Tata Technologies’ initial public offering (IPO) was fully subscribed within minutes of its opening, marking the first IPO from the Tata Group in almost two decades. Investors oversubscribed the IPO by 2.89 times, with Indian IPOs reaching new benchmarks this year. The grey market indicates a potential listing gain of approximately 70%. The IPO, priced between Rs 475-500 per share, is set to close on November 24. The equity shares of Tata Technologies are expected to be listed on both the BSE and NSE.
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