Tata Technologies IPO: Investors in the stock market frequently hold off on making investments in new businesses until after their initial public offering (IPO). Let us inform you that Tata Technologies, a Tata company, is about to go public and is a great place to invest if you’re looking to put money into a new business.
The Tata Group is a long-standing Indian conglomerate that owns numerous businesses, including Titan, Tata Steel, and Tata Motors. When it comes to the Tata Group’s enterprises on the stock market, a lot of people have invested in them and received excellent profits, and these companies are now prepared to become public.
Also, the Tata Group is putting one of its enterprises to market through an initial public offering (IPO) after nearly two decades. Tata Technologies is the name of this Tata Group firm. Consequently, we shall read all of the details on Tata Technologies’ IPO in today’s article.
Tata Technologies IPO Details
| Company | Tata Technologies |
| IPO Open Date | 22-November-2023 |
| IPO Close Date | 24-November-2023 |
| Price Band | ₹475 to ₹500 |
The Tata Technologies company’s initial public offering (IPO) stock market will start for investors on November 22 and remain open until November 24. The pricing range for Tata Technologies‘ initial public offering (IPO) is reportedly set between Rs 475 and Rs 500. The Tata company is valued at roughly Rs 20 thousand crores at this price range.
This Tata company’s IPO is exclusively offer-for-sale (OFS). The corporation does not issue additional shares during an offer-for-sale (OFS); instead, current owners offer their shares for sale.
Tata Technologies IPO Lot Size
For the Tata Technologies IPO, a large number of thirty shares have been established for individual investors. Investors must therefore contribute a minimum of Rs 15,000 in a single lot to this company’s IPO. Additionally, the maximum number of lots in which a retail investor may participate is 13; they are not permitted to invest in more lots than this.
Therefore, you must have at least Rs 15,000 available in your demat account if you intend to participate in the Tata Technologies IPO.
Tata Technologies IPO Listing
Regarding Tata Technologies’ first public offering (IPO), the business will list on the NSE and BSE stock markets on December 5th, following the IPO. In other words, you will be able to purchase this company’s shares on the NSE and BSE exchanges starting on December 5. We must now, however, observe the amount of profit this company provides to its IPO investors.
Tata Technologies Financials
When it comes to Tata Technologies‘ financial situation, the corporation did quite well from July to September of 2023. The net profit of the corporation has increased by 36% over this time. In the second quarter of current year, the company’s overall net profit was Rs 351.09 crore.
In addition, if we discuss revenue, this company’s revenue has increased to Rs 2526.70 crore on an annual basis, representing a growth of 33.8 percent.
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FAQ: Tata Technologies IPO
Q : What date will Tata Technologies go public?
Ans : The Tata Technologies initial public offering (IPO) will open for investors on November 22 and run until November 24.
Q : What is the required investment amount for the Tata Technologies IPO?
Ans : As little as ₹15,000 is available for retail investors to invest in the Tata Technologies IPO.