Check out the details about Tata Technologies IPO Date, Expected Price, Lot Size, GMP & Allotment Dates from this article. Different details about Tata Technologies IPO Date, Expected Price, Lot Size, GMP & Allotment Dates, and other significant details are included in this article.
Tata Technologies IPO Date
Tata Technologies is one of the leading global engineering services companies. Tata Technologies provide services such as digital solutions and product development. This significant company uses its deep manufacturing knowledge to help its customers in developing products that are safer and sustainable.
Additionally, Tata Technologies provide digital transformation solutions for its customers. These significant digital transformation solutions for customers generate profitable growth. From Automotive to Aerospace, Tata Technologies assists many industries in their product developments and provides them with digital solutions.
Tata Technologies Overview
|Global Delivery Centres||19|
|Clients from||27 countries|
|Partners||MIH, PTC, Kovair, Codincity, Logility, Dassault Systèmes, SAP, Siemens, Hexagon|
Tata Technologies IPO Expected Price
The expected price of the Tata Technologies IPO is around INR 12,000 Crores. The share price of Tata Technologies is expected to be around INR 295. However, companies give a particular percentage of discount to attract more investors. If there is a discount of 10 to 15 percent, the share price of Tata Technologies will range from INR 280 to INR 285.
However, the actual price information of the Tata Technologies IPO will be revealed once the company finalizes the date and price bands. A detailed prospectus will also be available on SEBI’s website. Nevertheless, many investors are looking forward to investing in Tata Technologies, and the company will soon unveil IPO details.
Tata Technologies IPO Details
The date for the Tata Technologies IPO opening date is not confirmed yet. However, Tata Technologies IPO is likely to open either by the end of August 2023 or in the initial week of September. Moreover, the details of its price range, per equity share price, lot size, minimum number of lots, number of shares, issue size, registrar information, etc., will be available shortly.
Tata Technologies IPO is going to be listed at BSE and NSE. Therefore, investors can easily check the details of Tata Technologies IPO’s subscription from these Stock Exchange Websites. In addition, it will be a Book Built Type IPO.
Tata Technologies IPO Lot Size
The lot size of Tata Technologies will be available once the IPO dates and other relevant things are finalized by the company. The minimum lot of the Tata Technologies IPO will contain a particular number of shares for which investors can apply.
Based on the number of shares in Tata Technologies, the price of its minimum and maximum lots will be calculated. During the period between Tata Technologies IPO’s opening and closing dates, retail investors can apply in their desired number of lots.
The price of each Tata Technologies Share is yet to be announced by the company. However, experts believe that the cost of each share will be around INR 280 – 285. Accordingly, the investors will be allowed to apply in the lot(s).
As the details about Tata Technologies IPO are currently not available, the date of allotment cannot be determined. However, it is expected that the Tata Technologies IPO allotment date can be scheduled in September. Soon, the exact date of Tata Technologies IPO allotment will be provided by the company.
Tata Technologies IPO Allotment Date
The allotment of Tata Technologies shares will be done shortly after the closing date. The same number of shares that the investors applied for during Tata Technologies’ IPO dates will be credited into the Demat Accounts of the investors.
After the completion of Tata Technologies IPO allotment to the selected investors, the remaining investors who didn’t receive the allotment will get their money refunded. For this, the refund initiation phase will be conducted shortly after the allotment date.
Tata Technologies IPO GMP & Allotment Dates
The GMP of Tata Technologies is around INR 84. The shares of Tata Technologies are being traded in the Grey Market at INR 84 premium. Each day, the GMP of Tata Technologies changes. Detailed information on Tata Technologies’ assets, issues size, face value of shares, objectives of issue, financial information, etc., can be checked from its Red herring prospectus.
Although Tata Technologies is looking like a good company to invest in due to its revenues and global outreach, customers are still suggested to check all the aspects of Tata Technologies IPP and the company details before investing in it.
|BSEH Home Page||Click Here|