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Tata Technologies IPO-Biggest ever

Tata Technologies’ initial public offering (IPO) was a resounding success, with over 69 times subscription and bids worth ₹1.56 lakh crore. The IPO was open for subscription from November 22 to November 24, 2023, and was priced at ₹475 to ₹500 per share. The company is expected to list on the BSE and NSE on December 5, 2023.

Here are some key details about the Tata Technologies IPO:

  • Issue size: ₹3,042.51 crores
  • Price band: ₹475 to ₹500 per share
  • Subscription: 69.43 times
  • Bids worth: ₹1.56 lakh crore
  • Listing date: December 5, 2023
  • Listing exchanges: BSE and NSE

Note: All figures are in Indian rupees (INR).

The strong subscription to the IPO indicates that investors are optimistic about the company’s future prospects. Tata Technologies is a leading global engineering and IT services company with a strong track record of growth. The company is well-positioned to benefit from the growing demand for digital transformation services.



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