Tata Technologies IPO allotment – How to check allotment, GMP, listing date and more

• Tata Technologies is expected to announce its share allotment status on Wednesday, November 29.
• The shares of Tata Technologies were subscribed 69.43 times.
• The shares are expected to be listed on the stock exchanges on November 30.

Pune-based Tata Technologies, a global engineering research and development (ER&D) company is expected to announce the allotment status of its initial public offering (IPO) on Wednesday, November 29. This is the first IPO from the house of Tatas in 19 years.

The Tata Technologies IPO opened on November 22 and closed on November 24. The price band for the IPO was ₹475 to ₹500 per share.

Robust subscription

On the last day, the Tata Technologies IPO was subscribed 69.43 times, receiving bids for 312.65 crore equity shares against 4.5 crore shares on offer.

While the qualified institutional buyer portion was subscribed 203.41 times, the non-institutional investors portion was subscribed 62.11 times. The retail portion also witnessed good participation and was subscribed 16.50 times. The employee portion was subscribed 3.7 times. The portion reserved for shareholders was subscribed 29.19 times.

Grey market premium

The shares of Tata Technologies are currently commanding a grey market premium (GMP) of ₹410 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Tata Technologies IPO allotment status, visit the registrar’s website$4.
• Click on ‘Select Company’ and then select ‘Tata Technologies’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Now, enter the captcha.
• Click on submit.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Tata Technologies IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE$4.
• On the website, click on 'Equity' and then select ‘Tata Technologies’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of shares allotted to you.

You can click$4 and log in to check your allotment status on NSE.

Tata Technologies IPO listing date

The shares of Tata Technologies will be listed on the stock exchanges on November 30.

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