IPO Details

Bidding Dates

22 Nov '23 - 24 Nov '23

Minimum Investment

₹15,000 / 1 Lots ( 30 Shares )

Price Range

₹475 - ₹500

Maximum Investment

₹195,000 / 13 Lots ( 390 Shares )

Retail Discount

Not Applicable

Issue Size

₹3,042.51 Cr

Investor category and sub category

Qualified Institutional Buyers  |   Non-Institutional Investors  |   Retail Individual Investors  |  

IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Nov 22, 2023

IPO Closing Date

Nov 24, 2023

Basis of Allotment

Nov 29, 2023

Initiation of Refunds

Nov 29, 2023

Credit of Shares to Demat Account

Nov 29, 2023

IPO Listing Date

Nov 30, 2023

UPI Mandate Expiry Date

Nov 24, 2023

Tata Technologies IPO Subscription Details


Day 1Nov 22, 2023

4.08x 11.93x 6.05x 1.27x 5.61x 6.34x

Day 2Nov 23, 2023

8.55x 31.07x 11.27x 2.38x 20.13x 14.91x

Day 3Nov 24, 2023

203.41x 62.11x 16.50x 3.70x 29.19x 69.43x

Tata Technologies IPO Subscription Status Live

Investor Category Subscription (Times)
Qualified Institutions Buyers 203.41
Non-Institutional Buyers 62.11
Retail Investors 16.50
Employees 3.70
Others 29.19
Total 69.43

About Company

Incorporated as Core Software Systems Private Limited on August 22, 1994, Tata Technologies Limited is a leading global engineering services company that offers product development and digital solutions, such as turnkey solutions, to global Original Equipment Manufacturers (OEMs) and their tier-1 suppliers. The company has extensive domain expertise in the automotive industry and uses it to serve its clients in aerospace and Transportation and Construction Heavy Machinery (TCHM). 

Tata Technologies is a part of the Tata Group and a subsidiary of Tata Motors Limited. The company has a diverse client base in countries such as India, Europe, North America, etc. As of September 30, 2023, they have 19 global delivery centres spread across Europe, North America, and Asia Pacific. 

By 2026, digital engineering spending is expected to grow at a CAGR of ~16%, from ₹66,498 billion in 2022 to ₹2,19,361 billion in 2026. The largest contributing industry verticals are automotive, aerospace, software, telecom, healthcare, etc. 

Tata Technologies Limited IPO Details

Tata Technologies Limited IPO Date 

Tata Technologies Limited’s IPO will open on November 22, 2023, and close on November 24, 2023. The IPO will be listed on BSE and NSE on December 5, 2023.

Tata Technologies Limited IPO Price Band

Tata Technologies Limited is an Offer for Sale of 60,850,278 shares. The issue price band has not yet been announced.

Tata Technologies Limited IPO Lot Size

Tata Technologies Limited’s IPO lot size is not yet announced.

Tata Technologies Limited IPO Objectives 

The objectives of Tata Technologies Limited's IPO are listed below:

  • To achieve the benefits of listing the shares on the stock exchanges. 
  • To carry out the Offer for Sale of up to 60,850,278 equity shares by the selling shareholders. 

Peer Details

Tata Technologies Limited faces competition from publicly listed players like KPIT Technologies Limited, L&T Technology Services Limited and Tata Elxsi Limited, which operate in the same business. 

How To Check the Tata Technologies Limited Allotment Status?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Go to the IPO Section and then to IPO Orders
  • Select the individual IPO that you had applied for and check the allotment status.
  • Angel One will notify you of your IPO allotment status via push notification and email.

Open a demat account with Angel One to apply for the Tata Technologies Limited IPO.

Contact Details of Tata Technologies Limited IPO

  • Registered office: Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune 411 057, Maharashtra, India. 
  • Phone: +91 20 6652 9090


Tata Technologies Company Financials

Particulars Period ending on September 30, 2023 Period ending on March 31, 2023 Period ending on March 31, 2022 Period ending on March 31, 2021
Total Income 25,874.24 45,019.29 35,783.82 24,257.38
Profit 3,519.01 6,240.37 4,369.91 2,391.73
Net Worth 28,531.27 29,894.71 22,801.61 21,421.54
Earnings Per Share (in ₹) 8.67 15.38 10.77 5.89

Know before investing


  1. They have deep domain knowledge and expertise in the automotive industry.

  2. They offer end-to-end solutions for EV development, manufacturing and after-sales services.

  3. The company is a global player with marquee clients from Europe, North America, and Asia Pacific.


  1. A material portion of their revenue comes from the top 5 clients.

  2. They derive their revenue primarily from the automotive industry, and its performance can impact the company’s operation, cash flow, and revenue.

  3. Uncertainties in the EV sector can impact future operations and cash flow.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Tata Technologies IPO FAQs

What is Tata Technologies Ltd. Ltd. IPO?

The Tata Technologies Ltd IPO is an Offer for Sale of 60,850,278 shares. The IPO will open on November 22, 2023.

When will Tata Technologies Ltd. IPO allotment available?

The Basis of Allotment will happen on Thursday, November 30, 2023.

When will Tata Technologies Limited's IPO open for subscription?

The IPO subscription window will open on Wednesday, November 22, 2023.

When will Tata Technologies Limited list on exchanges?

Tata Technologies Ltd IPO will be listed on BSE and NSE exchanges on  Tuesday, December 5, 2023.

What would be the listing gains on the Tata Technologies Limited IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is  Tuesday, December 5, 2023, for Tata Technologies Ltd. 

I have finished the application process for the Tata Technologies Limited IPO, but the funds still need to be debited. What is the reason?

The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you. 

How do I approve the UPI mandate request for Tata Technologies Limited's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Tata Technologies Limited using one PAN?

You can submit only one application using your PAN card.