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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Tata Technologies Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹500
Per ShareLot Size
30 Shares
Minimum Investment
₹15,000
Issue Size
₹3,042.51 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
64.79%
Promoter Holding (Post-Issue)
53.39%
Issue Type
Book Building
ISIN
INE142M01025
Tata Technologies Limited is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers and its Tier 1 suppliers globally. With over two decades of experience, it has deep domain expertise in the automotive industry and leverage such expertise to serve its clients in adjacent industries, such as the aerospace and transportation and construction heavy machinery ("TCHM") industries. Through its globally distributed execution model, it leverages the skills and capabilities of its employees worldwide, ensuring balance between onshore client proximity and offshore efficiency to provide added value to its clients.
The Company operates in the global engineering, research and development ("ER&D") services industry, primarily across automotive, aerospace and TCHM verticals. The global ER&D spend for 2022 was approximately $1.81 trillion and is expected to grow to approximately $2.67 trillion by 2026. The ER&D spend outsourced to third party service providers reached $105-$110 billion in 2022 and is anticipated to grow at a 11-13% CAGR between 2022 and 2026. The key growth drivers within the ER&D market include an increasing propensity to outsource, increasing regulatory interventions for safer and cleaner products, shrinking product innovation cycles and next-generation product technologies
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 60,850,278* equity shares of face value of Rs. 2 each ("Equity Shares") of Tata Technologies Limited ("Company") for cash at a price of Rs. 500 per equity share (including a premium of Rs. 498 per equity share) ("Offer Price") aggregating to Rs. 3042.51 crores* through an offer for sale (the "Offer") of 46,275,000* equity shares aggregating to Rs. 2313.75 crores* by Tata Motors Limited (the "Promoter Selling Shareholder"), 9,716,853* equity shares aggregating to Rs. 485.84 crores* by Alpha Tc Holdings Pte. Ltd., 4,858,425* equity shares aggregating to Rs. 242.92 crores* by Tata Capital Growth Fund i (together with Alpha Tc Holdings Pte. Ltd., the "Investor Selling Shareholders" and together the promoter selling shareholder and investor selling shareholders are referred to as, the "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares"). This offer included a reservation of 2,028,342* equity shares (constituting 0.50% of the post-offer paid-up equity share capital of the company) aggregating to Rs. 101.42 crores* for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion") and a reservation of 6,085,027* equity shares (constituting 10.00% of the offer) aggregating to Rs. 304.25 crores*, for subscription by eligible tml shareholders (as defined hereinafter) (the "TML" Shareholders Reservation Portion"). The offer less the employee reservation portion and the TML shareholders reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 15.00% and 13.00% of the post-offer paid-up equity share capital, respectively. The face value of equity shares is Rs. 2 each and the offer price is 250 times the face value of the equity shares. * Subject to finalisation of basis of allotment.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Tata Technologies Limited was incorporated as `Core Software Systems Private Limited' at New Delhi, as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated August 22, 1994 issued by the Registrar of Companies, NCT of Delhi and Haryana. On March 29, 1996, the entire paid up share capital of the Company was transferred in favour of four public limited companies, namely, Tata Industries Limited, Sheba Properties Limited, Ewart Investments Limited and Investa Limited and the Company became a deemed public company as per Section 43A(1) of the Companies Act, 1956 with effect from the same date and subsequently the name of the Company was changed to `Core Software Systems Limited' by deletion of the word 'Private'. Subsequently, upon acquisition by four public limited companies from the Tata group, the name of the Company was changed to 'Tata Technologies (India) Limited', and a fresh certificate of incorporation was issued by the Registrar of Companies, NCT of Delhi and Haryana on November 15, 1996. Thereafter, the registered office of the Company was changed from the NCT of Delhi to the state of Maharashtra and a certificate of registration of the order of the Company Law Board bench confirming the change of state dated February 10, 1999 was issued by the RoC. Upon conversion of the Company from a deemed public company under Section 43A to a public limited company, a fresh certificate of incorporation was issued dated September 26, 2000 by the RoC. Subsequently, the name of the Company was changed to `Tata Technologies Limited' and a fresh certificate of incorporation dated February 8, 2001, was issued by the RoC.
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.