Tata Technologies Share Price Live Updates: Tata Tech shares to get listed at 10 am; analysts expect blockbuster debut
Tata Technologies Share Price Live Updates: Shares of Tata Technologies are all set to debut on stock exchanges BSE and NSE at 10:00 am today after receiving an overwhelming response from investors during its three-day subscription period last week. Tata Group's first initial public offering (IPO) in almost 20 years was subscribed over 69 times by the final day of bidding.
D-Street analysts expect a blockbuster listing and project Tata Technologies shares to list at over 75 per cent premium against its issue price of ₹500 per equity share today.Stay tuned to our Tata Technologies live blog for all the latest updates on Tata Technologies share price today.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 allottee 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.
Read hereTata Technologies IPO GMP or grey market premium is ₹440 per share. This indicates that Tata Technologies IPO share price were trading at a premium of ₹440 on Wednesday, according to investorgain.com.Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Tata Technologies is ₹940 apiece, which is 88 per cent higher than the IPO price of ₹500.Market
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