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Tata Technologies lists with 140% premium on the BSE

30 Nov 2023 Evaluate

Tata Technologies has debuted at Rs 1199.95 on the BSE, up by 699.95 points or 139.99% from its issue price of Rs 500.

The scrip is currently trading at Rs 1321.00, up by 821.00 points or 164.20% from its issue price. It has touched a high and low of Rs 1400.00 and Rs 1199.95 respectively. So far 17.28 lakh shares were traded on the counter.

The offering, which was open for subscription between November 22, 2023 and November 24, 2023 was subscribed 69.43 times. The issue price was fixed at Rs 500 per share i.e. at upper end of price band of Rs 475-500 apiece.

Tata Technologies is a leading global engineering services company offering product development and digital solutions, including turnkey solutions, to global original equipment manufacturers (OEMs).


Peers
Company Name CMP
TCS 2101.00
Infosys 1050.15
HCL Technologies 1238.00
Wipro 166.00
Tech Mahindra 1530.70
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