To verify the status of your Tata Tech IPO share allocation, follow these steps

 To verify the status of your Tata Tech IPO share allocation, follow these steps

 To verify the status of your Tata Tech IPO share allocation, follow these steps

Tata Technologies IPO Share Allotment: The registrar of the issue, Link Intime Pvt Ltd, or the Bombay Stock Exchange (BSE) are the places to verify the progress of an application.

Tuesday, November 28, is most likely when the share allocation procedure for Tata Technologies' November 24 closing IPO is completed.

After an incredible response from investors that resulted in a significant oversubscription, many are curious to find out whether they have been assigned shares before the market listing.

You may check the application's progress on Link Intime Private Limited, the issue registrar, or on the Bombay Stock Exchange (BSE). Following the company's completion of the allocation basis, investors may verify their status by following these procedures.

Choose 'Equity' and then the name of the issue (Tata Technologies).

Put both your PAN card number and application number here.

Select "Search" from the menu.

Link via the website of Intime India:

Visit the website Link Intime.

Tap 'Company Select' and choose Tata Technologies as the IPO name.

Put in your Account Number/IFSC, DP/Client ID, Application Number, or PAN.

Press "Search."

For the status to be shown, ensure that the given data are correct. By November 29, the shares should be credited to the demat accounts of the successful applicants.

View Tata Tech IPO Specifics

At a price of Rs 475–500 per share, the initial public offering (IPO) attracted a resounding response, being subscribed 69.43 times.

An offer of 4.5 crore shares was met with bids for 312.64 crore equity shares in the first Tata Group initial public offering (IPO) in over two decades.

The number of subscriptions was 203.41 for qualified institutional bidders, 62.11 for non-institutional investors, and 16.5 for individual investors.

The 'others' category got a subscription that was 29.20 times more than the workers' portion, which was bid 3.7 times.

GMP and listing expectations for Tata Tech's IPO

On November 30, shares of Tata Technologies are anticipated to go public. The current gray market premium (GMP) is ₹414, which suggests that a listing price of around ₹914 is predicted, representing a premium of almost 83%.

The majority of experts suggest a "Subscribe" rating, pointing to reasonable prices, significant brand heritage, and rising financials.

Gray market premiums, or GMPs, are thought to be uncontrolled and speculative, despite the information they provide. Investors are advised by financial analysts and specialists that GMPs are unrelated to a company's core financial characteristics.