Tata Technologies IPO

Tata Technologies Ltd

₹14,250 /30 sharesMinimum Investment

Tata Technologies IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹500.00₹1,200.00₹700.00 (140.00%)

Tata Technologies IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
22 Nov ‘23 - 24 Nov ‘23₹14,25030₹475 - ₹500
Issue SizeIPO Doc
3042.51Cr
RHP PDF

Subscription Status As on 24 Nov '23, 5:15 PM

  • Qualified Institutional Buyers
    203.41x
  • Non-Institutional Investor
    62.11x
  • Retail Individual Investor
    16.50x
  • Employees
    3.70x
  • Total
    69.43x

About Tata Technologies

Tata Technologies Ltd. is a leading global engineering services company, bringing together a diverse team of multi-skilled professionals who collaborate in real time to solve complex engineering problems for their clients. The company offers product development and digital solutions to global OEMs and their tier 1 suppliers. It has a deep expertise in the automotive industry, which also allows them to serve clients in adjacent industries, such as aerospace and transportation and construction heavy machinery (TCHM). The company categorises its lines of business into services and technology solutions. It aims to create value for its clients by helping them develop safer, cleaner, and higher quality products.;
Parent Organisation
Tata Technologies Ltd
Founded
1994
Managing Director
Warren Kevin Harris

Strengths & Risks

  • Here are some strengths of Tata Technologies Limited:
  • Has a deep expertise in the automotive industry. Its comprehensive portfolio of services addresses product development and enterprise optimisation needs of traditional OEMs and new energy vehicle companies.
  • It has differentiated capabilities in EVs, which are the new-age automotive trend. The company provides end-to-end solutions for manufacturing, development, and after-sales services for EVs.
  • The company possesses strong digital capabilities bolstered by proprietary accelerators. These are designed to help OEMs and tier 1 suppliers manage their entire digital product life cycle and engage their customers throughout the product journey.
  • Has a diversified global presence and partners with some of the biggest manufacturing companies in the world. It has a marquee set of clients across anchor accounts, EV companies, and traditional OEMs.
  • Has a global delivery model that enables intimate client engagement and scalability.
  • Has a proprietary e-learning platform that helps them leverage their manufacturing domain knowledge, allowing them to tap into large upskilling and reskilling markets.
  • It is a well-recognised brand with an experienced promotor, board of directors, and management.
  • Here are some risk factors associated withTata Technologies Limited:
  • The business derives a material portion of its revenues from its top 5 clients as per revenue generated in Fiscal Year 2022. If any or all of these top 5 clients face any deterioration in their business, it could adversely affect the company’s financial position, cash flows, and results of operations.
  • The revenue is dependent on clients concentrated in the automotive sector. Any economic slowdown in this segment can adversely impact the financial condition and operations of the business.
  • The company expects a significant inflow of future revenue from new energy vehicle companies, many of which may be start ups. There can be uncertainties about their funding plans, future roadmaps, growth capabilities, creditworthiness, and ownership changes.
  • The success of the company is largely dependent on its skilled engineers and management team. Failure to retain and attract talent may decline profitability. An increase in wages and employee benefits can prevent the company from maintaining its competitive advantage.
  • The pricing structure and scope of offerings may not accurately reflect the cost and complexity of the work. If the company is unable to successfully manage these costs, some of its contracts may become unprofitable.
  • The company may be subject to third-party or client claims of intellectual property infringement. It may also be unsuccessful in protecting its intellectual property rights.
  • The company has recently expanded its offerings to the education business. If it is unable to achieve the anticipated returns, it may have a material effect on its financial condition and operations.
  • The company may be liable to its clients for damages due to system failures, confidential information disclosure, and data security breaches, which could negatively affect its reputation and client relationships.
  • For the products business, the company relies on vendors and partners for software. Many of these are single-source or limited-source suppliers. This dependence or an adverse change in the relationship between them can impact availability, delivery, reliability, and costs.
  • The company had made certain preferential equity share allotments in the past to more than 49 investors. Some of these may have been in non-compliance with the Companies Act, 1956.
  • Certain records and filings of the company records are not traceable. There is no assurance that there will be no legal proceedings or regulatory actions against the company in the future due to these discrepancies.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular475 - 500₹2 Lakh
Employee475 - 500₹2 Lakh
Shareholder475 - 500₹2 Lakh
High Networth Individual475 - 500₹2 - 5 Lakh
For Tata Technologies IPO, eligible investors can apply as Regular, Employee & Shareholder.
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