Tata Technologies IPO: GMP jumps. Shares may hit four-digit on listing date

livemint.com:

Tata Technologies IPO: Listing date of the initial public offering (IPO) of Tata Technologies Ltd has been fixed on 30th November 2023 i.e. today. As per the information available on BSE website, Tata Technologies share price will hit Dalal Street during Thursday deals.

According to BSE notice, Tata Technologies IPO will list on BSE and NSE in special pre-open session on BSE and NSE during Thursday deals. According to stock market experts, Tata Technologies IPO received strong response from investors and it is expected to list at strong premium as well. They said that stock market mood is also optimistic and that also fancies and additional benefit for the public issue.

They went on to add that Tata Technologies IPO may list at around ₹340 to ₹380 premium, which means an allotte may expect up to 75 per cent listing gain from Tata Technologies IPO. However, they maintained that Tata Technologies share price may witness strong trade volume post-listing and expected Tata Technologies share price to touch ₹1,000 apiece levels on the listing date itself. Also Read: Tata Technologies IPO allotment finalised: GMP, subscription details, steps to check Tata Tech IPO allotment status Speaking on Tata Technologies IPO listing, Prashanth Tapse, Sr.