Exciting news for investors!
Tata Technologies IPO is each set to protest off with a price range of ₹ 475 to ₹ 500 per equity share, and the subscription window opens on November 22, closing on November 24.
Prime your portfolios as the IPO promises an offer for trade( OFS) of over to equity shares for cash. Tata Tech aims to raise ₹ 3,042.51 crore, featuring an interesting blend of anchor investors allocation on November 21, with the undermost price at237.50 times the face value and the cap price at 250 times.
The lot size is a reasonable 30 equity shares, with an IPO base of allotment tentatively set for November 30. Mark your timetables for a implicit table on December 5, and stay tuned for updates on the base of allotment, refunds, and demat account credits.
With reserved portions for QIBs, NIIs, and Retail Investors, the IPO is creating quite a buzz in the request.
Tata Technologies IPO GMP at 298!
Tata Technologies gears up for its IPO, and the Grey Market Premium( GMP) is buzzing at 298! This suggests that Tata Technologies shares are trading at a decoration of ₹ 298 in the slate request moment, according toinvestorgain.com.
The positive GMP is a promising sign, reflecting strong investor interest and confidence in the company’s prospects. Investors are keeping a close eye on this decoration, as it provides an unofficial but perceptive index of request sentiment.
As the expectation builds, it’s clear that Tata Technologies is landing attention in the fiscal geography. Stay tuned for further updates as the IPO trip unfolds, and the request continues to reply to this instigative development!
