
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
Overall Subscription
69.43x
Total Demand
QIB Multiplier
203.41x
Institutions & Funds
NII / HNI
62.11x
High Net-Worth
Retail (RII)
16.50x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 10,547,382 | 2,145,393,930 | 203.41x |
| NIB | 7,910,537 | 491,323,830 | 62.11x |
| HNIs(10L +) | 5,273,691 | 372,714,120 | 70.67x |
| HNIs (2-10L) | 2,636,846 | 118,609,710 | 44.98x |
| RETAIL | 18,457,919 | 304,606,680 | 16.50x |
| EMPLOYEES | 2,028,342 | 7,502,010 | 3.70x |
| Shareholder | 6,085,027 | 177,654,300 | 29.20x |
| Total | 52,939,744 | 3,617,804,580 | 69.43x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 709,919 | 11,713,664 | 16.50x |
| HNIs (10L +) | 4,541 | 282,042 | 62.11x |
| HNIs (2-10L) | 21,732 | 1,349,775 | 62.11x |
| Total Applications | 736,192 | 13,345,481 | 18.13x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Tata Technologies Limited IPO is ₹30 per equity share. Based on the upper price band of ₹475 to ₹500 per equity share, the estimated listing price is ₹530 (+6.0% expected listing gain).
With a lot size of 30 shares and current GMP of ₹30, the expected profit per application lot is approx ₹900 (+6.0% gain). Minimum application cost is approx ₹15,000.
The Tata Technologies Limited IPO aggregate issue size is ₹3,042.51 Crores with an equity price band set at ₹475 to ₹500 per equity share. The retail lot size is 30 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 69.43x (Retail: 16.50x, QIB: 203.41x, NII: 62.11x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-11-29. Investors can verify status using PAN card or application number.
Tata Technologies Limited shares are scheduled to list on NSE and BSE on 2023-11-30.