Tata Technologies Share Price Updates LIVE: The anticipated announcement for the basis of the allotment of IPO shares by Tata Technologies, a subsidiary of Tata Motors, is now live.
Tata Technologies, a subsidiary of Tata Motors (TML), had a notable market debut on Thursday, November 30, opening at a 140% premium to the issue price of Rs 500. The stock commenced trading at Rs 1,200 on the NSE and Rs 1,199.95 on the BSE.
During the three-day stake sale of Tata Technologies, which marks the first IPO from the Tata Group in two decades, the subscription rate reached an impressive 69.43 times. The total bids amounted to ?1.56 lakh crore, surpassing the issue size of ?2,200 crore (excluding the anchor portion).
Now, it's time for the allotment of Tata Technologies' shares. You can check the allotment status below:
Tata Technologies IPO Allotment Status: Here's How To Check The Allotment Status
To check the allotment status of Tata Technologies Limited shares, you can follow these steps on the BSE website or the IPO registrar's portal (Link Intime India):
On the BSE website:
- Go to the BSE website.
- Select 'equity' and choose the 'issue name' (Tata Technologies Limited) from the dropdown menu.
- Enter your 'application number' or 'PAN number'.
- Check the box indicating 'I am not a robot'.
- Click on the 'search' button.
On the IPO registrar portal (Link Intime India):
- Visit the IPO registrar's portal.
- Click on 'Tata Technologies Limited - IPO' in the dropdown menu.
- Select and enter your 'PAN number', 'application number', or 'DP Client ID'.
- Click on the 'search' button.
Nov 30 2023 12:51:10 (IST)
Tata Tech IPO Hold, Sell or Buy
Analysts are advising investors to adopt a long-term perspective and suggest that those who were not allotted shares should consider accumulating on price dips. The stock's impressive listing, surpassing initial expectations, is seen as a testament to the strong reputation of the Tata brand. This success follows substantial demand during the subscription phase.
Nov 30 2023 12:32:21 (IST)
Tata Tech lists at 140% premium
The Tata IPO stock listed at Rs 1,200 on the BSE, more than doubling investors' money. This was a premium of 140 per cent over the issue price of Rs 500.
Nov 29 2023 20:31:10 (IST)
Tata Technologies IPO Allotment Finalised: When Will You Get The Shares In Your Demat Account?
Shares to the allotted demat accounts will credited by 30th November. Once you have the shares in your account you can start trading them on the listing date.
Nov 29 2023 20:29:38 (IST)
Tata Technologies IPO Allotment Finalised: Shares to be transferred in demat accounts soon.
Tata Technologies will soon transfer the shares to the investors who have been allotted the shares in the IPO Subscription.
Nov 29 2023 15:28:28 (IST)
Tata Technologies IPO subscription Status
Qualified institutional bidders dominated the Tata Technologies IPO subscription, leading with an impressive oversubscription of 203.41 times. Non-institutional investors followed at 62.11 times, and retail investors showed substantial interest at 16.5 times.
Nov 29 2023 12:16:21 (IST)
Tata Technologies IPO Listing Date
The initial public offering (IPO) of Tata Technologies Ltd is scheduled to be listed on November 30, 2023, which is today.
Nov 29 2023 09:45:00 (IST)
Tata Technologies Share IPO Timeline: Listing of shares allotted on 30th November 2023
The shares of Tata Technologies will officially debut on the Indian stock market on 30th November 2023 and will be available for the general public to trade. The investors who were not allotted any shares can also participate.
Nov 29 2023 09:20:00 (IST)
Tata Technologies Share IPO Timeline: Demat transfer of shares allotted to complete by 29th November 2023
Investors who are allotted the shares of Tata Technologies can expect the shares to be credited to their demat accounts by 29th November 2023.
