The Tata Technologies IPO commenced on November 22, 2023, and concluded on November 24, 2023. The allotment of shares took place on November 30, 2023, and the initiation of refunds began on December 1, 2023. The shares were credited to the demat accounts of investors on December 4, 2023. Finally, the listing of Tata Technologies on the stock exchange occurred on December 5, 2023.
The Tata Technologies IPO was priced at ₹475 to ₹500 per share, with a lot size of 30 shares. The total issue size was ₹3,042.51 crores, comprising a offer for sale of ₹3,042.51 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Tata Technologies IPO Basic Details
|Company Name||Tata Technologies Limited|
|Domain of Company||Global Engineering Services Company|
|Tata Technologies IPO GMP Today||₹350|
|Tata Technologies IPO Listing Gain||70.00%|
|Tata Technologies IPO Open Date||November 22, 2023|
|Tata Technologies IPO Close Date||November 24, 2023|
|Tata Technologies IPO Allotment Date||November 30, 2023|
|Tata Technologies IPO Listing Date||December 5, 2023|
|Face Value||₹2 per share|
|Price||₹475 to ₹500 per share|
|Lot Size||30 Shares|
|Issue Size||60,850,278 shares of ₹2|
(aggregating up to ₹3,042.51 Cr)
|Offer for Sale||60,850,278 shares of ₹2|
(aggregating up to ₹3,042.51 Cr)
|Issue Type||Book Built Issue IPO|
|Listing At||NSE, BSE|
|Company Promoters||Tata Motors Limited|
Tata Technologies IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|20 November 2023||₹350||70.00%||–||–|
|19 November 2023||₹351||70.20%||–||–|
|18 November 2023||₹351||70.20%||–||–|
|17 November 2023||₹351||70.20%||–||–|
|16 November 2023||₹351||70.20%||–||–|
Tata Tech IPO Details:
Tata Technologies Limited started in 1994 and is a top-notch global engineering services company. They specialize in creating and improving products through development and digital solutions, providing complete packages to big companies that make original equipment and their main suppliers.
Tata Technologies aims to make things better for their customers by helping them develop products that are safer, cleaner, and enhance the quality of life for the end users.
With their deep knowledge of the automotive industry, they’ve become really good at serving clients in related fields like aerospace, transportation, and heavy construction machinery.
Tata Technologies operates all around the world. They bring together diverse teams with different skills from different places to work together in real time and solve complicated engineering problems.
Tata Technologies IPO More Details Click Here
Tata Technologies IPO FAQs
When is Tata Technologies IPO open?
Tata Technologies IPO will open on 22 November 2023.
When is Tata Technologies IPO Close?
Tata Technologies IPO will be closed on 24 November 2023.
What is Tata Technologies IPO GMP Today?
The Tata Technologies IPO GMP aka Grey Market Premium is ₹350.
What is Tata Technologies IPO Kostak Rates Today?
The Tata Technologies IPO Kostak Rate is ₹000.
What is Tata Technologies IPO Subject to Sauda Price Today?
The Tata Technologies IPO subject to sauda rates is ₹000.
Tata Technologies IPO Expected Returns?
The Tata Technologies expected return is 70.00%.
How much will be the listing gain in Tata Technologies IPO?
Tata Technologies IPO will get listing gain of 70.00%. (Approx.)