Tata Technologies is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers and their tier 1 suppliers. The company aims to create value for its clients by helping them develop products that are safer, cleaner and improve the quality of life for their end-customers. The company has deep domain expertise in the automotive industry and leverages this expertise to serve clients in adjacent industries, such as in aerospace and transportation and construction heavy machinery.
Tata Motors will offload 8,11,33,706 Tata Technologies shares during the initial public offering. It is a 100% offer for sale (OFS) issue and the company will not receive any proceedings from the IPO.
Opening Date 22nd Nov | Closing Date 24th Nov |
Price Band ₹ 475 - ₹ 500 | Issue Size ₹ 3,042 Cr |
Face Value ₹ 2 | Market Lot 30 shares |
Listing at NSE,BSE |
IPO Open Date | 022nd Nov |
---|---|
IPO Close Date | 24th Nov |
Allotment Date | 30th Nov |
Initiation Of Refunds | 01st Dec |
Credit Of Shares To Demat Account | 04th Dec |
IPO Listing Date | 05th Dec |
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
---|---|---|---|---|
31-Mar-20 | 2,572.97 | 2,896.96 | 251.57 | 1,852.60 |
31-Mar-21 | 3,572.74 | 2,425.74 | 239.17 | 2,142.15 |
31-Dec-21 | 4,121.07 | 2,647.69 | 331.36 | 2,477.62 |
31-Mar-22 | 4,218.00 | 3,578.38 | 436.99 | 2,280.16 |
31-Dec-22 | 4,640.68 | 3,052.30 | 407.47 | 2,752.83 |
Strengths | Risks | ||
---|---|---|---|
Differentiated capabilities in new age automotive trends – electric vehicles, connected and autonomous | Deterioration of business of top clients, them ceasing to do business, or substantially reducing their dealings with the company | ||
Marquee set of clients across anchor accounts, traditional OEMs and new energy vehicle companies | Uncertainties in funding plans, future product roadmaps and ability to manage growth of new energy vehicle companies | ||
Proprietary e-learning platform leveraging manufacturing domain knowledge to tap into the large upskilling and reskilling market | Inability to manage costs successfully |
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Tata Motors will offload 8,11,33,706 Tata Technologies shares during the initial public offering. It is a 100% offer for sale (OFS) issue and the company will not receive any proceedings from the IPO.
A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.
IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.
Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.
You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.
IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.
Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.
Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.