Tata Technologies IPO: GMP jumps after strong subscription status

In this article, we will talk about the Tata Technologies IPO. Tata Technologies Limited is an Indian multinational product engineering firm and it provides services in engineering and design, product lifecycle management, manufacturing product development, and IT service management to automotive and aerospace original equipment manufacturers. Reportedly, after the closure of the subscription of The Tata Technologies Ltd IPO, all eyes are fixed on the Tata Technologies IPO allotment data and Tata Technologies listing date. Now many people are super curious to know about the whole information about it. Here we have more information about the news and we will share it with you in this article.

Tata Technologies IPO

In the view of T+3 schedule, the Tata Technologies IPO allotment date is probably on the following trade date of three days of bidding. As Tata Technologies IPO locked on Friday, Tata Technologies IPO allotment date has been possible on Tuesday as the stock market remains closed on Saturday and Sunday. But if we talk about India then in India, the stock market will stay closed on Monday as well for Gurunanak Jayanti. So, most likely the firm’s IPO allotment date is Tuesday upcoming week i.e. 28 November 2023 and the listing date is on 30th November 2023thursday next week. Swipe up the next page for more information about it.

Meantime, following the powerful Tata Technologies IPO subscription status, the grey market went bullish on the public issue. As per the stock market observation, shares of Tata Technologies Ltd have been available at a premium of ₹402 per equity share. Now lots of people are super keen to know about the Tata Technologies IPO GMP today. You are on the right page for more information about it, so please read the complete article.

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Tata Technologies IPO GMP today

Tata Technologies IPO grey market premium (GMP) today is ₹402, which is ₹5 more elevated than its Friday GMP of ₹397. Market observers expressed grey market view has gone bullish after a robust reaction by investors. Beforehand of the Tata Technologies IPO opening date i.e. on 21st November 2023, Tata Technologies IPO GMP was 340, and Tata Technologies IPO GMP today is ₹402.

Tata Technologies IPO subscription status and listing date

In the three days of bidding from 22nd to 24th November 2023, Tata Technologies IPO subscribed 69.43 times whereas its retail portion got subscribed 16.50 times. The public issue got subscribed 62.11 times in the NII category whereas it QIB part obtained subscribed whopping 203.41 times. Tata Technologies IPO allotment date is possible on 28 November 2023 whereas most probably Tata Technologies IPO listing date is 30th November 2023 i.e. Thursday next week. Stay tuned to us for more updates.

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Gurleen Kaur

I'm a science graduate from the Ahmadu Bello University, Nigeria. My passion for writing has brought me to into the field of content.