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

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

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.

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.

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

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

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

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

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

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

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

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