Tata Technologies IPO Allotment Expected Soon: Steps to Check Status


The share allotment for Tata Technologies’ IPO is expected on November 28.

The IPO of Tata Technologies Ltd saw a remarkable investor response with a subscription of 69.4 times. The IPO of a Tata Group company for nearly two decades was open for subscription from November 22 to 24.

Notably, the investor bought 312.65 crore shares against the offer size of 4.5 crore shares, reflecting significant demand. The total bids amounted to ₹1.56 lakh crore in shares in just three days, according to a Moneycontrol report.

The 3,042.51 crore IPO was open for subscription for three days at a price range of INR 475-500 per share. stock.

Since the subscription period has expired, the investor awaits the share allocation from Tata Technologies. The share allotment for the Tata Technologies IPO is expected on Tuesday, November 28.

The investor can check the share allotment status on the websites of BSE or the official registrar. Link Intime India has been appointed as the official registrar for the Tata Tech IPO.

Tata Technologies IPO: How to Check Allotment Status?

Once allotted, investor can check share allotment status using their application or PAN details.

Follow these steps to check the status on the BSE website:

1. Visit the BSE website at www.bseindia.com

2. Select ‘Equity’ and select the issue name from the drop-down menu.

3. Enter your application number and PAN card number.

4. Click the ‘Search’ button.

On the Link Intime website:

1. Visit the Link Intime website at www. linkintime.co.in/IPO/public-issues.html

2. Select Tata Technologies from the drop down list of company names.

3. Enter your PAN, Application Number, DP/Client ID or Account Number/IFSC.

4. Click on ‘Search’.

Please ensure that the information is entered correctly to view the status after allocation.

Tata Technologies IPO: Listing Date

Successful investor can expect the equity shares to be credited to their demat accounts by 29th November. The shares are likely to be listed on the stock exchanges on November 30, according to reports.

Tata Technologies IPO gets a good response in the unofficial gray market. The premium over the issue price of INR 500 per share has risen by about 10 percent up to 80 percent, as of November 27. Before the IPO opened for subscription, the quoted gray market premium was 70 percent.

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