Tata Investment IPO Share Allotment Tomorrow: How to Check Status; Know GMP
Tata Technologies is a subsidiary of automobile major Tata Motors and is a manufacturing-focused Engineering Research & Development
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Tata Technologies is a subsidiary of automobile major Tata Motors and is a manufacturing-focused Engineering Research & Development
Tata Tech IPO was oversubscribed 69.43 times as investors poured in Rs 1.57 lakh crore by making 73.58 lakh applications. The issue closed for subscription on Friday. In terms of the number of applications, Tata Tech has broken LIC's record of 73.38 lakh applications in May 2022. Reliance Power is at the third place as it had got 48 lakh IPO applications in January 2008.
The Tata Group's much-awaited IPO opened for subscription on November 22, 2023, for three days.
In a regulatory filing on Saturday 25 November 2023, Tata Motors confirmed that Tata Technologies' Initial Public Offering (IPO) is set at an offer price of Rs 500 per equity share with each face valu
The Tata Group company, which has launched its first IPO in the last two decades, plans to raise Rs 3,042 crore through the public issue.