Tata Technologies IPO
If you’ve heard whispers about the Tata Technologies Initial Public Offering (IPO), you’re in for a treat. This article is your go-to guide, breaking down the essential details in a way even an 8th grader can understand.
Mark Your Calendar: IPO Dates
The doors to investing in Tata Technologies swing open on Wednesday, November 22, 2023. Exciting, right? But don’t dilly-dally; they close on Friday, November 24, 2023. If you want a piece of the tech pie, these are the days to remember.
What’s the Big Deal? Tata Motors’ Q2 Net Profit
Before we dive into the IPO nitty-gritty, let’s take a detour to Tata Motors. In the second quarter, they reported a whopping ₹3,783 crore in consolidated net profit. That’s like hitting a home run in the business world.
Unlocking Tata Technologies IPO Details
Tata Technologies IPO Dates and Digits
- IPO Date: November 22, 2023, to November 24, 2023
- Listing Date: Keep your eyes peeled for this one!
- Face Value: ₹2 per share
- Price Range: Watch out for the magic numbers between [.] to [.] per share
- Lot Size: Stay tuned for this crucial info
- Total Issue Size: A whopping 60,850,278 shares up for grabs
- Offer for Sale: 60,850,278 shares, each at ₹2
- Issue Type: It’s a Book Built Issue IPO
- Listing At: BSE and NSE – the big leagues!
Important Dates
- Basis of Allotment: Thursday, November 30, 2023
- Refund Kick-off: Friday, December 1, 2023
- Shares in Demat: Monday, December 4, 2023
- Big Reveal – Listing Date: Tuesday, December 5, 2023
- Cut-off Time for UPI Confirmation: 5 PM on November 24, 2023
Now, let’s take a stroll down memory lane. Tata, a name synonymous with reliability and innovation, has left an indelible mark in the share market. From Tata Motors to Tata Consultancy Services (TCS), their journey has been a saga of success. The upcoming IPO of Tata Technologies adds another thrilling chapter to this legacy.
In a Nutshell: Why Should You Care?
Imagine being part of a company that doesn’t just ride the tech wave but creates it. Tata Technologies, with its IPO, invites you to be more than a spectator; it welcomes you to be a shareholder in the future of technology.
In conclusion, mark those dates, understand the digits, and consider the history – the Tata Technologies IPO isn’t just an event; it’s an opportunity. Whether you’re an investment whiz or an 8th grader with a curious mind, this IPO is a chance to be part of something big. Get ready to witness the future unfold on Tuesday, December 5, 2023.
