Tata Technologies Ltd Is Heading Towards Its IPO: Things You Should Know About It

Tata Technologies Limited is a reputed company in India that is planning to go public soon. Ever since the company drafted the IPO papers, Tata Technologies unlisted share prices jumped from Rs 5,500 per equity share to Rs 7,300 per equity share. Tata Motors’ subsidiary, Tata Technologies, is known for offering design and engineering services to the  automotive, aerospace, and industrial machinery sectors. 

The Indian tech company is ruling the market with its solid market performance, impressive financials, and consistently growing revenue. There is a massive demand for Tata Technologies’ unlisted shares in the pre-IPO market as the company is gearing up for an Initial Public Offering (IPO). As an investor, this is a golden opportunity for you to invest in the company’s unlisted shares, earn high returns on investments, and diversify your investment portfolio. In this write-up, we have discussed IPO details and why you should invest in Tata Technologies.

An Overview Of Tata Technologies

Established in 1989, Tata Technologies is an industrial product engineering service company that offers outsourced product design, engineering, research and development services to OEM (original equipment manufacturer) companies. It currently provides services in the aerospace, automotive and machinery sectors. Tata Technologies is driving revenue from multiple nations; it captured 37% of its revenue from Asia-Pacific, 31% from Europe, and 32% from North America. 

Presently in the grey market, it is one of the best companies that has the potential to offer you high returns. Amid the news of the initial public offering, the unlisted share value of Tata Technologies has significantly surged. At the same time, the company is planning to offload shares of value Rs 18,000 crores to Rs 20,000 crores in the listing. As per the market experts, the Tata Technologies IPO price is around Rs 450 and Rs 500 per equity share, signifying the high potential of getting multibagger returns in the long run.

Furthermore, investors having Tata Motors shares in their stock portfolio for them Sumeet Bagadia said, “Those who have Tata Motors shares in the portfolio can upgrade their trailing stop loss at ₹450 and hold for ₹490 to ₹500 per share target.”

Benefits Of Investing In Tata Technologies Unlisted Shares

The fantastic financial performance of the company signified that investing in Tata Technologies’ unlisted shares can be profitable in the future for investors. Here are some advantages of investing in Tata Technologies’ unlisted shares – 

Trust Of Tata – As a brand, Tata doesn’t need any introduction. It is a reputed company that is backed by Ratan Tata.

Solid Financials – The revenue and net profit of the company are continuously surging, signifying its consistent growth.

Rapid Expansion – The company continuously expands and acquires businesses in different market sectors.

Tata Technologies IPO Offerings

Tata Technologies has performed well in terms of profits and revenue for the past few years. In FY 21, the company reported a revenue of Rs 3,021 crore and a net profit of Rs 581 crore. Moreover, in FY 22, the company’s total revenue was Rs 3,578 crore and Rs 3,052 crore during the first nine months of FY23. With solid numbers, the company is scaling its global presence and acquiring new businesses in various sectors. It is currently indulged in some big projects like designing electric vehicles for Jaguar, and Land Rover, developing aircraft components for Airbus and Boeing, and creating digital solutions for Caterpillar and John Deere. 

The company’s scaling, acquisition and surging revenue signifies its consistent growth in the different market sectors. As a result, Tata Technologies unlisted share price is consistently increasing in the grey market; as an investor, it is the right time to benefit from this opportunity.

On March 10, 2023, Tata Motors subsidiary, Tata Technologies, filed draft papers with SEBI (Securities and Exchange Board of India) and revealed that it plans to go public in the coming months. Tata Group, the engineering and design arm of Tata Technologies, is offloading Rs 9.57 crores of equity shares or a 23.6% stake via a public offering. The report of Business Today stated that investors who trade for unlisted shares said that Tata Technologies unlisted share price surged from Rs 400 per equity share to Rs 800 per equity share.

Invest In Tata Technologies Unlisted Shares With Stockify

The share market is highly volatile, and the share prices continuously fluctuate with the market. Therefore it is important to have sound market knowledge to make a wise investment decision. You can count on the expert brokers of Stockify; they will provide you with accurate financial data on unlisted companies and IPO details. Buy unlisted shares of Tata Technologies or any top-performing companies to diversify your investment portfolio and get high ROI.