Tata Technologies Limited IPO Message Board (Page 136)

Hello Team,
Which is the last date to buy tata motors share in order to eligible to apply in shareholder quota of tata technologies ipo. Please advise experts. Thank you in advance.

Hi @UjwalG  Thank you for your advice and Guidance. Just one more question even if we have 1 share of tata motors, we eligible to apply 1 lot application right ? Please advise. Thanks!

Yes 1 share is enough. You could apply upto 2lk rs if you are a sh.
Ps, SH quota is proportionate basis, the higher you bid(14 lots), the higher allotment priority is given to you as compared to those who bid 1/2 lots in sh quota. Happy investing

Tata Technologies IPO – *GMP Estimated* (as on 14/Oct)

GMP = 260 +/- 2

KOSTAK:
for B-NII (>10L) = 20,000/- (assuming 65K valid applications)
for S-NII (2L-10L) = 5,200/- (assuming125K valid applications)
for RII (<2L) = 1,500/- (assuming 30L valid applications)

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 455) = 94,000/-
for RII (<2L) (for lotsize of 35) = 7,000/-

Wellcome. Any idea about approx share price and approx total issue size.

expected date ?

Gmp 255 -260🔥🔥⬆️⬆️
Very high spike on gmp

I would love it if Tata Tech issue is in 3-7 Nov, allotment on 8th (Link intime makes it possible), listing on 10th i.e. on dhanteras.

​@ValueSeeker  Any significance of Muhurat session being conducted on Sunday this time? As only Indian markets will remain open for short time and rest others are closed.

I don't think it will be any different from any other muhurat session.
It will play out as per Friday's foreign market close and our own festive mood.

Total issue size?

2200 cr

I think shareholder category jada crowded rahegi as compared to retail category.
Aap kya sochte hai ??

​@ValueSeeker That's true..

In share holders category proportional allotment will be done. So it will be highly oversubscribed. So allotment will be made by lottery . No assured minimum guarantee.

Any information as to when RHP is going to be filed? Thanks 🙏

​@newgen consultancy There so much demand and excitement that no news can dampen the sentiment. Tata ka naam hi kaafi hai. Bindas le ayo IPO. 👍🙏

You think such a way , I Too think the same
But Tatas will always make a decision when everything is neutral or positive
Unka itne salon baad IPO aa raha he , voh bhi itna bada , Voh sare chize dekh kar hi decision lenge

IPO jaroor aayega

TATA Tech have done back door deal by its selling 9.9% stake to TPG before IPO. I think it further delay this IPO process.

Dear Friends, "A forced IPO is the process whereby a private company is forced to become publicly traded. It occurs due to U.S. securities regulations prohibiting private companies from having more than 500 shareholders and $10 million in assets."
SEBI must introduce forced IPO listing rule just like US very soon because, a lot of very good companies & their Subsidiaries/ Associate companies are available in the Unlisted market in the sectors like IT/ Realty/ Chemicals/ BFSI/ Oil & Gas etc. having huge Market cap, Sales, Revenue, NP etc. like Accenture, Capgemini, Genpact, PWC, Samsung, Sony, LG, Philips, CSK, Serum Inst, HDB Finance, Hero fincorp etc. Their share price in the unlisted market is abnormal.
We must write to the Ministry/ SEBI or try our best to list the unlisted companies as soon as possible because, SEBI is trying the best to attract more investors in the primary market like planning to introduce 'Fractional Investments', 'T+0' Settlement days, 'T+6' Listing rule for IPOs etc.
So, pl. do the needful at your earliest convenience. Eagerly waiting for your early actions.
Thanks in adv.

​@Eagleye Thanks for nice analysis.Retail shares seems to be incorrect..As per this calculation it should be approx 1.75 cr shares instead of 31 cr shares, though retail forms seems to be correct.
In the revised DRHP, are they keeping 35 percent for retail. Further can you please guide what is procedure now as they have submitted revised DRHP, will they get first approval for same from concerned authority and then submit RHP. If so , have they got approval on DRHP.
Further with high probability of allotment, will this high GMP survive or overhyped?

High probability of allotment?
In which category do you feel so?
In my opinion, it's going to be lapped up fast n furious in all categories.

Tata Technologies IPO – Issue Information *(TENTATIVE)*

Issue Opens on: ??th Nov 2023
Issue Closes on: ??th Nov 2023
Issue Type: Book Built Issue IPO
Issue Size: 5,55,47,800 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.400 – Rs.420 Share *(TENTATIVE)*
Discount: Rs.20 (only for TAMO Sh.holders) *(TENTATIVE)*
Market Lot: 35 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to & after the Issue = 40,56,68,530 Shares
Offer for Sale: 9,57,08,984 Shares = = Rs.3,935.60Crs
Pre-IPO allotted 4,01,61,184 Shares @402/- = Rs.1,613.70Crs
TAMO Sh.holders 55,54,780 Shares @400/- = Rs.222.19Crs
Net to Public 4,99,93,020 Shares @420/- = Rs.2099.71Crs

Category-wise Break up:
Anchor – 1,49,97,906 Shares = 629.91Crs
QIB – 99,98,604 Shares = 419.94Crs
B-NII (>10L) – 49,99,302 Shares = 209.97Crs (Lot size: 455 = 10,987 Forms)
S-NII (2L-10L) – 24,99,651 Shares = 104.99Crs (Lot size: 455 = 5,494 Forms)
RII (<2L) – 31,74,97,557 Shares = 734.90Crs (Lot size: 35 = 4,99,930 Forms)
TAMO Sh.holders – 55,54,780 Shares = 222.19Crs (Disc.20/-) (Lot size: 455 = 12,208 Forms)
Total Issue – 5,55,47,800 Shares = 2,321.90Crs.

