Tata Technologies IPO allotment finalised | Check out today’s GMP

Tata Technologies IPO share allotment has been finalised today. The investors who applied for the issue can check Tata Technologies IPO allotment status in the registrar’s portal i.e Link Intime India Private Ltd.

Tata Tech IPO GMP today or grey market premium, is +433 on wednesday. This indicate that the share may be listing near Rs 933.

You can check Tata Technologies IPO allotment status of your application on below link – Tata Tech IPO link- https://linkintime.co.in/MIPO/Ipoallotment.html

Tata Technologies IPO Details

IPO Date November 22, 2023 to November 24, 2023
Listing Date November 30, 2023
Face Value ₹2 per share
Price Band ₹475 to ₹500 per share
Lot Size 30 Shares
Total Issue Size 60,850,278 shares
(aggregating up to ₹3,042.51 Cr)
Offer for Sale 60,850,278 shares of ₹2
(aggregating up to ₹3,042.51 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 405,668,530
Share holding post issue 405,668,530

ata Technologies IPO Timeline (Tentative Schedule)

Tata Technologies IPO opens on November 22, 2023, and closes on November 24, 2023.

IPO Open Date Wednesday, November 22, 2023
IPO Close Date Friday, November 24, 2023
Basis of Allotment Tuesday, November 28, 2023
Initiation of Refunds Wednesday, November 29, 2023
Credit of Shares to Demat Wednesday, November 29, 2023
Listing Date Thursday, November 30, 2023
Cut-off time for UPI mandate confirmation 5 PM on November 24, 2023

Tata Technologies IPO Lot Size

Investors can bid for a minimum of 30 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 30 ₹15,000
Retail (Max) 13 390 ₹195,000
S-HNI (Min) 14 420 ₹210,000
S-HNI (Max) 66 1,980 ₹990,000
B-HNI (Min) 67 2,010 ₹1,005,000

About Tata Technology

Tata Technologies, a subsidiary of the esteemed Tata Group, stands as a global leader in engineering and product minutiae IT services. Established in 1989, the visitor has unceasingly demonstrated its transferral to delivering innovative solutions and cutting-edge technologies wideness various industries.

Founding Principles:
The founding principles of Tata Technologies revolve virtually leveraging technology to empower businesses and momentum sustainable growth. With a focus on engineering and design, the visitor has been instrumental in helping clients navigate ramified challenges and enhance their product minutiae processes.

Service Offerings:
Tata Technologies offers a comprehensive suite of services that encompasses product engineering, manufacturing solutions, and digital transformation. The company’s expertise extends to areas such as PLM (Product Lifecycle Management), CAD (Computer-Aided Design), CAM (Computer-Aided Manufacturing), and various other engineering and diamond technologies.

Global Presence:
Headquartered in Pune, India, Tata Technologies has strategically expanded its footprint to establish a global presence. The visitor operates in key regions virtually the world, including North America, Europe, and the Asia-Pacific. This widespread reach enables Tata Technologies to interreact with diverse clients and transmute to the evolving needs of variegated markets.

Innovation Hub:
At the cadre of Tata Technologies’ success is its transferral to innovation. The visitor has established innovation hubs and engineering centers equipped with state-of-the-art facilities and cutting-edge technologies. These hubs serve as collaborative spaces where interdisciplinary teams work together to ideate, prototype, and develop groundbreaking solutions.

Digital Transformation:
Recognizing the transformative power of digital technologies, Tata Technologies urgently engages in digital initiatives to help businesses embrace Industry 4.0. The visitor supports clients in their digital transformation journey, incorporating technologies like IoT (Internet of Things), AI (Artificial Intelligence), and data analytics to momentum efficiency and competitiveness.

Tata Technology and Electric Vehicles:
In structuring with global trends, Tata Technologies plays a crucial role in the automotive sector’s shift toward electric vehicles (EVs). The visitor contributes its engineering expertise to develop solutions for EV platforms, shower technologies, and unfluctuating mobility. This underscores Tata Technologies’ transferral to sustainable and eco-friendly innovations.

Collaborations and Partnerships:
Tata Technologies has fostered strategic collaborations and partnerships with leading organizations, wonk institutions, and industry players. These alliances enable the visitor to stay at the forefront of technological advancements and contribute meaningfully to the evolving landscape of engineering and product development.

Recent Developments:
Recent developments indicate Tata Technologies’ continuous pursuit of excellence. The company’s involvement in cutting-edge projects, collaborations, and its contribution to the digital transformation journey of its clients underscore its forward-looking approach.

Corporate Social Responsibility (CSR):
Tata Technologies is moreover urgently engaged in various CSR initiatives, aligning with the Tata Group’s ethos of giving when to society. The visitor participates in social welfare projects, education initiatives, and polity minutiae programs, demonstrating a transferral to making a positive impact vastitude merchantry operations.

In essence, Tata Technologies epitomizes the Tata Group’s legacy of integrity, commitment, and excellence. As it continues to navigate the dynamic landscape of technology and engineering, the visitor remains defended to driving innovation and contributing to the success of its clients and the industries it serves.

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