Tata Technologies IPO
IT Services / Automotive Engineering ER&D - Listed on 30 November 2023
Tata Technologies IPO listing summary
Tata Technologies (IT Services / Automotive Engineering ER&D) closed its IPO window in 2023 and listed on NSE and BSE on 30 November 2023 at an upper band issue price of Rs 500, opening at Rs 1200 for a listing gain of +140.0% and closing day one at Rs 1313 (+162.6% on closing basis). The IPO was subscribed 69.41x overall - QIB 203.41x, HNI/NII 62.10x, Retail 16.47x. The total issue size was Rs 3,042.51 Cr (Fresh Issue Rs 0 Cr, OFS Rs 3042.51 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Tata Technologies IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 350 | +70.00% |
| Day 2 | Rs 355 | +71.00% |
| Day 3 | Rs 330 | +66.00% |
| Day 4 | Rs 360 | +72.00% |
| Day 5 | Rs 390 | +78.00% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Tata Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Tata Technologies IPO - FAQs
What was the listing gain of Tata Technologies IPO?
Tata Technologies IPO listed at +140.0% versus the upper issue price of Rs 500 on 30 November 2023.
How many times was Tata Technologies IPO subscribed?
Tata Technologies IPO was subscribed 69.41x overall. QIB portion was subscribed 203.41x, HNI / NII 62.10x and Retail 16.47x.
What was the IPO GMP for Tata Technologies?
IPO GMP started at Rs 350 on Day 1 and moved to Rs 390 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.