Tata Technologies IPO: GMP jumps after strong subscription status. How to chech allotment, all eyes set on listing date
Tata Technologies IPO: After closure of subscription of the initial public offering (IPO) of Tata Technologies Ltd, all eyes are now set on Tata Technologies IPO allotment date and Tata Technologies IPO listing date. In the wake of T+3 schedule, Tata Technologies IPO allotment date is most likely on the following trade date of three days bidding. As Tata Technologies IPO closed on Friday, Tata Technologies IPO allotment date is likely on Tuesday as stock market remains closed on Saturday Sunday.
However, in India, stock market will remain closed on Monday as well for Gurunanak Jayanti. So, most likely Tata Technologies IPO allotment date is Tuesday next week i.e. 28th November 2023 and Tata Technologies IPO listing date is most likely on 30th November 2023 i.e.
Thursday next week. Meanwhile, following strong Tata Technologies IPO subscription status, grey market has gone further bullish on the public issue. According to stock market observers, shares of Tata Technologies Ltd are available at a premium of ₹402 per equity share.
Market observers said that Tata Technologies IPO grey market premium (GMP) today is ₹402, which is ₹5 higher from its Friday GMP of ₹397. They said that grey market sentiment has gone bullish after strong response by investors. Ahead of Tata Technologies IPO opening date i.e.
on 21st November 2023, Tata Technologies IPO GMP was 340 and Tata Technologies IPO GMP today is ₹402. This means in lsst four days, Tata Technologies IPO GMP has gone up from ₹340 to ₹402 levels. Also Read: Tata Technologies IPO sets record! Attracts over 50 lakh applications on issue, highest among private companies It should be noted that Tata Technologies IPO grey market premium has risen despite choopy trends on Dalal
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