Tata Technologies IPO – Issue Information *(TENTATIVE)*
Issue Opens on: ??th June 2023
Issue Closes on: ??th June 2023
Issue Type: Book Built Issue IPO
Issue Size: 9,57,08,984 Shares
Face Value: Rs.2/- per Share
Issue Price: Rs.500 – Rs.510 Share
Discount: NIL
Market Lot: 30 Shares
Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 40,56,68,530 Shares
Fresh Issue of NIL Shares @500/- = Rs.NIL Crs
Offer for Sale of 9,57,08,984 Shares @500/- = Rs.4,785.45Crs
Equity Shares outstanding after the Issue = 40,56,68,530 Shares
Category-wise Break up:
Anchor – 2,87,12,695 Shares = 1,435.63Crs
QIB – 1,91,41,797 Shares = 957.09Crs
B-NII (>10L) – 95,70,898 Shares = 478.54Crs (Lot size: 420 = 22,788 Forms)
S-NII (2L-10L) – 47,85,449 Shares = 239.27Crs (Lot size: 420 = 11,394 Forms)
RII (<2L) – 3,34,98,145 Shares = 1674.91Crs (Lot size: 30 = 11,16,605 Forms)
Total Issue – 9,57,08,984 Shares = 4,785.45Crs.
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)
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 = 1,435.63Crs
QIB = 957.09Crs
B-NII (>10L) Application = 22,788 Forms (for lotsize of 420)
S-NII (2L-10L) Application = 11,394 Forms (for lotsize of 420)
RII (<2L) Application = 11,16,605 Forms (for lotsize of 30)
Anchor – 2,87,12,695 Shares = 1,435.63Crs
QIB – 1,91,41,797 Shares = 957.09Crs
B-NII (>10L) – 95,70,898 Shares = 478.54Crs (Lot size: 420 = 22,788 Forms)
S-NII (2L-10L) – 47,85,449 Shares = 239.27Crs (Lot size: 420 = 11,394 Forms)
RII (<2L) – 3,34,98,145 Shares = 1674.91Crs (Lot size: 30 = 11,16,605 Forms)
Total Issue – 9,57,08,984 Shares = 4,785.45Crs.
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)
1. EPS for FY19-20 >>> Rs.6.20 (Page #110 of DRHP)
2. EPS for FY20-21 >>> Rs.5.89 (Page #110 of DRHP)
3. EPS for FY21-22 >>> Rs.10.77 (Page #110 of DRHP)
4. EPS for 9M21-22 >>> Rs.8.17 (Page #110 of DRHP)
5. EPS for 9M22-23 >>> Rs.10.04 (Page #110 of DRHP)
2. EPS for FY20-21 >>> Rs.5.89 (Page #110 of DRHP)
3. EPS for FY21-22 >>> Rs.10.77 (Page #110 of DRHP)
4. EPS for 9M21-22 >>> Rs.8.17 (Page #110 of DRHP)
5. 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 = 1,435.63Crs
QIB = 957.09Crs
B-NII (>10L) Application = 22,788 Forms (for lotsize of 420)
S-NII (2L-10L) Application = 11,394 Forms (for lotsize of 420)
RII (<2L) Application = 11,16,605 Forms (for lotsize of 30)
