In this article, we will talk about the Tata Technologies IPO. Tata Technologies Limited is a well-known Indian multinational product engineering firm. It provides engineering and design, product lifecycle management services, and manufacturing product growth. IT service management to automotive and aerospace original equipment manufacturers as well as industrial machinery firms. It has been a subsidiary of Tata Motors. Tata Technologies Limited’s initial public offering (IPO) is scheduled to hit the primary market on 22 November 2023. Currently, this news has been gaining huge attention from people and now lots of people are super keen to know about the whole information. Here we have more information and we will share it with you in this article.
Bidding for Tata Technologies IPO will remain unlocked till 24 November 2023. The company will unlock this week on Wednesday and it will remain open for bidders till Friday. The Tata Group firm has selected Tata Technologies IPO cost at ₹475 to ₹500 apiece levels. Meanwhile, the grey market has remained steady on Tata Technologies IPO. As per the market watchers, Tata Technologies Ltd has been available at the premium of ₹352 in the grey market today. Scroll down to the next page for more information about it.
As per the report, Market viewers stated that Tata Technologies IPO grey market premium (GMP) today is ₹352, which is unaffected as it is ₹17 more down from its weekend GMP of ₹369 each share. Market observers stated that ₹17 drops must not be a concern for investors as Tata Technologies IPO GMP has been still close to 70 percent of Tata Technologies IPO price band of ₹475 to ₹500. You are on the right page for more information about the news.
They stated that Tata Technologies IPO cost band of ₹475 to ₹500. They stated that the company IPO date of subscription opening has been coming and the stock market mood was also down on Friday. So, this ₹17 dip is comparatively suitable for the book build issue. A bidder will be capable of applying in lots and one lot will comprise 30 Tata Technologies shares. In the wake of the T+3 schedule, the Tata Technologies IPO allotment date has been possible on 27th or 28th November 2023 whereas the Tata Technologies IPO listing date may decline on 29th November 2023. Here we have shared all the information that we had if we get any information then we will update you soon. Stay connected with us for more updates.