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Shares of Tata Technologies will be listed on both BSE and NSE on Friday, November 30 as the upcoming week will observe a stock market holiday on Monday, November 27.
IREDA IPO | Given the strong response to the offer, equity shares will be allocated to investors on a proportionate basis.
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.
After a week filled with hot IPOs, Zerodha's Nithin Kamath praised the smooth process of IPO listing and said that things would have been a lot different 20 years ago
The Tata Group's much-awaited IPO opened for subscription on November 22, 2023, for three days.