Tata Technologies share price makes blockbuster debut, stock lists at 140% premium at ₹1,200 on NSE
₹1,200 per share, 140% higher than the issue price of ₹500, and on the BSE, Tata Technologies shares were listed at ₹1,199.95 apiece. Market analysts projected a huge premium on the back of market optimism, which further contributed to the public issue's benefits.
However, they continue to believe that there could be significant trading activity in the Tata Technologies share price post listing and that it might reach levels of ₹1,000 per share on the listing day itself. Also Read: Tata Technologies IPO: GMP jumps.
Shares may hit four-digit on listing date Tata Technologies IPO opened for subscription on Wednesday, November 22, and closed on Friday, November 24. Tata Technologies IPO price band was fixed in the range of ₹475 to ₹500 per equity share of face value of ₹2.
Tata Technologies IPO lot size was 30 equity shares and in multiples of 30 equity shares thereafter. Tata Technologies IPO allotment was finalised on Wednesday, November 29.
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