Tata Technologies IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Red Herring Prospectus Dated March 09,2023 (480 pages)

EPS for FY19-20 >>> Rs.6.20 (Page #110 of DRHP)
EPS for FY20-21 >>> Rs.5.89 (Page #110 of DRHP)
EPS for FY21-22 >>> Rs.10.77 (Page #110 of DRHP)
EPS for 9M21-22 >>> Rs.8.17 (Page #110 of DRHP)
*EPS for 9M22-23 >>> Rs.10.04 (Page #110 of DRHP)*

RoNW for FY19-20 >>> 13.58% (Page #111 of DRHP)
RoNW for FY20-21 >>> 11.17% (Page #111 of DRHP)
RoNW for FY21-22 >>> 19.16% (Page #111 of DRHP)
RoNW for 9M21-22 >>> 13.37% (Page #111 of DRHP)
*RoNW for 9M22-23 >>> 14.80% (Page #111 of DRHP)*

NAV as on 31st December 2022, was Rs.677.08 (Page #111 of DRHP)

Listed Industry Peer Group (Page #112 of DRHP): KPIT Technologies, Tata Elxsi, L&T Technology Services

Tata Technologies IPO – *Required for 1X Subscription*:

Anchor = 629.91Crs
QIB = 419.94Crs

B-NII (>10L) Application = 10,987 Forms (for lotsize of 455)
S-NII (2L-10L) Application = 5,494 Forms (for lotsize of 455)
RII (<2L) Application = 4,99,930 Forms (for lotsize of 35)
TAMO Application = 12,208 Forms (for lotsize of 455)

Tata Technologies IPO – *Market’s Current Estimates of OverSubscription*:

QIB = 85K Crs. = ~202.41X

B-NII (>10L) = 65K Forms = 5.92X Applic. wise (Avg allotment ~76.91 shares)

S-NII (2L-10L) = 125K Forms = 22.75X Applic. wise (Avg allotment ~20 shares)

RII (<2L) Application = 30L Forms = 6.00X Applic. wise (Avg allotment ~5.83 shares)

TAMO Sh.holders (<2L) = 125K Forms = 10.24X Applic. wise (Avg allotment ~44.44 shares)

Interest cost *@10.00%p.a.* for 7days = *80.55paise for 1X*

Thus,
for QIB the costing = 202.41 X 80.55paise = Rs.163.04 per share (= GMP)

for B-NII (>10L) the costing = 76.91 X 163.04 = Rs.12,540/- per form

for S-NII (2L-10L) the costing = 20 X 163.04 = Rs.3,260/- per form

And, for RII (<2L) the costing = 5.83 X 163.04 = Rs.951/- (= Kostak)

Tata Technologies IPO – *GMP Estimated* (as on 13/Oct)

GMP = 165 +/- 5

KOSTAK:
for B-NII (>10L) = 12,500/-
for S-NII (2L-10L) = 3,300/-
for RII (<2L) = 950/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 455) = 60,000/-
for RII (<2L) (for lotsize of 35) = 4,500/-

Tata Technologies IPO – *Expected Delivery Volume on Listing Day*

Pre-opening = 90L shares (NSE + BSE)
EOD = 345L shares (NSE + BSE)

Hello
Eagleye mam
please make fresh and updated statement as lots of ipo on same date and gmp is also changed.
Thanks

🙏🏼

Current GMP : 258-264

Set to go 300 🔼⏫️

CAN I BUY TOMRROW FOR SHAREHOLDER TATA MOTOR ON 16/10/2023

Yes

Yes, but hope and pray that RHP is not filed on Monday, because then your buying Tata Motors share will not be helpful..

​@svh , @newgen consultancy 
As the share holder quota application is limited to 2 lakh.
How will the allotment process be ?
Proportionate or same as retail ?
Any benefit in applying full 2 lakh application vs single lot application ?

Thanks in Advance 🙏

​@devilbhai It entirely depends on how much it gets subscribed. If the SH quota is subscribed 1 time, then everybody will get what he or she bids for under SH quota. If it gets subscribed 2x, everybody will get half of what they bid for, and so on.

​@ValueSeeker , everybody cannot get half.
Minimum allotment would be one lot.
Also, I think with the over subscription the allotment may be similar to retail and everyone can get max 1 lot under share holders quota.

Can I buy tata motors shares for Tata technology share holder quota on Monday

Yes
You can

GMP 230-240

260++

I am very disappointed .... since size is reduced due to pre ipo placement.... now it is around 2000-2200 cr .... it is like rrkabel only..... tough allotment..... did not get allotment since last 19 ipo applying 2 bhni continuosly....mmm

नागौर, गंगानगर, हनुमानगढ़ मैं कै भाव ताव चाल रिया छै?

Buy DIXON reports of heavy television sets damaged in pak

Your assumption may go wrong, bcs they don't have enough money to buy television of DIXON :)

Tata Technologies IPO – *GMP Estimated* (as on 14/Oct)

GMP = 250 +/- 5

KOSTAK:
for B-NII (>10L) = 19,250/-
for S-NII (2L-10L) = 7,000/-
for RII (<2L) = 1,450/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 455) = 91,000/-
for RII (<2L) (for lotsize of 35) = 7,000/-

SH kostak any rates (estimate)