IPO Alert | Tata Technologies to open on November 22 : A Major Milestone for the Tata Group in two decades

Tata Technologies Limited, a wholly-owned subsidiary of Tata Motors Limited, is poised to become the first company within the Tata Group to go public in almost twenty years.

Key Highlights:

  • IPO Opening Dates: November 22 to 24, 2023
  • Shareholder’s Quota: Yes
  • Eligibility Date for Shareholder’s Quota: November 13, 2023
  • Expected Price Band: Around ₹500
  • Running GMP: Around ₹285

Financial Overview:

Period Ended Q2 FY24 (Rs in Cr) FY23 (Rs in Cr) FY22 (Rs in Cr) FY21 (Rs in Cr)
Revenue 2,587.42 4,501.93 3,578.38 2,425.74
Growth YoY % 26% 48%
Profit After Tax 351.9 624.04 436.99 239.17
Growth YoY % 43% 83%
Net Worth 2,853.13 2,989.47 2,280.16 2,142.15
Reserves and Surplus 2,455.29 2,605.60 2,028.93 1,897.46
Assets 5,142.42 5,201.49 4,218.00 3,572.74

Why Invest in Tata Technologies?

  • Strong Track Record: Tata Technologies has a proven track record of delivering innovative and high-quality engineering solutions to its global clients.
  • Diversified Portfolio: The company has a diversified portfolio of services across various industries, including automotive, aerospace, and consumer electronics.
  • Experienced Management: Tata Technologies is led by an experienced management team with a deep understanding of the engineering services industry.

Keep Your Funds Ready!

The IPO is expected to be heavily subscribed, so make sure you have your funds ready to subscribe.

To learn more about Tata Technologies and the IPO, please visit our blog post:

I have applied for Tata Technologies IPO and I have also given the mandate through UPI. Yet, my profile hasn’t updated as payed to the concerned IPO. I have already received the confirmation message regarding the blocking of IPO amount