Tata Technologies IPO Allotment Expected Soon: Steps To Check Status
NDTV
The Tata Technologies IPO, a total issue size of ₹ 3,042.51 crore, was open for subscription between November 22-24 at a price band of ₹ 475-500 per share
The initial public offering by Tata Technologies Ltd witnessed a remarkable response from the investor with a subscription of 69.4 times. The IPO by a Tata Group company in nearly two decades was open for subscription from November 22 to 24.
Notably, the investor purchased 312.65 crore equity shares against the offer size of 4.5 crore shares, reflecting a substantial demand. The total bids amounted to ₹1.56 lakh crore worth of shares in just three days, according to a Moneycontrol report.
The ₹ 3,042.51 crore IPO was open for subscription for three days at a price range of ₹ 475-500 per share.