1. Tata Technologies makes bumper debut; Stock Market LIVE Updates

Tata Technologies makes bumper debut; Stock Market LIVE Updates


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5 mins   •   Updated: November 30, 2023, 2:38 PM

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Tata Technologies makes bumper debut; Stock Market LIVE Updates

Summary

Tata Technologies IPO was subscribed around 69 times.

  1. Tata Technologies continue to surge; Stock Market LIVE Updates

    Shares of Tata Technologies made a bumper listing on the exchange today, listing at a premium of 140% compared to the issue price of ₹500 per share. After a strong market debut, shares of the company rose further by 162% as of 2:30 pm.

    Stock price advances after a strong debut has made Tata Technologies seventh highest-listed company in terms of listing day gains.

    November 30, 2023 2:38 PM

  2. Tata Technologies shares continue to move upward; Stock Market LIVE Updates

    After listing a premium of 140%, shares of Tata Technologies have continued their upward movement. Tata Technologies’ stock is up 167% compared to the issue price of ₹500 per share. Note that the IPO had received a strong response from investors. It was subscribed around 69 times.

    November 30, 2023 12:35 PM

  3. Tata Technologies makes stellar debut; Stock Market LIVE Updates

    Shares of Tata Technologies list at a premium of 140% compared to the issue price of ₹500 per share. The IPO, which was open for subscription between 22 November and 24 November, had received strong investor interest. The public issue was subscribed 69 times on the final day.

    November 30, 2023 10:35 AM

  4. Day 3: Tata Technologies IPO subscribed over 69 times; Stock Market LIVE Updates

    The IPO of the Tata Group company received strong traction over the last three days.

    Overall, the public issue was subscribed 69.2 times as of 4 pm. The retail portion has been subscribed 16.2 times. The portion for qualified institutional investors has been subscribed 203.4 times. The non-institutional investors’ segment has been subscribed 62 times.

    To know more and apply for the Tata Technologies IPO.

    November 24, 2023 4:06 PM

  5. Day 3: Tata Technologies IPO subscription status at 11:15 am; Stock Market LIVE Updates

    Investors continue to flock towards the IPO of this pure-play engineering research & development company on the final day.

    On day 3, the IPO was subscribed 18.9 times as of 11:15 am.

    The retail portion has been subscribed 12.9 times. The IPO is also receiving strong interest from non-institutional investors with this segment being subscribed 40.5 times. The QIB (qualified institutional investors) portion has also been subscribed 13.8 times.

    To know more and apply for the Tata Technologies IPO.

    November 24, 2023 11:21 AM

  6. Day 2: Tata Technologies IPO subscribed around 15 times; Stock Market LIVE Updates

    Investors showed strong interest in the IPO of this pure-play engineering research & development company on day 2.

    The IPO was subscribed 14.8 times.

    Retail investors continued to gravitate towards the IPO with the retail segment being subscribed 11.1 times. The portion for non-institutional investors has been subscribed 31 times. The QIB (qualified institutional investors) portion has also been subscribed 8.5 times.

    To know more and apply for the Tata Technologies IPO.

    November 23, 2023 5:15 PM

  7. Day 2: Tata Technologies IPO subscribed around 12 times; Stock Market LIVE Updates

    The IPO of pure-play engineering research & development company is receiving strong interest from investors.

    On day 2, the IPO has been subscribed around 12 times as of 2:30 pm.

    Retail investors are flocking towards the IPO with the retail segment being subscribed 9.5 times. The portion for non-institutional investors has been subscribed 23.5 times. The QIB (qualified institutional investors) portion has also been subscribed 6.8 times. To know more and apply for the Tata Technologies IPO.

    November 23, 2023 2:39 PM

  8. Tata Technologies IPO Day 2 subscription; Stock Market LIVE Updates

    So far on Day 2, Tata Technologies IPO is subscribed over 10 times. The IPO is receiving strong response from investors., with retail individual investors subscription at 8.5 times. The IPO will remain open for subscription till 24 November 2023.

    To know more and apply for the Tata Technologies IPO.

    November 23, 2023 12:26 PM

  9. Tata Technologies IPO receives strong response; Stock Market LIVE Updates

    The IPO of Tata Technologies is receiving strong traction from investors on the first day. The IPO was subscribed over 6.5 times at the end of the first day. The IPO will remain open for subscription till 24 November 2023.

    To know more and apply for the Tata Technologies IPO.

    November 22, 2023 5:30 PM

  10. Tata Technologies IPO: Five things to know before investing; Stock Market LIVE Updates

    Tata Technologies IPO GMP

    Tata Technologies IPO’s grey market premium (GMP) is around ₹360, signalling substantial listing gains in the range of 65% to 75%.

    Company Profile

    Tata Motors’ subsidiary, Tata Technologies, is a pure-play manufacturing-focused engineering, research and development (ER&D) company. It offers its clients product development and digital solutions, primarily focused on the automotive industry.

    Offer Details

    The ₹3,042 crore IPO will be open for subscription between 22 to 24 November 2023. The price band for the IPO is ₹475 to ₹500 per share. The lot size is 30. The minimum investment required for this IPO is ₹15,000.

    Objective of the IPO issue

    This IPO will be an entirely offer for sale (OFS) of over six crore equity shares. Tata Technologies will not receive any money from this issue. Instead, all the proceeds will go to the selling shareholders. Also, the company wants to reap the benefits of listing the equity shares on stock exchanges.

    Listing date

    As per IPO schedule, Tata Technologies shares will list on 5 December 2023.

    November 22, 2023 5:18 PM