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Tata Technologies IPO Subscription Details

Bookbuilding IPO | ₹3,043 Cr | Listed at BSE, NSE | Wed, Nov 22, 2023 - Fri, Nov 24, 2023

Basis of Allotment - Tata Technologies IPO

Category QIB NII Retail Employees Shareholders Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)1,05,47,3821,58,21,0712,63,68,45326,36,84652,73,69179,10,5371,84,57,91920,28,34260,85,0276,08,50,278
Allotment price (Rs.)500500500500500500500500500500
No.of applications363674302,32,9691,28,8703,61,83952,10,6904,88811,96,44367,74,290
No.of shares applied2,14,00,70,0701,66,35,1802,15,67,05,25012,07,35,27037,66,34,22049,73,69,49029,54,52,3309,53,13016,38,64,8303,11,43,45,030
Amount collected (Rs.cr.)1,07,003.50 831.76 1,07,835.26 6,036.76 18,831.71 24,868.47 14,772.62 47.66 8,193.24 1,55,717.25
No.of times subscribed202.901.0581.7945.7971.4262.8716.010.4726.9351.18
No.of shares allotted1,10,84,9881,58,21,0712,69,06,05926,90,60653,81,21280,71,8181,88,34,2449,53,13060,85,0276,08,50,278
Amount (Rs.cr.)554.25 791.05 1,345.30 134.53 269.06 403.59 941.71 47.66 304.25 3,042.51
No.of allottees359674266,40612,81219,2186,27,8084,8882,02,8348,55,174

IPO Shares Offered

Tata Technologies IPO is a public issue of 6.09 Cr equity shares. The issue offers 1.85 Cr shares to retail investors, 2.64 Cr shares to qualified institutional buyers, and 0.79 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 2,63,68,4531,318.42 43.33%
    Anchor 1,58,21,071 791.05 26.00%
    QIB (Ex Anchor) 1,05,47,382 527.37 17.33%
NII 79,10,537395.53 13.00%
    bNII (> ₹10L)52,73,691263.68 8.67%
    sNII (< ₹10L)26,36,846131.84 4.33%
Retail1,84,57,919922.90 30.33%
Employee20,28,342101.42 3.33%
Total6,08,50,2783,042.51 100%

Tata Technologies IPO Anchor Investor Allocation

A total of 1,58,21,071 shares at a price of Rs 500 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 21, 2023
Anchor investor price₹500.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days79,10,536
No. of shares locked-in for 90 days79,10,536

