Know the latest information about Tata Technologies IPO which came to light from SEBI.
Tata Technologies, another company of Tata Group, is going to be listed in the stock market.
Under this IPO, Tata Technology company can issue up to 9 crore 57 lakh 8 thousand 984 shares.
Up to 81133706 shares can be issued under the offer for sale by the company's promoter Tata Motors Limited.
Up to 9716853 shares can be issued by Alpha TC Holding and up to 4858425 shares can be issued by Tata Capital Growth Fund.
For Tata Motors shareholders: Bid for shares up to a maximum of Rs 2 lakh in the reserve category.
• There will be a minimum reserve of 35% for retail investors. • Minimum 15 percent reserve for non-institutional investors
• Tata Motors: 20 percent • Alpha TC Holding 2.40 percent • 1.20 percent from the capital growth side.
Let us tell you that after almost two decades, the much-awaited IPO of a Tata Group company is coming.
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