Tech IPOs & Shares in India: Tata Technologies & Beyond

The Tata Technologies IPO allotment date was 27 November 2023. The IPO opened on 22 November 2023, closed on 24 November 2023, and listed on BSE and NSE on 30 November 2023 at ₹1,200 per share against an issue price of ₹500. Allotment status can be checked via BSE, NSE, or the Link Intime registrar portal using your PAN or application number.

The Tata Technologies IPO allotment date of 27 November 2023 followed SEBI’s T+6 timeline from IPO close to listing. The IPO opened at a price band of ₹475 to ₹500 per share and was subscribed over 69 times overall. If you want to understand how IPO allotment works, how to check your allotment status, or how similar tech IPOs in India are structured, this guide covers it clearly.

• Tata Technologies IPO closed on 24 November 2023 and listed at ₹1,200 on NSE, a 140% premium over the issue price.
• Allotment status can be checked via the BSE website, NSE website, or the Link Intime registrar portal using your PAN or application number.
• The IPO was a pure offer-for-sale (OFS), meaning no fresh capital was raised by the company.
• Other notable tech IPOs in this period include Orient Technologies IPO and Kaynes Technology, each with different risk profiles and sector exposure.
• This article is educational only and does not constitute financial or investment advice.

How the Tata Technologies IPO Allotment Process Worked

When you apply for an IPO in India through ASBA (Application Supported by Blocked Amount), your funds stay in your bank account until allotment happens. SEBI mandates a T+6 timeline from IPO close to listing, which is why the Tata Technologies IPO allotment date fell on 27 November and listing followed on 30 November 2023.

Allotment for oversubscribed IPOs in India is not first come first served. SEBI uses a lottery-based computerised draw for the retail category. Because Tata Technologies was subscribed 69.43 times overall, according to BSE data, retail investors faced a heavily competitive draw. The Qualified Institutional Buyer (QIB) portion was subscribed 203 times, according to BSE subscription data published on 24 November 2023.

How to Check Tata Technologies IPO Allotment Status

You can check your Tata Technologies IPO allotment status through three official channels: the BSE allotment portal at bseindia.com, the NSE allotment portal, or the registrar website. Link Intime India Pvt. Ltd. was the registrar for this IPO. You need either your PAN number or your application number.

The process takes under two minutes. Go to the registrar portal, select the IPO name from the dropdown, enter your PAN or application number, and submit. The system tells you how many shares were allotted, or confirms non-allotment. This is the standard process for checking tata technologies ipo allotment status across all three platforms.

How to Apply for a Tech IPO in India

You apply through your demat account provider, whether that is Zerodha, Groww, Upstox, Angel One, or your bank’s net banking portal. Most brokers have an IPO section in their app. You select the IPO, choose the number of lots, enter your UPI ID for ASBA mandate, and submit.

For Tata Technologies, one lot was 30 shares, so the minimum application at the upper price band of ₹500 was ₹15,000. This lot size structure is standard across Indian IPOs and is set by the exchange based on the issue price.

Tata Technologies IPO: Key Facts and Performance

Tata Technologies is an engineering services company and a subsidiary of Tata Motors. It went public after a 19-year gap since its last IPO attempt, which made the 2023 listing particularly anticipated. According to the company’s red herring prospectus filed with SEBI, Tata Technologies reported revenue of ₹3,926 crore for FY2023, with a net profit of ₹624 crore.

The Tata Technologies IPO listing date was 30 November 2023. The stock opened at ₹1,200 on NSE against an issue price of ₹500, making it one of the strongest listing-day performances of 2023 among Indian tech IPOs. That 140% listing gain was widely reported by both CNBC TV18 and Mint.

IPO Detail	Tata Technologies	Orient Technologies	Kaynes Technology
IPO Open Date	22 Nov 2023	21 Aug 2024	22 Nov 2022
Issue Price Band	₹475 to ₹500	₹195 to ₹206	₹559 to ₹587
Overall Subscription	69.43x	153x	34.2x
Listing Gain (Approx.)	~140%	~35%	~33%
IPO Type	OFS	Fresh + OFS	Fresh + OFS
Allotment Date	27 Nov 2023	26 Aug 2024	28 Nov 2022

Is the Tata Technologies IPO a Good Investment?

That depends entirely on your risk appetite, investment horizon, and how you evaluate engineering services companies. Tata Technologies operates in automotive and aerospace engineering R&D services, which ties its revenue cycles to global OEM capital expenditure spending. When auto manufacturers cut R&D budgets, companies like Tata Technologies feel it directly.

Post-listing, the stock traded between ₹900 and ₹1,300 through much of 2024, reflecting market uncertainty around global auto industry transitions. According to ICICI Direct research (2024 sector report on Indian engineering services), the company’s long-term growth thesis depends heavily on EV platform engineering mandates from global clients including Ford, BMW, and Tata Motors itself.

