An early Christmas for Tata Tech shareholders; stock lists at 140% premium at ₹1,200
Post listing, Tata Technologies shares gained 180% over the IPO price to ₹1,400 apiece, while the market capitalisation surged to ₹56,555 crore.
tata tech
November 2023
Tata Tech IPO: Issue fully subscribed within an hour; set to smash TCS record
Tata Tech IPO was subscribed 1.93 times by 11:27 am; the quota for retail investors, NIIs and QIBs were booked 1.68 times, 2.78 times and 1.98 times, respectively.
Tata Tech IPO: ₹791 cr raised from anchor investors; GMP signals strong demand
Tata Technologies to allocate 1.58 crore shares to 67 anchor investors at ₹500 apiece, which saw participation from 17 domestic mutual funds.
