Tata Tech IPO Secrets! Get You Money Doubled

Company Focus: Founded in 1994, serves automotive OEMs primarily.

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Strengths: Robust clientele, including Tata Motors, with 97% retention

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Weaknesses: High dependence on Tata Motors; industry cyclicality exposure.

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Financial Indicators: ROE at 17%, ROCE at 25%; 21% trade receivables in FY23.

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Growth Metrics: Revenue surged by 36% annually; P/E ratio at 28.3.

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Revenue Streams: 80% from outsourced engineering services, 20% from tech solutions.

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Industry Prospects: 70% revenue from automotive sector; growth potential noted

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Valuation Comparisons: P/E ratio below peers' average; P/B ratio at 7.1.

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IPO Structure: Offer for sale; company won't directly receive proceeds.

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