Today is the day when the Tata Group is issuing its initial public offering. Yes, Tata Group will issue the IPO of Tata Technologies on Wednesday, November 22, 2023. i.e. today. As the investors are excited to buy the equity shares of Tata Technologies IPO, we decided to provide some key details of the IPO before the investors make payments for its shares. In the following sections of this column, you will read about Tata Technologies IPO’s GMP, price, lot size, review, and other imperative details. Also, we have answered whether you should apply for Tata Technologies IPO or not. So stick with this page and read it keenly till the end. Scroll down the page.
Tata Technologies IPO Available With Price Band At Rs 475-500
For the unversed, Tata Group has been issuing its initial public offering after a hiatus of two decades. Therefore, investors are seemingly very excited to buy the equity shares of Tata Technologies. The IPO for Tata Technologies is scheduled to open on Wednesday, November 22, 2023. Yes, the IPO of Tata Technologies Ltd. has hit the primary market of India. If you are scrounging the news articles to read the price of Tata Technologies equity shares and other details, shift to the next section. Drag down the page.
Tata Technologies IPO price band is said to be set between Rs 475 and Rs 500 per equity share. Kindly note that the IPO worth Rs 3042.51 crore is aimed at listing on NSE and BSE. The public issue is 100 percent. Speaking of the grey market, Tata Technologies IPO is receiving a bullish signaling trend. The shares of Flair Writing Industries Ltd are available at a premium of Rs 355 in the Grey Market. The public issue date for Tata Technologies IPO is November 22, kindly note that the public issue will be available for budding till Friday, November 24. Drag down the page to read about its lot size.
The lot size of Tata Technologies IPO is comprised of 30 equity shares. Yes, the bidder will bid for the company’s shares in multiple of 30 equity shares. The fixed price for the equity shares is set at Rs 475-500 per equity share. The company is targeting to raise Rs 3042.51 crore from its IPO. Reportedly, the IPO is a 100 percent offer for sale in nature. As one lot of Tata Technologies IPO is comprised of 30 company shares and the IPO price band is at Rs 475 to Rs 500 per equity share, an investor will require a minimum of Rs 15,000 to apply for a lot of the Tata Technologies IPO.