Tata Technologies IPO: Unlocking Numerology Fortunes of Tata Group Decade’s Grand Debut!

Explore the game-changing IPO, This post delves into exclusive details, pivotal dates, and historic highlights, offering readers a unique perspective on this groundbreaking financial move.

Exclusive Coverage of Tata Technologies IPO: Fundamentals Insights and Numerology Projections of Tata Technologies Share Price

Get ready for a financial milestone with Tata’s IPO, set to unfold from November 22 to 24, 2023. This post unveils a strategic financial move poised to reshape the landscape. Discover the intriguing dynamics of this groundbreaking IPO, from pricing strategies to market impact, all designed to redefine your investment experience. Key Tata Technologies IPO date, exclusive insights including but not limited to Tata Technologies IPO GMP, Tata Technologies share price prediction, etc.

Dive into the narrative, where historic moments meet future potential, and uncover why this isn’t just an IPO—it’s the biggest IPO in Tata Group’s history in the last two decades.

For a comprehensive understanding of this financial spectacle, the complete post is a must-read for investors seeking more than just numbers—it’s an insight into a new era of strategic financial evolution.

Tata Technologies IPO Brief

• Scheduled Dates: November 22–24, 2023
• IPO price band : Rs. 475–500 per share
• Face Value: Rs. 2
• Offering Size: Rs. 3043 crores (Offer for Sale)
• Market Lot: 30 Shares
• Application Amount: Rs. 15,000

IPO Subscription Detail

• Retail Allocation: 35%
• QIB Allocation: 50%
• NII Allocation: 15%

IPO Dates

• Allotment Date: November 30, 2023
• Listing Date: December 5, 2023

Current Grey Market Premium (Tata Technologies IPO GMP): Rs. 340 per share as of November 16, 2023

Tata Technologies IPO Quota

• Employee Quota: 2,028,342 Shares valued at Rs. 101.42 crore
• Shareholder Quota: 6,085,027 Shares valued at Rs. 304.25 crore

Additional Highlights

• On November 13, 2023, Tata Motors shareholders gained the ability to submit multiple applications.
• In October, Tata Motors divested its stake in Tata Tech to TPG at Rs. 401.8 per share.
• Alpha TC (investor) plans to sell 2.40% in this offer for sale (OFS).
• This marks the first IPO from the Tata group in two decades since TCS.

Valuations

• Market Capitalization: Rs. 20,283 crore
• PE Ratio: 28.8 (Comparatively lower than the industry)
• Comparable FY24 P/E:
  • L&T Tech: 36.1
  • KPIT Tech: 67
  • Tata Elxsi: 63

Positive Aspects of IPO

• Concentrate on the automotive industry, beginning with conventional OEMs and progressing to electric vehicles in the future.
• One of our biggest customers is Tata Motors.
• A prominent brand supported by a seasoned promoter, board of directors, and management
• International reach and collaboration with leading manufacturers around the world.
• Maintain a cutting-edge command over the expected future demand in the transportation or vehicle industry.
• ROE and ROCE have been increasing for the last three years

Concerning Aspects of IPO

• Extreme reliance on a single client exposes a company to danger.
• There is potential for limited growth unless there is an increase in the customer base.
• Keep an eye on the results of FY24 for a deeper and more comprehensive understanding.
• The promoters’ group shareholding will drop from approximately 77% to approximately 56% after the completion of Tata Technologies IPO

Financial Health of Tata Technologies (Consolidated)

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Exclusive Numerology Insights of the company and Tata Technologies Share Price Prediction

Numerology Analysis of Company

Birth Number 4: Tata Technologies was incorporated on August 22, 1994. According to numerology, the company’s birth number is 4 (Robinhood), and it is considered the best in the software industry. However, this number also brings obstacles to the path to success. Refer to our previous post to learn more about number 4 and its implications.

Birth Number 4 is also made from the total compound number, i.e., 22, which is also a master number in numerology and is considered a “Master Builder” that possesses the power to make big things happen in the future.

Destiny Number 8: Tata Technologies Destiny Number 8 is proving to be advantageous for the company’s success in the automotive industry, as per numerology. Although it may seem like a coincidence, the correlation between number 8 and the automobile industry is beneficial to the Tata Technologies profession.

The essence of the company numerology chart suggests that both destiny and birth numbers are aligned with their business line, which brings initial struggles but leads to greater expansion and development in the future. Number 8 is considered a lucky number for achieving big things, and Number 4 brings sudden success after a certain period of time. Despite ongoing challenges, Tata Technologies is well-positioned to lead the EV Software market in the future.

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Numerology Analysis of Tata Technologies Share Price according to Listing Date

The combination of Birth Number 5 and Destiny Number 6 is considered the best in Numerology for a Stock Market Listing and under this combination, is expected to become the most applied IPO in history and make this IPO famous worldwide.

Moreover, the personal year after the listing is also number 6, which matches both core numbers of the Tata Technologies IPO Listing. Thus, the Event Seer News team is confident that this IPO will be the best ever seen in the Indian stock market.

Post Disclaimer: Our team would like to clarify that we have the intention to apply for a Tata Technologies IPO or stock directly or indirectly, and all projections made in this report are based on different parameters. As price predictions can vary, we urge you not to make any trades or investments based solely on our report unless you have a strong conviction in the stock or company.

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