The Tata Technologies IPO GMP Today (Grey market premium) is skyrockting with today’s GMP at ₹355 which is +71% higher than its IPO price
Tata Technologies IPO (Initial public offering) bidding stats on 22nd November Wednesday and will close on 24th November 2023.
The IPO price band is set ₹475 – ₹500 apiece with a lot size of 30 Shares. The minimum Investment required is ₹475 x 30 = ₹14,250. The maximum investment for regular investor is upto ₹2 Lakh. The Issue size of Tata Technologies IPO ₹3042.5 Crore
Tata Technologies Listings, Shares credit Date:
The listing date for Tata Technologies is expected to be on 5th of December, Tata Tech will be listed on both NSE and BSE. The Tata Technologies shares are expected to be credited on the 4th of December in the Demat Accounts.
Tata Technologies Allotment Date :
The allotment date for Tata Technologies is expected to be on 30 November 2023 which is around 5 days before listing
Tata Technologies Refund Date :
The refund date for Tata Technologies is said to be on 1st December, the listing date is on 5th of December 2023
Tata Technologies IPO GMP Today :
The Tata Technologies IPO GMP today is ₹355 while the GMP of Tata Technologies yesterday was ₹300, The GMP surged by +17% since yesterday.
With the Current Grey Market Premium (GMP) of ₹355 the speculative listing price for Tata Techonologies could be around ₹855 which is +71% higher than the Issue price. The TATA hype among investor is real as TATA is coming with an IPO after almost two decades.
Below is the GMP Table of Tata Technologies IPO –
| Date | GMP |
| November 19 | ₹355 |
| November 18 | ₹355 |
| November 17 | ₹300 |
| November 16 | ₹370 |
| November 15 | ₹300 |
| November 14 | ₹285 |
What is Grey Market Premium (GMP) :
The IPO that are purchased and sold in an unregulated market are known as grey market. The shares can be sold for a premium or a discount which depends on the Demand and Supply of the particular stock and what the market participants and Sentiment. The Grey market usually starts 4-5 days prior of the Stock IPO. Higher the Grey market premium higher the listing price.
If the issue price of a stock ₹500 and the Grey market premium is ₹355 the expected listing price can be ₹855 (IPO Price + GMP ). The grey market premium can help us to give an idea about the possible listing price however the actual listing price is determind by the demand and supply and market participants at the day of listing.
More about TATA Technologies :
Tata Technologies offers digital solution to Global OEMS (Original Equipment Manufacturer ). Tata is a well recognized brand and has experienced management & promotors which makes it an attractive IPO for Investors. Tata Technologies has a team of professional who solve various Engineering problems for their clients. Tata has deep roots in Automobiles which gives them advantage over other competitors.
TATA Technologies IPO details :
What is Tata Technologies IPO GMP Today ?
The Tata Technologies IPO GMP Today is ₹355
What is Tata Technologies Listing Price ?
The Tata Technologies Listing price is expected to be around ₹855
What is Tata Technologies IPO Date (Closing) ?
The Tata Technologies IPO Closing Date is 24th November 2023
What is Tata Technologies IPO Date (Opening) ?
The Tata Technologies IPO Opens on 22nd November, Wednesday
What was the Tata Technologies IPO GMP Yesterday?
The Tata Technologies IPO GMP Today is ₹300
What was the Tata Technologies Refund Date?
The refund date for Tata Technologies is said to be on 1st December
What is the Allotment Date for Tata Technologies IPO ?
The Allotment date for Tata Technologies IPO is expected 30 November 2023
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