Tata Technologies to enter stock market, got good response from IPO investors
Tata Technologies IPO: The IPO of Tata Technologies Limited was open for investors on 22 November 2023. Tata Technologies IPO had received 73.58 lakh applications. Today the shares of the company are listed on the stock exchange. It is expected that the shares of the company will be listed with a premium. Let us know in detail in this report. Read the full news...
The IPO of Tata Group company Tata Technologies Limited was open for investors from 22 November to 24 November 2023. Today the company's shares will be listed in the pre-special session on the stock exchange. The company's IPO received a very good response from investors. Tata Technologies' IPO was fully subscribed within a few minutes on the first day.
Today, even before the listing of its shares, a big update has come about the company. Tata Tech's biggest client is VinFast. At present Vinfast's share price has seen a decline of up to 90 percent. This decline may worry investors.
Tata Tech shares were allotted on Wednesday. That means shares would have been credited to the investors' demat accounts on the previous day. Those investors who have not been allotted shares will get a refund today.
The company's IPO was open for investors from November 22 to November 24. The company had opened an IPO of Rs 3,042.51 crore. The company's IPO received a very good response from investors. According to records, the company had received 73.58 lakh applications. Overall, the Company's IPO was subscribed 69.43 times.
This is the second IPO of Tata Group. Before this, TCS IPO was open to investors in 2004.