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Tata Technologies Limited IPO Message Board (Page 145)

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198. shri kishan meena |   Link |  Bookmark | July 6, 2023 3:35:10 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
any information in this ipo delay or any ipo upcomming
197. johnlincoln |   Link |  Bookmark | July 6, 2023 3:01:07 PM
What are new allotment rules for bhni and shni
196. johnlincoln |   Link |  Bookmark | July 6, 2023 2:58:40 PM
What are new allotment rules for bhni and shni
196.1. IPO Small Investor |   Link |  Bookmark | July 7, 2023 7:46:28 AM
I request all the members to not answer similar Questions 100 Times. @johnlincoln Invest some time on this forum.

Just scroll chittorgarh forum or Google for this.

Everyday same questions from new members.
196.2. Sumitca |   Link |  Bookmark | July 9, 2023 12:42:11 AM
Allotment on lottery basis in both BHNI & SHNI
195. Suraj.... |   Link |  Bookmark | July 6, 2023 11:03:26 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@hchc  @Eagleye @sonal patel  And all other members Any update on dates?
194. Manav Walunj |   Link |  Bookmark | July 6, 2023 10:55:39 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Mainboard IPO GMP - 06/07/23
Tata Tech - 85/- Share
194.1. BullsEye 🎯 |   Link |  Bookmark | July 9, 2023 11:28:54 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
latest gmp plz
193. BullsEye 🎯 |   Link |  Bookmark | July 6, 2023 7:50:38 AM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
is any trades going on GMP btwn 75-85 ?
192. BullsEye 🎯 |   Link |  Bookmark | July 6, 2023 7:49:42 AM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
any confirmation on dates ?
191. 👑 King HR |   Link |  Bookmark | July 5, 2023 5:48:12 PM
Tata Technologies receives approval from SEBI for its first IPO in 19 years.

Some say it will be a multi-bagger, and others say that the company is facing multiple problems.

But what is the real story? Let's find out.

The company Tata Technologies operates in engineering, research, and development (ER&D) for the auto sector, among other industries, and it is a subsidiary of Tata Motors (own~75%)

In simple language, if any ABC company wants to build a vehicle from scratch, Tata Tech helps them design and manufacture the product and provides all sorts of assistance.

It is one of the leading ER&D companies in the world and has deep expertise in the auto sector.

Furthermore, since 2010, Tata Tech has been developing EV capabilities, offering end-to-end solutions for EV development.

As India moves toward carbon neutrality, the EV sector is growing exponentially, and Tata Tech is well-positioned to take advantage of this trend.

The company has very strong financials, with growing revenue and profitability. (Note - Tata Tech is completely in debt free )

In FY22, they recorded total revenue of Rs 3,530 crore with a growing profit of Rs 434 crore.

However, there are also some major weaknesses to consider.

>65% of its business comes from just 5 companies, meaning that if any two of these companies experience a slowdown, Tata Tech is likely to suffer as well.

>The company faces intense competition in the market from other companies.

>Employee attrition rates are high, indicating that retaining skilled employees may be a challenge for the company.

>Finally, the current economic slowdown and geopolitical turmoil could have a negative impact on the ER&D space.

But in the end, despite all the issues, Tata Technologies can be a game changer in the EV sector going forward, but for now, we have to see how they price the stock in the IPO.
190. GrowYourMoney |   Link |  Bookmark | July 5, 2023 4:12:54 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Most awaited IPO after Dmart
Hope will give Returns similar..
189. Desiinvestor???? |   Link |  Bookmark | July 5, 2023 11:27:30 AM
Tata technology ne Rhp files kr Diya hai kya anyone tell plz
188. AMIT IND |   Link |  Bookmark | July 5, 2023 10:33:44 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
BUZZ 🐝 AT BIG PLAYERS DESK

#TATA MOST AWAITED IPO DETAILS EXPECTED IN 24 hours

STRONG 💪 SOURCES.
188.3. RidhimaJ |   Link |  Bookmark | July 7, 2023 12:45:49 AM
Aapke strong sources to bohot hi weak nikle 😂

