Diabytes
Tata Technologies IPO News
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Check out some heartwarming, quirky and funny internet memes on Tata Technologies Stock Market Listing.
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Tata Technologies Stock Market Listing: Shares listed at Rs 1,199.95, registering a sharp jump of 139.99 per cent from the issue price of Rs 500 on the BSE.
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Tata Technologies IPO Shares Listing Today: Vaibhav Kaushik, Research Analyst at GCL Broking said that the listing premium may be about 75-80 per cent above the issue price of Rs 500 per share.
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The Rs 3,042.5 crore IPO of Tata Technologies, which provides engineering and product development digital services, was subscribed 69.43 times on the final day of subscription on Friday.
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Successful applicants will receive their allotted shares in their demat accounts, while the refund process will be initiated for those not granted shares.
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Will investors of Tata Technologies IPO reap good returns? Check the expected listing price and expert's take on it.
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As per reports, the Tata Technologies latest GMP suggests a premium of Rs 414, suggesting that the scrip will have a stellar debut on its stock market listing.
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This is the first company from Tata Group to float an initial public offer in nearly 20 years – the last IPO being Tata Consultancy Services’ in 2004.
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The Indian market has five issues opening and closing between Tuesday the 21st of November and Friday the 24th of November.
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The maiden public issue will open for public subscription on November 22 and end on November 24. The anchor book of the offer will be opened for a day on November 21, the company announced.
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