Published 11/30/2023 3:47:16 a.m.

India's Tata Technologies soars 180% in debut trade, valued at nearly $7 billion

Summary by Ground News

Tata Technologies is the first Tata Group company to go public in nearly two decades. The company provides engineering and technology services to auto, aero and heavy machinery makers. Investors oversubscribed the IPO by 69.43 times, the most among a string of IPOs last week.

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News18 India

Tata Technologies Valued At Nearly $7 Billion After 180% Surge In Debut Trade

Tata Technologies jumped as much as 180% in its trading debut on Thursday

11/30/2023 7:25:41 a.m.·India

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Channel News Asia

India's Tata Technologies soars 180% in debut trade, valued at nearly $7 billion

BENGALURU :India's Tata Technologies jumped as much as 180 per cent in its trading debut on Thursday, valuing the first Tata Group company to go public in nearly two decades at 567.94 billion rupees ($6.8 billion).The company, which provides engineering and technology services to auto, aero and heavy machiner

11/30/2023 4:24:24 a.m.·Singapore

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Financial Post

Tata Technologies to Boost Hot India IPO Market on Trading Debut

(Bloomberg) — India’s busy market for initial public offerings is set to get a boost as shares of Tata Technologies Ltd., the first company from the salt-to-software conglomerate to list since 2004, begin trading in Mumbai Thursday.

11/30/2023 1:29:19 a.m.·Canada

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Bloomberg

Tata Technologies Surges 180%, Poised to Be Best India IPO Debut

Tata Technologies Ltd. almost tripled in its trading debut, with the surge putting the company on track to deliver the best listing gains for any Indian initial public offering of its size.

11/30/2023 2:17:10 a.m.·United States

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The Print

India's Tata Technologies soars 140% in pre-open debut trade

BENGALURU (Reuters) - Shares of India's Tata Technologies surged 140% in their trading debut on Thursday, valuing the company at 486.80 billion rupees ($5.84 billion). The stock debuted at 1,200

11/30/2023 4:45:23 a.m.·New Delhi, India

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Clayton County Register

Tata Technologies IPO: A Promising Debut

Tata Technologies, a leading engineering research and development company, is set to make its debut on the stock exchange today through its highly anticipated Initial Public Offering (IPO). With expectations running high, industry experts predict a bumper listing for the company. The grey market pricing (GMP) suggests that Tata Technologies is trading at a premium of Rs 406, indicating a potential listing gain of 80% or more. This makes it the t…

11/30/2023 3:47:16 a.m.·Elkader, United States

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