For educational context: IPOs with strong brand backing often command premium valuations at listing. But premium listing prices do not guarantee long-term outperformance. Investors who bought on listing day at ₹1,200 would have seen periods of negative returns in the months that followed.

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Other Tech IPOs Worth Watching: Orient Technologies and Dynamatic

The Orient Technologies IPO in August 2024 was a smaller offering from a Mumbai-based IT infrastructure company. It was subscribed over 153 times, which reflects strong retail interest in mid-size tech IPOs even after the initial Tata Technologies euphoria faded.

Dynamatic Technologies share price tells a different story. Dynamatic is an aerospace and hydraulics manufacturer, not a software company, so its share price movements track defence and aerospace procurement cycles. As of early 2025, Dynamatic was trading around ₹7,000 to ₹8,000 per share, reflecting its niche positioning in aerospace components for Airbus and HAL. Clean Science and Technology share price is another frequently searched term, and that company operates in specialty chemicals, so its price swings are tied more to chemical commodity cycles and export demand.

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Why Kaynes Technology Is Falling and What It Tells You About Tech Stocks

Kaynes Technology is an electronics manufacturing services (EMS) company that listed in late 2022. The question of why Kaynes Technology is falling comes up frequently in search, and the answer usually traces back to a few recurring factors in the Indian EMS sector.

First, EMS companies are capital-intensive. Kaynes needs continuous investment in manufacturing capacity to win new orders, which compresses margins in the short term. Second, any slowdown in semiconductor availability or global electronics demand directly hits order books. Third, the stock ran up significantly post-listing on high expectations, and any earnings miss or guidance cut triggers sharp corrections.

According to NSE market data, Kaynes Technology’s share price saw a correction of over 25% between its 52-week high and low in 2024, which is fairly typical for high-growth, high-valuation EMS stocks. This kind of volatility is common across Indian tech and tech-adjacent IPOs that list at stretched valuations.

The broader lesson: subscription figures and listing gains are not predictors of long-term stock performance. A stock subscribed 69 times can underperform a stock subscribed 10 times if the underlying business fundamentals diverge. Understanding this distinction is foundational to any serious engagement with public markets.

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Frequently Asked Questions

What was the Tata Technologies IPO allotment date?

The Tata Technologies IPO allotment date was 27 November 2023. The IPO opened on 22 November 2023, closed on 24 November 2023, and listed on BSE and NSE on 30 November 2023. The issue price band was ₹475 to ₹500 per share, and the stock listed at ₹1,200, a 140% premium over the upper price band.

How do I check Tata Technologies IPO allotment status?

You can check your Tata Technologies IPO allotment status on the BSE allotment portal at bseindia.com, the NSE allotment portal, or the Link Intime India Pvt. Ltd. registrar portal. Enter your PAN number or application number, select the IPO from the dropdown, and submit. The result shows shares allotted or confirms non-allotment.

How do I apply for the Tata Technologies IPO?

The Tata Technologies IPO has closed. When it was open, investors applied through demat account platforms like Zerodha, Groww, Upstox, or bank net banking portals. The minimum application was one lot of 30 shares at ₹500 upper band, totalling ₹15,000, using a UPI ID for the ASBA mandate. Since the IPO is now listed, shares can be bought on BSE or NSE using the ticker TATATECH.

How do I buy Tata Technologies shares now that it is listed?

Since the IPO has closed and the company is listed on BSE and NSE, you buy shares through your demat and trading account like any other listed stock. Search for the ticker TATATECH on your broker’s platform, place a buy order at market or limit price, and the shares settle in T+1.

Is the Tata Technologies IPO a good investment?

It was a well-received IPO with strong brand backing and solid financials, but whether it is a good investment depends on your own financial goals and risk tolerance. The stock listed at a 140% premium but saw volatility in the months after the Tata Technologies IPO allotment date. Always consult a SEBI-registered investment adviser before making any investment decision.

When was the Tata Technologies IPO listed?

Tata Technologies listed on both BSE and NSE on 30 November 2023. The Tata Technologies IPO allotment date was 27 November 2023. The IPO opened on 22 November and closed on 24 November 2023, with an issue price band of ₹475 to ₹500 per share.

Why is Kaynes Technology’s share price falling?

Kaynes Technology’s share price corrections typically reflect a combination of high post-listing valuations meeting realistic earnings expectations, capital-intensive expansion compressing near-term margins, and broader sector-level slowdowns in electronics manufacturing. When a stock lists at a high premium, any guidance cut or earnings miss tends to trigger sharp corrections among retail investors. According to NSE data, the stock corrected over 25% between its 52-week high and low in 2024.

Disclaimer: This article is for educational purposes only and does not constitute financial, investment, or legal advice. Always consult a SEBI-registered investment adviser before making investment decisions.

Last updated: July 2026. Reviewed by the 3University editorial team.