The Tata Technologies Initial Public Offering (IPO) reached its conclusion with an extraordinary oversubscription of 69.43 times. To ascertain your allotment status, kindly refer to the Link Intime Pvt Ltd and BSE websites.
The IPO subscription period for Tata Technologies Ltd. culminated on Friday, showcasing a remarkable oversubscription of 69.43 times. Institutional investors took the lead with a staggering 203.41 times subscription, followed by non-institutional investors at 62.11 times, retail investors at 16.50 times, employee reserved at 3.70 times, and reservation portion shareholders at 29.19 times.
Having observed robust demand, Tata Technologies Ltd. has set the offer price, including the anchor investor offer price, at Rs 500 per equity share with a face value of Rs 2 each. This decision was made in consultation with the book-running lead managers, as disclosed in an exchange filing by parent company Tata Motors Ltd. The initially defined price band was Rs 475–500 per share.
Tata Technologies IPO Allotment Date
The finalization of share allotment for Tata Technologies Limited is anticipated on Tuesday, November 28.
(Note: This date is tentative and subject to change)
Tata Technologies IPO Listing Date
The listing of Tata Technologies shares on the bourses (BSE & NSE) is scheduled for Thursday, November 30.
(Note: This date is tentative and subject to change)
How to Check Tata Technologies IPO Allotment Status on Link Intime Pvt Ltd.?
- Visit the Link Intime website: Link Intime IPO Page
- Select “Tata Technologies Limited” from the dropdown list once allotment is finalized.
- Enter your PAN number, application number, or DP Client ID.
- Click on the “SUBMIT” button.
- Download or print the allotment status for your records.
How to Check Tata Technologies IPO Allotment Status on BSE Website?
- Go to the official BSE website: BSE IPO Status
- Select the issue type as ‘Equity.’
- Choose “Tata Technologies Limited” from the dropdown menu.
- Enter your application number or PAN (Permanent Account Number).
- Complete the ‘Captcha’ for verification.
- Click on the “Search” button to view your allotment status.
- Download or print the allotment status for your records.
Tata Technologies IPO Timeline (Tentative Schedule)
- IPO Open Date: Wednesday, November 22
- IPO Close Date: Friday, November 24
- Basis of Allotment: Tuesday, November 28
- Initiation of Refunds: Wednesday, November 29
- Credit of Shares to Demat: Wednesday, November 29
- Listing Date: Thursday, November 30
Tata Technologies IPO Issue Details
- Total issue size: Rs 3,042.51 Crores
- Face value: Rs 2 per share
- Offer for sale size: Rs 3,042.51 Crores
- Shares for offer for sale: ₹60,850,278 Shares
- Price band: Rs 475 to Rs 500 per share
- Lot size: 30 Shares
About Tata Technologies Limited
Established in 1994, Tata Technologies Limited, a global engineering services company, is gaining recognition for its innovative solutions. Specializing in product development and digital solutions, the company collaborates with major global manufacturers to create safer, cleaner, and higher-quality products. With a strong focus on the automotive industry, Tata Technologies has expanded its expertise to serve clients in aerospace, transportation, and heavy construction machinery. Boasting a team of over 11,000 employees across 27 countries, the company’s revenue has demonstrated an impressive compound annual growth rate (CAGR) of 30% from 2021 to 2023.
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