#JK
188.4. BullsEye 🎯 |   Link |  Bookmark | July 9, 2023 11:27:47 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
kya raha Amit ji
187. Manav Walunj |   Link |  Bookmark | July 5, 2023 9:02:49 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Mainboard IPO GMP - 05/07/23
Tata Tech - 77/- Share
186. GrowFast |   Link |  Bookmark | July 4, 2023 8:21:54 PM
THE MOST RELIABLE
List of Mainboard IPOs IN THE PIPELINE
(Status as on 30th June 2023)

A) DRHP Filed – SEBI Approval *Overdue*: DRHP filed >120 Days ago

1) WAPCOS >>> DRHP filing date 26-Sep-22
2) Indegene >>> DRHP filing date 16-Dec-22
3) Honasa Consumer >>> DRHP filing date 30-Dec-22

B) DRHP Filed – SEBI Approval *Awaited*: DRHP filed <120 Days ago

4) Motisons Jewellers >>> DRHP filing date 27-Mar-23
5) Pyramid Technoplast >>> DRHP filing date 31-Mar-23
6) Updater Services >>> DRHP filing date 31-Mar-23
7) Go Digit General Insurance >>> DRHP filing date 31-Mar-23
8) Oravel Stays >>> DRHP filing date 31-Mar-23
9) Samhi Hotels >>> DRHP filing date 31-Mar-23
10) Aeroflex Industries >>> DRHP filing date 13-Apr-23
11) Vishnu Prakash R Pungalia >>> DRHP filing date 19-Apr-23
12) TVS Supply Chain Solutions >>> DRHP filing date 28-Apr-23
13) Fincare Small Finance Bank >>> DRHP filing date 03-May-23
14) R R Kabel >>> DRHP filing date 09-May-23
15) JSW Infrastructure >>> DRHP filing date 10-May-23
16) Jupiter Life Line Hospitals >>> DRHP filing date 17-May-23
17) Valiant Laboratories >>> DRHP filing date 08-Jun-23
18) ASK Automotive >>> DRHP filing date 13-Jun-23
19) Western Carriers (India) >>> DRHP filing date 13-Jun-23
20) Mukka Proteins >>> DRHP filing date 15-Jun-23
21) RBZ Jewellers >>> DRHP filing date 19-Jun-23
22) AKME Fintrade (India) >>> DRHP filing date 30-Jun-23
23) Muthoot Microfin >>> DRHP filing date 04-Jul-23

C) SEBI Approval *Received (<4 months ago)*:

1) EMS >>> SEBI Approval 30-Jun-23
2) SPC Life Sciences >>> SEBI Approval 30-Jun-23
3) Ratnaveer Precision Engineering >>> SEBI Approval 30-Jun-23
4) Netweb Technologies India >>> SEBI Approval 28-Jun-23
5) Nova Agritech >>> SEBI Approval 26-Jun-23
6) SBFC Finance >>> SEBI Approval 23-Jun-23
7) Gandhar Oil Refinery (India) >>> SEBI Approval 23-Jun-23
8) Tata Technologies >>> SEBI Approval 21-Jun-23
9) Tata Play >>> SEBI Approval 26-Apr-23
10) Survival Technologies >>> SEBI Approval 10-Apr-23
11) EbixCash >>> SEBI Approval 10-Apr-23
12) Rashi Peripherals >>> SEBI Approval 31-Mar-23
13) Healthvista India >>> SEBI Approval 31-Mar-23
14) Zaggle Prepaid Ocean Services >>> SEBI Approval 29-Mar-23
15) J.G.Chemicals >>> SEBI Approval 20-Mar-23
16) IndiaFirst Life Insurance Company >>> SEBI Approval 15-Mar-23
17) R & B infra Project >>> SEBI Approval 03-Mar-23

D) SEBI Approval *Received (<7 months ago)*:

18) FirstMeridian Business Services >>> SEBI Approval 24-Feb-23
19) Lohia Corp >>> SEBI Approval 24-Feb-23
20) IRM Energy >>> SEBI Approval 21-Feb-23
21) Rishabh Instruments >>> SEBI Approval 17-Feb-23
22) Balaji Solutions >>> SEBI Approval 23-Jan-23
23) Enviro Infra Engineers >>> SEBI Approval 23-Jan-23
24) Innova Captab >>> SEBI Approval 11-Jan-23
25) Blue Jet Healthcare >>> SEBI Approval 09-Jan-23
26) Allied Blenders and Distillers >>> SEBI Approval 16-Dec-22
27) Snapdeal >>> SEBI Approval 08-Dec-22
28) Manoj Vaibhav Gems N Jewellers >>> SEBI Approval 02-Dec-22

