Tata Technologies IPO Date, Expected Price, Lot Size, GMP & Allotment Dates

Tata Technologies IPO Date, Expected Price, Lot Size, GMP & Allotment Dates: The IPO of a company of Ratan Tata’s Tata Group is about to come after 19 years. This company belongs to Tata Technologies. Prior to this, in the year 2004, the IPO of TCS Company came. There is tremendous enthusiasm among investors regarding the IPO of Tata Technology.

Tata Technologies IPO Date

According to media reports, the IPO of Tata Technologies may be launched on July 11. However, no official announcement has been made about this yet. The possibility of the IPO of Tata Technologies coming on this date is also being expressed on social media. Let us tell you that SEBI has approved Tata Technologies IPO this week. According to a report.

Tata Technologies is trading at a premium of Rs 76 in the grey market. There is a boom in GMP. Tell that this IPO of Tata Technologies will be of the nature of the offer for sale. Tata Motors is going to sell its 20 percent stake through this IPO. The total stake of Tata Motors in Tata Technologies was 74.69 percent. Here you can check out Tata Technologies IPO Date, Expected Price, Lot Size, GMP & Allotment Dates.

Tata Technologies IPO Expected Price, Lot Size, GMP & Allotment Dates – Overview

Article	TATA Technologies IPO Date, expected price, Lot Size, GMP, and Allotment dates
Name	Tata Technologies
Founded In	1989
Type	Private
Owner	Tata Motors
Service Provided	Design and Engineering, Product development, Product Lifecycle, and Management
Headquarters	Pune
Clients	From 27 Countries
Revenue	Rs. 4,414 Crores
Net Income	Rs. 624 Crores
Global Delivery centers	19
CEO	Warren Harris
Number of employees	11,000

Lot Size of Tata Technologies IPO

When the IPO of TCS came, Ratan Tata was the chairman of the Tata Group at that time. This is about 18 years old. This will be the first IPO of the Tata Group after N Chandrasekaran became the chairman of Tata Sons in 2017. Please tell us that Tata Technologies is a subsidiary company of Tata Motors. Tata Motors holds a 74 percent stake in Tata Technologies.

The revenue of Tata Technologies in the financial year 2021-22 was Rs 3529.6 crore. During this period, the operative profit was Rs 645.6 crore and the profit after tax (PAT) was Rs 437 crore. On Friday, Tata Motors Share (TATA Motors Share) closed at 441.60 with a gain of 2.51 percent on the Bombay Stock Exchange (BSE).

Tata Technologies IPO Expected Price

Tata Technologies IPO can generate good earnings for the shareholders of Tata Motors. IIFL Securities Vice President Anuj Gupta said the Tata Technologies IPO could unlock value for Tata Motors shareholders. He said that Tata Technologies has not yet announced the price of the IPO.

But it is sure that its market cap will be around Rs 18,000 crore to Rs 20,000 crore, and based on this Tata Technologies IPO will be priced at around Rs 40 per equity share can expect.

Total Market Capitalization of Tata Group

The total market capitalization of the Tata Group is Rs 11.7 lakh crore. Stock market investors are eagerly waiting for Tata Technologies IPO. Because after 19 years people will get a chance to invest in Tata Group’s IPO.

The last IPO of this Tata Group company came in July 2004. This IPO was of Tata Consultancy Services Company. The IPO of Tata Technologies Company will be launched entirely under the issue offered for sale. In this IPO, the shareholders of the company will sell 9.57 crore shares in the open market. This is 23.60 percent of the paid-up share capital. Tata Technologies is a subsidiary of Tata Motors.

Tata Technologies IPO: Conclusion

Prior to this, in the year 2004, the IPO of TCS Company came. However, no official announcement has been made about the IPO yet. The possibility of the IPO of Tata Technologies coming on this date is also being expressed on social media. When the IPO of TCS came, Ratan Tata was the chairman of the Tata Group at that time. This is about 18 years old.

This will be the first IPO of the Tata Group after N Chandrasekaran became the chairman of Tata Sons in 2017. Please tell us that Tata Technologies is a subsidiary company of Tata Motors. Because after 19 years people will get a chance to invest in Tata Group’s IPO. The last IPO of this Tata Group company came in July 2004.

FAQs related to Tata Technologies IPO

1. Who is the chairman of Tata Technologies in the last IPO?

Ratan Tata was the chairman of the Tata Group at that time.

2. At how much amount premium Tata technology is trading?

Tata Technologies is trading at a premium of Rs 76 in the grey market.