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 FIDELITY FUNDS-INDIA FOCUS FUND FIDELITY 4,38,210 21.91 2.77 0.72
2 FIDELITY FUNDS-SUSTAINABLE ASIA EQUITY FUND FIDELITY 4,01,790 20.09 2.54 0.66
3 SBI MULTI ASSET ALLOCATION FUND SBI MUTUAL FUND 6,80,010 34.00 4.30 1.12
4 SBI TECHNOLOGY OPPORTUNITIES FUND SBI MUTUAL FUND 1,59,990 8.00 1.01 0.26
5 ICICI PRUDENTIAL INNOVATION FUND ICICI PRUDENTIAL MUTUAL FUND 2,79,990 14.00 1.77 0.46
6 ICICI PRUDENTIAL MIDCAP FUND ICICI PRUDENTIAL MUTUAL FUND 2,79,990 14.00 1.77 0.46
7 ICICI PRUDENTIAL LARGE & MID CAP FUND ICICI PRUDENTIAL MUTUAL FUND 2,80,020 14.00 1.77 0.46
8 REGENTS OF THE UNIVERSITY OF CALIFORNIA-IIFL ASSET MANAGEMENT LTD.,THE REGENTS OF THE UNIVERSITY OF CALIFORNIA 7,20,000 36.00 4.55 1.18
9 GOVERNMENT PENSION FUND GLOBAL GOVERNMENT PENSION FUND GLOBAL 6,39,990 32.00 4.05 1.05
10 BNP PARIBAS FUNDS EMERGING MARKETS CLIMATE SOLUTIONS BNP PARIBAS 6,39,990 32.00 4.05 1.05
11 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 3,66,000 18.30 2.31 0.60
12 NIPPON INDIA MULTI CAP FUND NIPPON INDIA MUTUAL FUND 1,64,580 8.23 1.04 0.27
13 NIPPON INDIA LARGE CAP FUND NIPPON INDIA MUTUAL FUND 1,09,410 5.47 0.69 0.18
14 ADITYA BIRLA SUN LIFE TRANSPORTATION & LOGISTICS FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 2,19,990 11.00 1.39 0.36
15 ADITYA BIRLA SUN LIFE MULTI-CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 4,20,000 21.00 2.65 0.69
16 FRANKLIN INDIA TECHNOLOGY FUND FRANKLIN TEMPLETON MUTUAL FUND 2,55,990 12.80 1.62 0.42
17 FRANKLIN INDIA OPPORTUNITIES FUND FRANKLIN TEMPLETON MUTUAL FUND 3,84,000 19.20 2.43 0.63
18 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 6,39,990 32.00 4.05 1.05
19 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND ASHOKA WHITEOAK 4,99,980 25.00 3.16 0.82
20 KOTAK CONTRA FUND KOTAK MAHINDRA MUTUAL FUND 2,00,040 10.00 1.26 0.33
21 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 1,49,970 7.50 0.95 0.25
22 KOTAK PIONEER FUND KOTAK MAHINDRA MUTUAL FUND 1,49,970 7.50 0.95 0.25
23 DSP INDIA T.I.G.E.R.FUND DSP MUTUAL FUND 4,99,980 25.00 3.16 0.82
24 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 4,99,980 25.00 3.16 0.82
25 DSP INVESTMENT PVT.LTD. DSP INVESTMENT 4,99,980 25.00 3.16 0.82
26 PRUDENTIAL ASSURANCE CO.LTD.,THE PRUDENTIAL 3,99,990 20.00 2.53 0.66
27 MIRAE ASSET BALANCED ADVANTAGE FUND MIRAE ASSET MUTUAL FUND 1,60,020 8.00 1.01 0.26
28 MIRAE ASSET EQUITY SAVINGS FUND MIRAE ASSET MUTUAL FUND 79,950 4.00 0.51 0.13
29 MIRAE ASSET FLEXI CAP FUND MIRAE ASSET MUTUAL FUND 1,60,020 8.00 1.01 0.26
30 HSBC GLOBAL INVESTMENT FUNDS-INDIAN EQUITY HSBC 3,00,000 15.00 1.90 0.49
31 FLORIDA RETIREMENT SYSTEM-ALLSPRING GLOBAL INVESTMENTS,LLC (EMSC) FLORIDA RETIREMENT SYSTEM 1,99,980 10.00 1.26 0.33
32 OPTIMIX WHOLESALE GLOBAL EMERGING MARKETS SHARE TRUST OPTIMIX 1,00,020 5.00 0.63 0.16
33 OAKTREE EMERGING MARKETS EQUITY FUND,LP OAKTREE 1,60,770 8.04 1.02 0.26
34 NATIONAL PENSION SERVICE MANAGED BY OAKTREE CAPITAL MANAGEMENT,LP NATIONAL PENSION SERVICE 1,39,230 6.96 0.88 0.23
35 DESTINATIONS INTERNATIONAL EQUITY FUND,A SERIES OF BRINKER CAPITAL DESTINATIONS TRUST DESTINATIONS 3,00,000 15.00 1.90 0.49
36 BANDHAN MIDCAP FUND BANDHAN MUTUAL FUND 3,00,000 15.00 1.90 0.49
37 EDELWEISS MID CAP FUND EDELWEISS MUTUAL FUND 51,990 2.60 0.33 0.09
38 EDELWEISS MULTI CAP FUND EDELWEISS MUTUAL FUND 38,010 1.90 0.24 0.06
39 EDELWEISS LARGE & MID CAP FUND EDELWEISS MUTUAL FUND 27,000 1.35 0.17 0.04
40 EDELWEISS SMALL CAP FUND EDELWEISS MUTUAL FUND 30,000 1.50 0.19 0.05
41 EDELWEISS ELSS TAX SAVER FUND EDELWEISS MUTUAL FUND 3,000 0.15 0.02
42 EDELWEISS AGGRESSIVE HYBRID FUND EDELWEISS MUTUAL FUND 50,010 2.50 0.32 0.08
43 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 99,990 5.00 0.63 0.16
44 MOTILAL OSWAL MIDCAP FUND MOTILAL OSWAL MUTUAL FUND 3,00,000 15.00 1.90 0.49
45 SUNDARAM EQUITY SAVINGS FUND SUNDARAM MUTUAL FUND 30,000 1.50 0.19 0.05
46 SUNDARAM FLEXICAP FUND SUNDARAM MUTUAL FUND 1,20,000 6.00 0.76 0.20
47 SUNDARAM DIVIDEND YIELD FUND SUNDARAM MUTUAL FUND 50,010 2.50 0.32 0.08
48 SUNDARAM SERVICES FUND SUNDARAM MUTUAL FUND 99,990 5.00 0.63 0.16
49 GREAT EASTERN LIFE-SINGAPORE LIFE INSURANCE FUND-PAR-LION GLOBAL EQUITY GREAT EASTERN LIFE 2,00,010 10.00 1.26 0.33
50 RBC ASIA PACIFIC EX-JAPAN EQUITY FUND RBC 2,00,010 10.00 1.26 0.33
51 AXIS BALANCED ADVANTAGE FUND AXIS MUTUAL FUND 99,990 5.00 0.63 0.16
52 AXIS EQUITY SAVINGS FUND AXIS MUTUAL FUND 1,00,020 5.00 0.63 0.16
53 HSBC FOCUSED FUND HSBC MUTUAL FUND 2,00,010 10.00 1.26 0.33
54 CANARA ROBECO ELSS TAX SAVER FUND CANARA ROBECO MUTUAL FUND 1,73,580 8.68 1.10 0.29
55 CANARA ROBECO VALUE FUND CANARA ROBECO MUTUAL FUND 26,430 1.32 0.17 0.04
56 BARODA BNP PARIBAS ELSS TAX SAVER FUND BARODA BNP PARIBAS MUTUAL FUND 2,00,010 10.00 1.26 0.33
57 KOTAK MAHINDRA LIFE INSURANCE CO.LTD. KOTAK LIFE INSURANCE 2,00,010 10.00 1.26 0.33
58 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 2,00,010 10.00 1.26 0.33
59 PIONEER INVESTMENT FUND-SCHEME II PIONEER 2,00,010 10.00 1.26 0.33
60 KOTAK FUNDS-INDIA GROWTH FUND KOTAK 1,00,020 5.00 0.63 0.16
61 JM MIDCAP FUND JM FINANCIAL MUTUAL FUND 1,00,020 5.00 0.63 0.16
62 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 1,00,020 5.00 0.63 0.16
63 BHARTI AXA LIFE INSURANCE CO.LTD. BHARTI AXA LIFE INSURANCE 1,00,020 5.00 0.63 0.16
64 3P INDIA EQUITY FUND I 3P INDIA 1,01,071 5.05 0.64 0.17
65 SHAMYAK INVESTMENT PVT.LTD. SHAMYAK 1,00,020 5.00 0.63 0.16
66 COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT COPTHALL 4,55,160 22.76 2.88 0.75
67 GOLDMAN SACHS (SINGAPORE) PTE.-ODI GOLDMAN SACHS 1,84,830 9.24 1.17 0.30
1,58,21,071791.0510026.00