E) SEBI Approval *Received (<12 months ago)*:

29) Concord Biotech >>> SEBI Approval 28-Nov-22
30) Signature Global (India) >>> SEBI Approval 24-Nov-22
31) Protean eGov Technologies >>> SEBI Approval 17-Nov-22
32) Yatra Online >>> SEBI Approval 17-Nov-22
33) Balaji Speciality Chemicals >>> SEBI Approval 15-Nov-22
34) Sai Silk Kalamandir >>> SEBI Approval 07-Nov-22
35) Utkarsh Small Finance Bank >>> SEBI Approval 21-Oct-22
36) Hemani Industries >>> SEBI Approval 13-Oct-22
37) Plaza Wires >>> SEBI Approval 12-Oct-22
38) BIBA Fashions >>> SEBI Approval 11-Oct-22
39) Mitsu Chem Plast >>> SEBI Approval 11-Oct-22
40) Deltatech Gaming >>> SEBI Approval 30-Sep-22
41) Pristine Logistics and Infraprojects >>> SEBI Approval 30-Sep-22
42) Gold Plus Glass Industry >>> SEBI Approval 23-Sep-22
43) Navi Technologies >>> SEBI Approval 05-Sep-22
44) Concord Enviro Systems >>> SEBI Approval 30-Aug-22
45) Prasol Chemicals >>> SEBI Approval 23-Aug-22
46) Vikram Solar >>> SEBI Approval 10-Aug-22
47) Yatharth Hospital & Trauma Care Services >>> SEBI Approval 02-Aug-22
48) Gujarat Polysol Chemicals >>> SEBI Approval 18-Jul-22
49) Corrtech International >>> SEBI Approval 01-Jul-22
185. 🙏जय श्री श्याम 🙏 |   Link |  Bookmark | July 4, 2023 6:40:45 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Tata Technologies Annual Report FY22-23

1. Revenue from operations: In FY23, the company achieved a revenue of ₹4,414.18 Crores 🚀, indicating a growth of 25.06% vs the previous year's ₹3,529.57 Crores.

2. Profit Before Tax (PBT): The company's PBT in FY23 was ₹796.15 Crores 🚀, showcasing a growth of 35.67% vs the previous year's ₹586.83 Crores.

3. Profit After Tax (PAT): FY23 witnessed a significant increase in PAT, with the company achieving ₹707.59 Crores 🚀 vs ₹434.01 Crores in FY22, representing a growth of 63.04%.

4. Earnings Per Share (EPS): The company's EPS saw a considerable improvement, reaching ₹15.37 🚀 in FY23 vs ₹10.77 in FY22, indicating a growth of 42.71%.

5. Book Value per Share (BV/Share): FY23 showed a noteworthy increase in BV/Share, rising to ₹73.69 🚀

6. Dividend: The company proposed dividend of Rs. ₹12.3 per share
184. Eagleye |   Link |  Bookmark | July 4, 2023 8:40:47 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Tata Technologies IPO – Schedule *(TENTATIVE)*

06th July – Announcement of Price Band
10th July – Anchor Investors Allotment
11th July – Offer Opens
14th July – Offer Closes
19th July – Finalisation of Basis of Allotment
20th July – Unblocking of funds from ASBA Account
21st July – Credit of Equity Shares to Demat accounts
24th July – Commencement of Trading

Tata Technologies IPO – Issue Information *(TENTATIVE)*

Issue Opens on: 11th July 2023
Issue Closes on: 14th July 2023
Issue Type: Book Built Issue IPO
Issue Size: 9,57,08,984 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.760 – Rs.800 Share *(TENTATIVE)*
Discount: NIL
Market Lot: 18 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 40,56,68,530 Shares
Fresh Issue of NIL Shares @800/- = Rs.NIL Crs
Offer for Sale of 9,57,08,984 Shares @800/- = Rs.7,656.72Crs
Equity Shares outstanding after the Issue = 40,56,68,530 Shares

Category-wise Break up:
Anchor – 2,87,12,695 Shares = 2,297.02Crs
QIB – 1,91,41,797 Shares = 1,531.34Crs
B-NII (>10L) – 95,70,898 Shares = 765.67Crs (Lot size: 252 = 37,980 Forms)
S-NII (2L-10L) – 47,85,449 Shares = 382.84Crs (Lot size: 252 = 18,990 Forms)
RII (<2L) – 3,34,98,145 Shares = 2,679.85Crs (Lot size: 18 = 18,61,008 Forms)
Total Issue – 9,57,08,984 Shares = 7,656.72Crs.

