Tata Technologies IPO: Unveiling a Legacy of Innovation

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by Akash

Scribbled Underline

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.

About Tata Technologies

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.

Tata Technologies IPO

The company will not receive any proceeds. The entire Offer Proceeds will be received by the Selling Shareholders.

Objective of the Tata Technologies IPO

– A Global Leader in Engineering Service

– Proven Financial Stability and Growth

– Promising Future Outlook

Tata Technologies IPO: Positive

Tata Technologies IPO: Potential Risk

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

Tata Technologies IPO Dates

IPO OPen

- 22 Nov 2023

IPO close

Applications timing

( 10AM - 5PM )

- 24 Nov 2023

Listing DATE

- 5 Dec 2023

Tata Technologies IPO Price and lot size

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

Tata Technologies IPO:  Grey Market Premium (GMP)

Tata Technologies IPO: A Compelling Investment Opportunity 

– A Promising Long-Term Investment Opportunity

– A Strong Company with a Proven Track Record

– A Growing Industry with Global Expansion Potential

Tata Technologies IPO: Eligibility and Application Process

– 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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