IPO Subscription FAQs

The Tata Technologies IPO is subscribed 69.43 times by Nov 24, 2023 19:02.

Tata Technologies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional203.41
Non Institutional62.11
Retail Individual16.5
Employee Reservations3.7
Others29.2
Total Subscription69.43

Retail category of Tata Technologies IPO subscribed 16.5 times as of date Nov 24, 2023 19:02. The public issue closes on Fri, Nov 24, 2023 for bidding.

An investor can apply in Tata Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Tata Technologies IPO shares are offered online only.

The Tata Technologies IPO is subscribed 69.43 times by Nov 24, 2023 19:02.

The Tata Technologies IPO allotment status is expected on or around Tuesday, November 28, 2023. Visit Tata Technologies IPO allotment status to check.

The Tata Technologies IPO listing date is November 30, 2023. The equity share of Tata Technologies IPO will list on BSE, NSE.

Visit Tata Technologies IPO subscription status page for real-time bidding information about Tata Technologies IPO.

Tata Technologies IPO Timetable

IPO opens OnWednesday, November 22, 2023
IPO Closes OnFriday, November 24, 2023
Finalisation of Basis of AllotmentTuesday, November 28, 2023
Initiation of RefundsWednesday, November 29, 2023
Credit of Shares to Demat AccountWednesday, November 29, 2023
IPO Listing DateThursday, November 30, 2023

Read more about Tata Technologies IPO

IPO Details
IPO Recommendations
IPO Live Subscription
IPO Live News
IPO Allotment Status
IPO Basis of Allotment Document
IPO FAQs

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