Price Band, Other Details Announced for Tata Tech IPO

The price range for Tata Technologies’ eagerly expected initial public offering (IPO) is set at Rs 475–500 per equity share.

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The public can subscribe to this issue starting on November 22 and it will end on November 24.

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6.08 crore equity shares are currently being issued, down from 9.57 crore shares previously.

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The business submitted its initial public offering (IPO) documents to Sebi in March of this year

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Tata Technologies has set aside 10% of the offer for qualifying shareholders of Tata Motors.

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When TPG Climate acquired around 9% of Tata Tech, the firm was last valued at about $2 billion (Rs 16,300 crore).

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