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November 25, 2023
For accurate and up-to-date information, it's imperative to check the appropriate channels as IPO allotment methods may vary.
November 24, 2023
Tata Technologies IPO | It is entirely an offer-for-sale (OFS) of 6.08 crore shares by the promoter Tata Motors, and investors Alpha TC Holdings and Tata Capital Growth Fund 1, while there is no fresh issue component.
November 24, 2023
“We have trimmed a little bit because the stocks ran up very quickly. So it is not that we have any fundamental negative view on it. And the RBI governor has been talking about potential stress which may come in the unsecured side and that means only in NBFCs where the unsecured lending book is higher.”
November 24, 2023
Tata Technologies raised Rs 791 crore from 67 investors through the anchor book as it allocated 1,58,21,071 equity shares at a price of Rs 500 per share.
November 24, 2023
“If you look at what Honasa has reported, in terms of profit growth and all, given the market cap, it is not anything great. And when you do an IPO etc., post that after fundraising, some improvements etc. will happen, but longer term sustainability is going to be a big issue, as we have seen with Nykaa also.”
November 24, 2023
With US elections next year, the incumbent President would not like to have a recession and high unemployment at the time voting, says Satish Ramanathan.
November 24, 2023
The IPO of Tata Technologies is generating a strong response from investors. Moving away from the initial noise, much of the optimism around the company is due to cheap valuations when compared with listed peers such as KPIT, L&T Tech and Tata Elxsi.
November 24, 2023
Tata Motors sold 9.9% stake for Rs 1,1613 crore in a pre-IPO deal last month. After selling 4.63 crore shares, Tata Motorsโ stake in Tata Tech will go down from 64.79% to 53.39%.
November 24, 2023
Gandhar Oil Refinery has reserved 50 percent of the net issue for QIBs, 15 percent for NIIs and the remaining 35 percent for retail investors
November 24, 2023
The last time investors got a chance to participate in such a public float was in 2004 when TCS hit the bourses. The IT services company turned out to be an excellent wealth creator for investors and is one of the top blue-chips today in terms of market capitalisation. Can the software-solutions provider to automakers repeat the feat?