HomeNewsBusinessStocksTata Tech doubles investors' wealth, lists at 140% premium over IPO price

Tata Tech doubles investors' wealth, lists at 140% premium over IPO price

While demand was robust and the Tata name instilled trust among investors, there were concerns too - the major one being revenue concentration from top five clients

Moneycontrol News

November 30, 2023 / 10:00 IST

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The issue was entirely an offer-for-sale (OFS) of 6.08 crore shares by the promoter Tata Motors, and investors Alpha TC Holdings and Tata Capital Growth Fund 1. The price band of the Rs 3,042.52 crore issue was fixed at Rs 475-500 per share.

Moneycontrol News

first published: Nov 30, 2023 10:00 am

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Tata Tech doubles investors' wealth, lists at 140% premium over IPO price

While demand was robust and the Tata name instilled trust among investors, there were concerns too - the major one being revenue concentration from top five clients

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