By : Sachin Gupta
Tata Tech IPO, which closes on November 24, is the first from Tata Group since TCSis commanding a premium of nearly 80% over the IPO price in an unlisted market. The stock is trading at a premium of Rs 380, compared to the issue price of Rs 500.
Tata Technologies IPO is a major force in the worldwide engineering services market. Tata Technologies provides services to global original equipment manufacturers (OEMs) and their Tier 1 suppliers with an emphasis on product development and digital solutions.
With a price band of 500.00, the estimated listing price for the Tata Technologies IPO is ₹880 (cap price + today's GMP). The expected percentage gain or loss per share is 77.60%.
TCS is an IT services, consulting and business solutions organization
₹ 3454
CMP
Market Cap
2770.44%
Returns since inception
₹ 12,64,901 Cr
Tata Motors Group is a leading global automobile manufacturer.
₹ 673.50
CMP
Market Cap
2022.60%
Returns since inception
₹ 2,47,078 Cr
Tata Steel has presence across the entire value chain of steel manufacturing from mining and processing iron ore and coal to producing and distributing finished products
₹ 126.05
CMP
Market Cap
1713.67%
Returns since inception
₹ 1,53,869 Cr