TATA TECHNOLOGY Limited IPO GMP

Tata Technologies' IPO, valued at Rs 3,042.51 crores, is a book-built offering comprising an offer for sale of 6.09 crore shares.

The bidding for Tata Technologies IPO commenced on November 22, 2023, concluding on November 24, 2023. The allotment process was completed by Tuesday, November 28, 2023. Subsequently, the shares were officially listed on both the BSE and NSE on November 30, 2023.

Tata Technologies' IPO price range is ₹475 to ₹500 per share, with a minimum lot size of 30 shares. Retail investors must invest a minimum of ₹15,000. For sNII, the minimum investment is 14 lots (420 shares), totaling ₹210,000, while bNII requires a minimum investment of 67 lots (2,010 shares), amounting to ₹1,005,000.

JM Financial Limited, Citigroup Global Markets India Private Limited, and BofA Securities India Limited serve as the book running lead managers for the Tata Technologies IPO. Meanwhile, Link Intime India Private Ltd has been appointed as the registrar overseeing the issue.