by Akash
Tata Technologies Ltd, a TATA group company, is a global engineering and digital services firm specializing in services for automotive, aerospace, and industrial machinery OEMs.
Tata Technologies is planning to launch an initial public offering (IPO) of Rs 3,042.51 crores. The issue is entirely an offer for sale of 6.09 crore shares.
The company will not receive any proceeds. The entire Offer Proceeds will be received by the Selling Shareholders.
– A Global Leader in Engineering Service
– Proven Financial Stability and Growth
– Promising Future Outlook
Economic Conditions: Global economic slowdown could impact engineering services demand
Competition: Intense competition in the engineering services sector
Client Reliance: Dependence on a few large clients could increase risk
IPO OPen
- 22 Nov 2023
IPO close
Applications timing
( 10AM - 5PM )
- 24 Nov 2023
Listing DATE
- 5 Dec 2023
IPO Price band
Lot Size
- 30 shares
Minimum investment
₹ 14,250
₹ 475- 500
As per market observers , the Grey Market Premium GMP for Tata Technologies IPO: ₹367 per share
– A Promising Long-Term Investment Opportunity
– A Strong Company with a Proven Track Record
– A Growing Industry with Global Expansion Potential
– Eligibility: Resident Indians, NRIs, and QIB
– Application Process: Through ASBA (Application Supported by Blocked Amount) mechanism
– Application Forms: Available through brokers, ASBA-enabled banks, and online trading platform
The prices, open date, close date, or listing date of IPOs mentioned above are for informational purposes only and may be subject to change. Investors are advised to contact their registered financial adviser or broker for more information and verify the latest details before making any investment decision. Investment in IPOs involves a risk of capital loss, and it is essential to consult a registered financial adviser for personalized advice before investing.
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