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, L&T Technology Services, Tata Elxsi

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

Anchor = 2,297.02Crs
QIB = 1,531.34Crs

B-NII (>10L) Application = 37,980 Forms (for lotsize of 252)
S-NII (2L-10L) Application = 18,990 Forms (for lotsize of 252)
RII (<2L) Application = 18,61,008 Forms (for lotsize of 18)

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

QIB = 85K Crs. = ~55.51X

B-NII (>10L) = 65K Forms = 1.71X Applic. wise (Avg allotment ~147.24 shares)

S-NII (2L-10L) = 125K Forms = 6.58X Applic. wise (Avg allotment ~42.54 shares)

RII (<2L) Application = 30L Forms = 1.61X Applic. wise (Avg allotment ~11.17 shares)

Interest cost *@10.00%p.a.* for 7days = *153.42paise for 1X*

Thus,
for QIB the costing = 62.69 X 153.42paise = Rs.85.16 per share (= GMP)

for B-NII (>10L) the costing = 147.24 X 85.16 = Rs.12,540/- per form

for S-NII (2L-10L) the costing = 42.54 X 85.16 = Rs.3,623/- per form

And, for RII (<2L) the costing = 11.17 X 85.16 = Rs.951/- (= Kostak)

Tata Technologies IPO – *GMP Estimated* (as on 03/July)

GMP = 85 +/- 1

KOSTAK:
for B-NII (>10L) = 12,500/-
for S-NII (2L-10L) = 3,600/-
for RII (<2L) = 950/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 280) = 19,000/-
for RII (<2L) (for lotsize of 20) = 1,225/-

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

Pre-opening = 145L shares (NSE + BSE)
EOD = 570L shares (NSE + BSE)

Tata Technologies IPO – Expected Listing

@950 +/- 25
184.4. German |   Link |  Bookmark | July 4, 2023 4:52:42 PM (200+ Posts)
In any case allotment should not be tough
184.5. Palka |   Link |  Bookmark | July 4, 2023 4:55:58 PM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
One can apply in both the category ie one in shareholder category and another in general category
183. IPOFormFiller |   Link |  Bookmark | July 4, 2023 10:43:17 AM
IPO ke form bharne ke liye koi software available hai kya.
183.1. papon |   Link |  Bookmark | July 4, 2023 3:04:02 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Bank ASBA software and various UPI software
182. Eagleye |   Link |  Bookmark | July 4, 2023 4:51:17 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
TATA TECHNOLOGIES FY23

TOP LINE = 4400 CRS+
PBT = 796crs
PAT = 625CRS
Dividend = Rs12.30 per share of FV Rs.2
182.1. newgen consultancy |   Link |  Bookmark | July 4, 2023 6:34:35 AM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
If PAT is at 625 cr then valuations are ATTRACTIVE

PE- 45.43

TATAS GAINING TRUST AGAIN
# khelahobe
181. BullsEye 🎯 |   Link |  Bookmark | July 3, 2023 1:12:16 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Wipro buyback...
387 out of 500 accepted.
180. newgen consultancy |   Link |  Bookmark | July 3, 2023 11:40:30 AM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
Good profit booking will be se soon .
Decrease positions
179. newgen consultancy |   Link |  Bookmark | July 2, 2023 6:46:44 PM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
I had recommended Godawari power and ispat on 12 june .
Hope so the person had asked for stocks had made money
Price on 12 June : 404
Current price : 529
Return : 31% in 20 days Hold for 650 if you had taken
179.5. newgen consultancy |   Link |  Bookmark | July 3, 2023 10:08:43 AM
IPO Guru IPO Guru (3400+ Posts, 6000+ Likes)
@PUTIN J&K bank is also looking good
179.6. Cyclodium |   Link |  Bookmark | July 3, 2023 10:29:52 AM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Fusion microfinance ko to maine 400 be becha tha