Tata Technologies Limited IPO Message Board (Page 146)

Nifty Short term Tagets ????

a. Below 17500
b. Range bound in 500 points
c. Above 20000

plz vote max
so wht majorities will do we don't do
u knw wht i mean
.

.

Aapke message ki to line lagi hui he sirg

B

Prem 84/86

Dear @Admin @ Chittorgarh.com I have a request if you could please review to have same listing in order from Homepage and dropdown of IPOs.

Its bit confusing as to which IPO page we have visited , specially if multiple IPOs are active from homepage and dropdown. It would be easy if same order is followed.

Noted. Thx

Is there any reservation for Tata motors share holders?

Well Conform to RHP File hone k badh hi pata chalega...
Many Past IPO DRHP include Share holder Quota But Removed in RHP.

Issues price will be ??

A) 400-500
B) 500-650
C) 650-750
D) abv 750

A, size is huge, GMP is not that much.

Even those who all applied in Ideaforge (80% GMP) are applied here, bhni will remain below 2x.

si, Less price will be there.

Yes gaurav ji....bhni will be below 2X

In May 2023, we got the news about Tata Technologies IPO and trades started in grey market. But SEBI approval didn't come and trades stopped.

Now SEBI approval came. All grey trades of this IPO are valid till 31st July.

So IPO will 💯% open before 31 July.

Tata Technologies IPO – *GMP Estimated* (as on 30/June)

GMP = 85 +/- 1

KOSTAK:
for B-NII (>10L) = 12,500/-
for S-NII (2L-10L) = 3,250/-
for RII (<2L) = 950/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 280) = 19,000/-
for RII (<2L) (for lotsize of 20) = 1,350/-

___________________________________________________________________________

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

@850 +/- 25

@Eagleye  Kinldy post Ebixcash detail like this.

@Admin @ Chittorgarh.com  Request Pls Open New page for Ebixcash Pls

Thank for sharing valuable information

@hchc 
Wait for your Msg.. Date Declare karvo TATA Tech ki

I think hchc sir sebi mein job karte hai, that's why

@hchc  tab to maja aa jayega.... heavy allotment and both powerful 😍

@putin u know we love russian 😉 people ...😍☺️

Tata group apne ipo ke paise se donate karegha😀

TATA TECH KEY POINTERS ( TENTATIVE )

Price Band : 665-700 (tentative)
Total issue : 6700 cr (OFS)
Date : 11 July to 13 July
Listing : 24 July
FV : 2

M-cap : 28396.78 cr
PE ( on forward earnings) : 52.32

Peers
1.Cyient : 31.5
2.KPIT TECH : 78.7
3.L&T Tech : 34.8 ( 35% revenue)
4.TATA ELXCI : 62.66 ( not a exact peer)
5. Persistent systems : 40.55

@Sharvam You mean Radhakishan Damani.

If noting is left on the table one should not apply , but long term if is good buy or apply ,without second thought

Till March 29, 2021
Falguni Nayar , CEO of Nykaa was also an

independent director in TATA TECH for 2 terms but later retired .

Open: 11 July 2023
Close: 14 July 2023

Allotment:19 July
Listing: 24 July

Price: Rs 665 to Rs 700
Lot Size: 21 Shares
Face Value: Rs 2

Bakri Eid ke din price declare Kiya......ye log kahne kya chahte hai ?!?!?!

Tentative 700/

@manav valnuj.....mai samza sakta to puchchta kyu ?

PE is coming around 49-51 on forward earnings.
PE of Peers : Cyient Ltd - 31.5
L&T Tech : 34.8
KPIT : 78.7
Tata elxsi : 62.66

Valuations are ok
But very little scope left on the table

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 Technology IPO 👨‍💻

Open: 11 July 2023
Close: 14 July 2023

Mainboard IPO - Expected Date
TATA Technology IPO

Open: 11 July 2023
Close: 14 July 2023

Expected opening date?

In a circular issued on Monday, SEBI said under the proposed framework, funds shall remain in the bank account of the client but will be blocked in favour of the clearing corporation (CC) till the block is released by the CC, or debit of the block towards obligations arising out of the trading activity of the client, whichever is earlier.

Further, settlement for funds and securities will be done by the CC without the need for handling of client funds and securities by the member, it said.

Tata Technologies IPO – Schedule *(TENTATIVE)*

??th July – Announcement of Price Band
??th July – Anchor Investors Allotment
??th July – Offer Opens
??th July – Offer Closes
??th July – Finalisation of Basis of Allotment
??th July – Unblocking of funds from ASBA Account
??th July – Credit of Equity Shares to Demat accounts
??th July – Commencement of Trading

Tata Technologies IPO – Issue Information *(TENTATIVE)*

Issue Opens on: ??th July 2023
Issue Closes on: ??th July 2023
Issue Type: Book Built Issue IPO
Issue Size: 9,57,08,984 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.665 – Rs.700 Share *(TENTATIVE)*
Discount: NIL
Market Lot: 21 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 40,56,68,530 Shares
Fresh Issue of NIL Shares @600/- = Rs.NIL Crs
Offer for Sale of 9,57,08,984 Shares @700/- = Rs.6,699.63Crs
Equity Shares outstanding after the Issue = 40,56,68,530 Shares

Category-wise Break up:
Anchor – 2,87,12,695 Shares = 2,009.89Crs
QIB – 1,91,41,797 Shares = 1,339.93Crs
B-NII (>10L) – 95,70,898 Shares = 669.96Crs (Lot size: 294 = 32,554 Forms)
S-NII (2L-10L) – 47,85,449 Shares = 334.98Crs (Lot size: 294 = 16,277 Forms)
RII (<2L) – 3,34,98,145 Shares = 2,344.87Crs (Lot size: 21 = 15,95,150 Forms)
Total Issue – 9,57,08,984 Shares = 6,699.63Crs.

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 = 2,009.89Crs
QIB = 1,339.93Crs

B-NII (>10L) Application = 32,554 Forms (for lotsize of 294)
S-NII (2L-10L) Application = 16,277 Forms (for lotsize of 294)
RII (<2L) Application = 15,95,150 Forms (for lotsize of 21)

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

QIB = 83K Crs. = ~61.94X

B-NII (>10L) = 75K Forms = 2.30X Applic. wise (Avg allotment ~127.61 shares)

S-NII (2L-10L) = 120K Forms = 7.37X Applic. wise (Avg allotment ~39.88 shares)

RII (<2L) Application = 25L Forms = 1.57X Applic. wise (Avg allotment ~13.40 shares)

Interest cost *@9.00%p.a.* for 7days = *120.82paise for 1X*

Thus,
for QIB the costing = 61.94 X 120.82paise = Rs.74.84 per share (= GMP)

for B-NII (>10L) the costing = 127.61 X 74.84 = Rs.9,551/- per form

for S-NII (2L-10L) the costing = 39.88 X 74.84 = Rs.2,985/- per form

And, for RII (<2L) the costing = 13.40 X 74.84 = Rs.1,003/- (= Kostak)

Tata Technologies IPO – *GMP Estimated* (as on 10/May)

GMP = 75 +/- 1

KOSTAK:
for B-NII (>10L) = 9,575/-
for S-NII (2L-10L) = 3,000/-
for RII (<2L) = 1,000/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 294) = 17,500/-
for RII (<2L) (for lotsize of 21) = 1,250/-

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

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

By giving such early information, you help people to pre-plan

GMP 75 ( 10% of Tentive Price )

Listing tak rahe to aacha hai...
Baki LIC ki tarah LongTerm me rakhna padega

As always Big Size IPO se thoda Taklif hai mkt ko