
Industrial & Financial Services · NSE / BSE
Incorporated in 1994, Tata Technologies Limited is a global engineering services company that provides product development and digital solutions to leading OEMs and tier-1 suppliers. The company focuses on helping customers build safer, cleaner, and more efficient products that improve the end-user experience. Although they are strongly rooted in the automotive industry, their expertise also extends to sectors like aerospace, transportation, and heavy machinery. Tata Technologies operates across multiple countries, bringing skilled teams together from around the world to collaborate in real-time and solve complex engineering challenges for global clients.
Price Band
₹475 – ₹500
Issue Size
₹3043 Cr
Lot Size
30 shares
GMP
+6.0%
Est. Listing
₹530
at current GMP
Subscribed
69.43x
overall
Open
22 Nov 2023
Close
24 Nov 2023
Allotment
29 Nov 2023
Refund
30 Nov 2023
Demat Credit
1 Dec 2023
Listing
30 Nov 2023
Designated Registrar: Link Intime India Private Limited
Allotment Date
29 Nov 2023
Basis finalization
Refunds Initiate
30 Nov 2023
Mandate release
Demat Credit
1 Dec 2023
Shares in demat
Listing Debut
30 Nov 2023
Trading begins
Tata Technologies Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹3,042.51 Crores. The shares are offered at a price band of ₹475 to ₹500 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 30 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-01, while un-allotted funds or UPI block mandates will be released on 2023-11-30.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.