Nov 29 2023 08:49:03 (IST)
Tata Technologies Share Allotment Declared: Allotment of Tata Tech shares now live
Investors can follow the above process to check the allotment status. Do note that the applications made on NSE India will not be visible on BSE India website. To check the status for the applications made on NSE India, kindly check the status through Link Intime website.
Nov 29 2023 08:40:00 (IST)
Tata Technologies Share IPO Timeline: Refund initiation of shares not allotted to complete by 29th November 2023
For the investors who had applied for the Tata Technologies IPO but were not allotted any lot, the refund process will take place from 29th to 30th November. Please note that the refund and unblocking of the amount may take up to 7 to 10 days working days in some cases.
Nov 29 2023 08:00:00 (IST)
Tata Technologies Share IPO Timeline: Allotment of shares to be finalised by 30th November 2023
The allotment process of Tata Technologies shares will conclude by 30th November 2023. Post 30th November, refund and demat transfer of shares will take place.
Nov 29 2023 07:30:00 (IST)
Tata Motors' share witnessed a notable surge
Tata Motors' share witnessed a notable surge of Rs 24.30, representing a 3.6% increase, and closed at Rs 698 ahead of the Tata Tech IPO allotment.
Nov 29 2023 01:40:24 (IST)
Tata Technologies Allotment Status: Shares that are kept for the employees
Tata Technologies has set aside 20.28 lakh shares for its employees and allocated 60.85 lakh shares for the shareholders of Tata Motors.
Nov 29 2023 01:20:47 (IST)
Tata Technologies Share Allotment Status: Tata Capital Growth Fund I is all set to sell 49 lakh shares of Tata Technologies
Tata Capital Growth Fund I intends to sell 49 lakh shares, amounting to Rs 243 crore.
Nov 29 2023 00:45:58 (IST)
Tata Technologies Allotment Status: Investors Alpha TC Holdings to sell 97.17 lakh shares worth Rs 486 crore
Existing shareholder Investor Alpha TC Holdings Pte Ltd is planning to sell 97.17 lakh shares, valued at Rs 486 crore. Tata Capital Growth Fund I intends to sell 49 lakh shares, amounting to Rs 243 crore.
Nov 28 2023 23:40:25 (IST)
Tata Technologies Share Allotment Status: Financial figures of Tata Technologies
The company's net assets stand at Rs 5,201.49 cr against the net liabilities of Rs 4,501.93 cr. Less debt against assets is an indication of solid finance. Tata Technologies also booked Rs 624.04 cr as profit after tax. The EPS (Earnings per Share) of the company is at 15.38.
Nov 28 2023 23:15:00 (IST)
Tata Technologies IPO Allotment Status: Tata Technologies sees a 42.8% year-on-year growth
As Tata Technologies prepares for its debut on the stock market, the company has reported a robust 42.8% year-on-year growth in consolidated net profit, reaching Rs 624 crores for the fiscal year ending March 2023. Additionally, the company's revenue experienced a notable increase of 25.81% year-on-year.
Nov 28 2023 22:55:44 (IST)
Tata Technologies IPO Allotment Status: Tata Technologies all set to raise Rs 3,042.51
With the listing date coming soon, Tata Technologies is all set to raise a whopping amount of Rs 3,042.51 crores through this IPO at the upper price band.
Nov 28 2023 22:46:08 (IST)
Tata Technologies IPO Allotment Status: Top client of Tata Technologies in deep trouble
One of the top clients of Tata Technologies, Vinfast is in deep trouble. In the first half of FY24, roughly 57 percent of Tata Technologies' total revenue came from its five top clients. Vinfast is one of them. Vinfast's net loss widened by almost 34 percent to $623 million, raising concerns about its financial stability. Vinfast's future looks troubled and so much revenue dependency on fewer clients may turn out to be problematic for Tata Technologies.
Nov 28 2023 20:47:46 (IST)
Tata Tech IPO GMP
Tata Technologies IPO has experienced a significant increase in its price range, reaching Rs 410-412 in the unregulated market.
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