Tata Technologies Limited IPO
Tata Technologies Limited was a mainboard IPO in the IT Enabled Services sector, offered at ₹475–₹500 per share to raise ₹3,043 crore. The issue was subscribed 69.43× overall (QIBs 203.41×, NIIs 62.11×, retail 16.5×). It listed on 30 Nov 2023 at ₹1,200 and closed its first day at ₹1,313, a listing gain of +162.6% versus the ₹500 issue price. It now trades around ₹647 (+29.4% versus the issue price).
Frequently asked questions
- How many times was the Tata Technologies Limited IPO subscribed?
- The Tata Technologies Limited IPO was subscribed 69.43× overall — 203.41× in the QIB category, 62.11× among non-institutional investors, 16.5× in retail.
- What were the Tata Technologies Limited IPO listing gains?
- Tata Technologies Limited listed on 30 Nov 2023 at ₹1,200, closing its first day at ₹1,313 — a listing gain of +162.6% versus the ₹500 issue price.
- What were the retail allotment odds for the Tata Technologies Limited IPO?
- Retail was subscribed 16.5×, so a single-lot application had roughly a 6.1% chance of allotment (about 1 in 16), and allotment was finalised on 24 Nov 2023.
- What was the price band and lot size of the Tata Technologies Limited IPO?
- The price band was ₹475–₹500 per share, with a minimum lot of 30 shares (₹15,000 at the upper band).
- Who were the registrar and lead manager for the Tata Technologies Limited IPO?
- Link Intime India Private Limited was the registrar, and JM Financial was the book-running lead manager.