Tata Technologies IPO Expected price, GMP, other details and benefit for Tata Motors

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Tata Technologies has reported TTM revenue of ₹3,983 crore and TTM Net Profit of ₹513 crore.

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Cyient, which operates in a similar business as Tata Technologies, has a TTM revenue of ₹6,016 crore and is currently trading at 23.5x TTM EPS of ₹46.52.

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Tata Technologies has been valued at a 10% discount to the multiple assigned to Cyient at 21.2x TTM EPS to arrive at an intrinsic value of ₹268 per share.

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This values Tata Technologies' market capitalization at ₹10,852 crore.

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In the unlisted share market, Tata Technologies' shares are trading at ₹850 apiece.

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This indicates that the expected IPO price of Tata Technologies is around ₹268 per share.

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The current grey market premium (GMP) for Tata Technologies IPO is ₹582 per share (₹850 - ₹268).

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Market observers are highly bullish on Tata Technologies IPO and expect investors to double their money on the listing date.

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Analysts view Tata Technologies as an attractive investment opportunity due to its strong market position, diversified customer base, and growth potential.

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The IPO is expected to be oversubscribed, given the positive outlook for the company and the overall market sentiment.

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