Investors have responded overwhelmingly to the initial share sale of Tata Technologies, a subsidiary of Tata Motors, which has created a buzz in the market. The company is now set to finalise the basis of allotment of IPO shares by today, November 28th. It’s a once-in-a-lifetime opportunity for investors to invest in a promising company that’s poised for growth and success. Don’t miss out on this chance to be a part of Tata Technologies’ success story.
Tata Technologies GMP:
Tata Technologies’ unlisted shares are in high demand, with a strong rebound in the grey market premium after a marginal dip over the weekend. This indicates growing recognition of the company’s growth potential by investors.InsertRephrase
How to check allotment status: To check the share allotment status of Tata Technologies’ IPO, you can visit the BSE website or the portal of IPO registrar (Link Intime India) and follow these simple steps:
On the BSE website: –
– Select ‘equity’ and ‘issue name’ (Tata Technologies Limited) in the dropdown
– Enter your ‘application number’ or ‘PAN number’
– Check the box ‘I am not a robot’, and click on ‘search button’
On the IPO registrar portal:
– Click on ‘Tata Technologies Limited
– IPO’ in the dropdown – Enter your ‘PAN number’, ‘application number’, or ‘DP Client ID
– Click on ‘search’
About the offer: Tata Technologies was one of four IPOs open for public bidding. The issue was an offer for sale (OFS), which means that the company did not receive any proceeds from the public offer. The company sold its shares in a price band of ₹475-500 to raise ₹3,042.51 crore via its IPO route. Under the OFS, Tata Motors, Alpha TC Holdings, and Tata Capital Growth Fund sold 4.62 crore shares, 97.1 lakh shares, and 48 lakh shares, respectively.
