The wait for the Tata Technologies IPO is over; start investing immediately and be aware of the lot size and price range

 The wait for the Tata Technologies IPO is over; start investing immediately and be aware of the lot size and price range

On December 5, 2023, Tata Technologies' shares will go public on the stock exchange. The size of Tata Tech's IPO is around Rs 3042 crore. The Tata Group's TCS IPO had already entered the market.

The Tata Technologies IPO's gray market premium, or GMP, was Rs 351 on Tuesday.

For the next three days starting today, there is an excellent chance if you are interested in investing in initial public offerings (IPOs) and want to make money. Today marks the end of the wait for Tata Technologies' IPO. Subscriptions for this IPO will open on Wednesday, November 22, 2023. Investments are accepted till November 24, 2023. The Tata Group is making its first IPO in 19 years with this one. For this IPO, the business has set a price range of Rs 475 to Rs 500 per share. Investors must contribute a minimum of Rs 15,000 to the fund.

List day is December 5th

The announcement states that on December 5, 2023, Tata Technologies shares will go public on the stock exchange. The size of Tata Tech's IPO is around Rs 3042 crore. In the IPO, the business plans to sell more than 60,850,278 shares, or more than 60.8 crore. Let us inform you that 60.85 lakh of these shares are set aside for Tata Motors' stakeholders. Likewise, around 0.5 percent of the shares have been set aside for Tata Technologies staff members. The whole EPO is up for sale via Offer for Sale (OFS).

In the gray market, stable

The gray market premium, or GMP, of the Tata Technologies initial public offering (IPO) was Rs 351, unchanged from Monday, according to Market Observer. This indicates that the Tata Technologies IPO's GMP is still steady in spite of the tumultuous Dalal Street tendencies. Investors need to be aware of the unique potential of the Tata Technologies IPO and the potential for financial gain. On November 27, investors may get their shares under the terms of the IPO. The first initial public offering (IPO) in the Tata Group since TCS's 2004 IPO will be the one from Tata Technologies, the division of Tata Motors.