Tata Technologies IPO vs Udayshivakumar Infra IPO

Comparision between Tata Technologies IPO and Udayshivakumar Infra IPO.

IPO Details

Tata Technologies IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Udayshivakumar Infra IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Tata Technologies IPO	Udayshivakumar Infra IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Jm Financial Limited Citigroup Global Markets India Private Limited Bofa Securities India Limited	Saffron Capital Advisors Private Limited
Registrar	Link Intime India Private Ltd	Mas Services Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Tata Technologies IPO is up to ₹3,042.51 Cr whereas the issue size of the Udayshivakumar Infra IPO is up to ₹66.00 Cr. The final issue price of Tata Technologies IPO is ₹500.00 per share and of Udayshivakumar Infra IPO is ₹35.00 per share.

	Tata Technologies IPO	Udayshivakumar Infra IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹475.00 per share	₹33.00 per share
Issue Price (Upper)	₹500.00 per share	₹35.00 per share
Issue Price (Final)	₹500.00 per share	₹35.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	30 shares	428 shares
Fresh Issue Size		2,00,00,000 shares
Fresh Issue Size (Amount)		up to ₹66.00 Cr
OFS Issue Size	6,08,50,278 shares
OFS Issue Size (Amount)	up to ₹3,042.51 Cr
Issue Size Total	6,08,50,278 shares	2,00,00,000 shares
Issue Size Total (Amount)	up to ₹3,042.51 Cr	up to ₹66.00 Cr

IPO Timetable

Tata Technologies IPO opens on Nov 22, 2023, while Udayshivakumar Infra IPO opens on Mar 20, 2023. The closing date of Tata Technologies IPO and Udayshivakumar Infra IPO is Nov 24, 2023, and Mar 23, 2023, respectively.

	Tata Technologies IPO	Udayshivakumar Infra IPO
Anchor Bid Date	Nov 21, 2023	Mar 17, 2023
Issue Open	Nov 22, 2023	Mar 20, 2023
Issue Close	Nov 24, 2023	Mar 23, 2023
Basis Of Allotment (Tentative)	Nov 28, 2023	Mar 28, 2023
Initiation of Refunds (Tentative)	Nov 29, 2023	Mar 29, 2023
Credit of Share (Tentative)	Nov 29, 2023	Mar 31, 2023
Listing date (Tentative)	Nov 30, 2023	Apr 03, 2023
Anchor Lockin End date 1	Dec 28, 2023	Apr 27, 2023
Anchor Lockin End date 2	Feb 26, 2024	Jun 26, 2023

Financials

Tata Technologies IPO P/E ratio is 32.53, as compared to Udayshivakumar Infra IPO P/E ratio of 9.67.

Tata Technologies IPO

Udayshivakumar Infra IPO

Financial

Tata Technologies Limited Financial Information (Restated Consolidated)

Tata Technologies Limited's revenue increased by 25.81% and profit after tax (PAT) rose by 42.8% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,142.42	5,201.49	4,218.00	3,572.74
Revenue	2,587.42	4,501.93	3,578.38	2,425.74
Profit After Tax	351.90	624.04	436.99	239.17
Net Worth	2,853.13	2,989.47	2,280.16	2,142.15
Reserves and Surplus	2,455.29	2,605.60	2,028.93	1,897.46
Total Borrowing
Amount in ₹ Crore

Udayshivakumar Infra Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	158.26	194.41	10.49	46.87	33.95
31-Mar-21	146.82	211.11	9.32	56.18	30.60
31-Mar-22	162.61	186.39	12.15	68.32	26.48
30-Sep-22	178.90	107.14	10.02	78.34	39.46
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

66.79%

100.00%

Promoter Shareholding (Post-Issue)

55.39%

65.9%

P/E Ratio

32.53

9.67

Market Cap

₹20283.43 Cr.

₹193.75 Cr.

ROE

17.80%%

ROCE

20.71%%

Debt/Equity

0.16

EPS

₹15.37

RoNW

20.87%%

Shares Offered

In the Tata Technologies IPO retail investors (RII) are offered 1,84,57,919 shares while in Udayshivakumar Infra IPO retail investors are offered 1,84,57,919 shares. Qualified institutional buyers (QIB) are offered 1,05,47,382 shares in Tata Technologies IPO and 18,85,715 shares in Udayshivakumar Infra IPO.

	Tata Technologies IPO	Udayshivakumar Infra IPO
Anchor Investor Reserveration	1,58,21,071 shares
Market Maker Reserveration
QIB	1,05,47,382 shares	18,85,715 shares
NII	79,10,537 shares	56,57,142 shares
RII	1,84,57,919 shares	1,13,14,285 shares
Employee	20,28,342 shares	0 shares
Others
Total	4,50,29,207 shares	1,88,57,142 shares

Bids Received (Subscription)

Tata Technologies IPO subscribed 69.43x in total, whereas Udayshivakumar Infra IPO subscribed 32.49x.

	Tata Technologies IPO	Udayshivakumar Infra IPO
QIB (times)	203.41x	42.92x
NII (times)	62.11x	64.08x
Big NII (times)	70.67x	63.54x
Small NII (times)	44.98x	65.14x
RII (times)	16.50x	14.95x
Employee (times)	3.70x
Other (times)	29.20x
Total (times)	69.43x	32.49x

Compare with others

Tata Technologies IPO	Udayshivakumar Infra IPO
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Cyient DLM IPO	Tata Technologies IPO
ideaForge Technology IPO	Nexus Select Trust REIT
HMA Agro Industries IPO	Mankind Pharma IPO
IKIO Lighting IPO	Avalon Technologies IPO
Nexus Select Trust REIT	Global Surfaces IPO
Mankind Pharma IPO	Divgi TorqTransfer Systems IPO
Avalon Technologies IPO	Signatureglobal India IPO
Udayshivakumar Infra IPO	Radiant Cash Management IPO
Global Surfaces IPO	KFin Technologies IPO

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