Tata Technologies IPO, After a Long Run Tata Froup Launch a New IPO Indian Market 5x Return

Tata Technologies

Tata Technologies IPO is open for subscription from November 21 to November 24. The allotment date for the IPO is expected to be November 27 and the listing date is set for November 29.

Tata Technologies Price475-500
Opening Date21 November 2023
Closing Dare24 November 2023
Listing date29 November 2023
Lot size30 Shares
Minimum Investment15000
Rating 10/10
Return5X
Total Shares60,850,278 Equity Shares

About Us

We’re the strategic engineering partner businesses turn to when they aspire to be better. Manufacturing companies rely on us to enable them to conceptualize, develop and realize better products that are safer, cleaner, and improve the quality of life for all the stakeholders, helping us achieve our vision of #EngineeringABetterWorld.

Tata Technologies IPO is expected to be listed on November 29, 2023, following the T+3 schedule. The face value of each share in the IPO is ₹2. The Offer for Sale includes 60,850,278 shares being offered by existing stakeholders in Tata Technologies.

Tata Technologies IPO: Price band and Lot Size of Retails Price

The IPO is priced at a band of ₹475-500 per share, with a lot size of 30 equity shares. Applicants must apply in lots, with a minimum of 30 shares in each lot. This means that a retail investor must invest at least ₹15,000 (₹500*30) to apply for this IPO.

Tata Technologies IPO: Important dates

Tata Technologies IPO is open for subscription from November 22 to November 24. The allotment date for the IPO is expected to be November 27 and the listing date is set for November 29.

 Bidders shall be reserved for applicants with application size of more than ₹ 200,000 and up to ₹ 1,000,000

Tata Technologies

Tata Technologies operates in the Engineering Research and Development (ER&D) sector, which is projected to grow at a CAGR of 10% and reach $2.7 trillion over the next five years, according to a Zinnov report. The automotive sector, which is the largest manufacturing ER&D vertical, is expected to undergo significant transformation due to the emergence of Connected, Autonomous, Shared, and Electrified (CASE) mobility. Zinnov predicts that global automakers are likely to invest $1.2 trillion through 2030.

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