Issue Price
₹500
Per Share
GMP
NIL
Grey Market
Est. Listing
₹500
Expected Price
Min. Application
₹30,000
2 lots × 30 shares
Founded in 1994, Tata Technologies Limited provides product development and digital solutions to Original Equipment Manufacturers (OEMs) and their Tier-1 suppliers.Tata Technologies has two business verticals:Services: This involves outsourcing engineering services and digital transformation services to global manufacturing customers to help them conceptualize, design, develop, and deliver better products.Technology solutions: This involves the resale of third-party software applications, including software and solutions for product lifecycle management (PLM), as well as the provision of value-added services such as consulting, implementation, system integration, and support. In addition, the company offers Phygital (physical plus digital) educational solutions, that help public and private institutions and companies improve their manufacturing skills in the latest engineering and manufacturing technologies through the development of curriculum and centers of excellence via the company's proprietary iGetIT platform.As of September 30, 2023, the company has 19 global delivery centers in North America, Europe, and Asia Pacific.As at September 30, 2023, the company employed 12,451 people, including 11,608 full-time employees and 843 temporary workers.
Tata Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 60,850,278 | 100.00% | ₹3,042.51 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹15,000 |
| Retail (Max) | 13 | 390 | ₹195,000 |
| sNII (Min) | 14 | 420 | ₹210,000 |
| bNII (Min) | 68 | 2,040 | ₹1,020,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 2587.42 | 4501.93 | 3578.38 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 351.90 | 624.04 | 436.99 |
| Net Worth | 2853.13 | 2989.47 | 2280.16 |
| Total Assets | 5142.42 | 5201.49 | 4218.00 |
| Reserves & Surplus | 2455.29 | 2605.60 | 2028.93 |
| Total Borrowings | N/A | N/A | N/A |