manufacturing companies in the world and has a diverse global presence across Asia Pacific, Europe, and North America.

With a diverse clientele across the globe, the company’s revenue for the nine months ending December 31, 2022, came from operations with clients in India, Europe, North America, and the rest of the world accounting for 25.76%, 23.94%, 22.27%, and 28.03% of total revenue.

More than 12 new energy vehicle firms, tier 1 suppliers, and over 35 traditional automotive OEMs made up the company’s clientele as of December 31, 2022. Tata Technologies employs more than 11,081 people worldwide.
It is a pure-play manufacturing-focused ER&D company, primarily focused on the automotive industry, and is currently engaged with six out of the top 10 automotive ER&D spenders and four out of the 10 prominent new energy ER&D spenders in 2021.

Tata Technologies IPO Details

Signature Global IPO Details
Tata Technologies IPO Dates
22 – 24 November 2023
Tata Technologies IPO Price
INR 475 – 500 per share
Fresh issue
Nil
Offer For Sale
60,850,278 shares (INR 2,890.39 – 3,042.51 crore)
Total IPO Size
60,850,278 shares (INR 2,890.39 – 3,042.51 crore)
Minimum bid (size)
30 shares (INR 15,000)
Face Value
INR 2 per share
Retail Allocation
35%
Shareholder reservation
6,085,027 shares (10% shares)
Employee reservation
2,028,342 shares
Listing On
BSE, NSE

Tata Technologies Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

H1 FY 24

Revenue

2,380.91

3,529.58

4,414.18

2,526.70

Expenses

2,105.06

2,991.53

3,705.77

2,121.17

Net income

239.17

436.99

624.03

351.90

Margin (%)

10.05

12.38

14.14

13.93

Figures in INR Crore unless specified otherwise

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