Tata Technologies IPO: Listing on stock exchanges scheduled for November 30
Tata Technologies is scheduled to list on the stock exchanges on November 30, following its initial public offering (IPO) that was subscribed 69.43 times on the final day of bidding.
The offer’s retail investors’ portion was subscribed 16.50 times, the NII portion was subscribed 62.11 times, and the Qualified Institutional Buyers (QIB) portion was booked 203.41 times. The employee portion was subscribed 3.70 times, Portion reserved for the shareholder was booked 29.19 times.
Tata IPO received bids for 3,12,64,91,340 shares against 4,50,29,207 shares on offer, according to data from the BSE.
The offer, which was the most-awaited IPO of the year, opened for subscription on Wednesday, November 22, and closed on Friday, November 24.
The subscription status on Day 2 was 14.85 times, and on Day 1, it stood at 6.55 times.
( This is a developing story)
