Tata Technologies’ Initial Public Offering (IPO) was released on February 12, 2021, and received an overwhelming response from investors. Tata Technologies is a global provider of engineering services and digital technologies, with its head office in Pune, India. The company has operations across multiple countries including the United States, the United Kingdom, China and Japan. In the IPO, 10.3 crore equity shares were offered at a price band of Rs 990 to Rs 1,000 per share.
Investors who have subscribed to the IPO can check their allotment status online by logging into their respective broker’s website or through the alotted registrar’s website i.e., Link Intime India Private Limited. After submitting the details.
Tata Technologies GMP
Tata Technologies, which entered the stock market last month with an issue price of Rs 500 per share, is witnessing impressive response from the market so far. Reports indicate that shares are currently trading at a premium of Rs 414 in the grey market compared to its original issue price. This implies that an investor who is allocated shares in the IPO will be able to gain a listing pop of 82% from his allottees.
It is significant to note that these Grey Market Premiums (GMP) are just indicative of how Tata Technolgies stocks are being viewed and may vary significantly even on a day-to-day basis. Therefore it would be prudent for any investor to treat this information with caution and do their own research before investing in the company’s stock. Moreover, it would be advisable not to depend solely on GMPs while taking any investment decision as these can change rapidly due to market conditions or other factors
How to check allotment status:
The process of checking allotment status for Tata Technologies Limited is easy. First, one needs to go to the Bombay Stock Exchange (BSE) website or the Link Intime India portal, the IPO registrar. After selecting ‘equity’ and ‘issue name’ (Tata Technologies Limited) in the respective dropdown menus, enter your application number or PAN number in the search box. Make sure to also check the “I am not a robot” box before clicking on the search button. On the IPO registrar’s portal, click on ‘Tata Technologies Limited – IPO’ from their selection of limited IPOs available. From there you will be guided to enter your details and it will reveal your share allotment status quickly and accurately.
It can help to maintain records of all your investment information in an organized way such as noting down application numbers and dates. This ensures that you have easy access to reference these again when needed as well as avoids any potential confusion when looking at several different forms and documents while attempting to track certain particulars like this allotment status. With this simple procedure, you easily save time and effort that would otherwise have been wasted had you tried conducting a manual search through physical documents or got help from
LIVE | Tata Technologies IPO Allotment Status Check Online On BSE, Link Intime; Details To Check Share Finalisation Using PAN; Gandhar Oil, Flair And Fedbank Too Expected To Allot Shares
The Tata Technologies IPO share allotment status can be easily tracked online with just some basic information. All you need to do is provide your PAN details or application number on the Bombay Stock Exchange (BSE) website or Link Intime, the registrar of the issue. The share finalisation announcement from Tata Group is expected to be released anytime soon. Along with this, other primary market IPOs such as those of Gandhar Oil, Flair and Fedbank are also expected to credit equity shares to successful bidders’ Demat accounts any time today. As per recent reports, these listed shares will hit the exchanges from November 30th onwards.
Individual investors have taken part in high numbers during this entire IPO process which was open for subscription from November 17-19th and has been oversubscribed by almost 13 times until last week’s closing. It would be interesting to note how these stocks behave post their listing date and whether these reach anywhere near their higher end of price band at Rs 850 per share as predicted by many sources. Investors should stay alert and check out various updates before investing in any of these stocks for long term profits.