Home > IPO
Tata Motors on Saturday said its arm Tata Technologies has finalised the offer price, including the anchor investor offer price, at Rs 500 per equity share for its Initial Public Offering (IPO).
Currently 5 IPOs are open for subscription and investors are showing a good response in them
In recent years, mutual funds have suffered huge losses by investing in IPOs of new age startups. After all, what is the game behind investing in such IPOs?
In the last two years, 101 IPOs tried their luck in the market, and 19 of them are currently trading below their issue price.
Brokers are generally bullish on the company due to the fact that valuations seem reasonable and there are good growth prospects. Swastika Investmart, Anand Rathi, Reliance Securities and Nirmal Bang have given subscribe ratings.
Retail investors can invest maximum of Rs 3.9 lakh under shareholder and retail categories in Tata Technologies IPO!
Currently, 3 IPOs are open for subscription and investors are opening up their wallet for these companies.
Although the company has presence across the country but its major business is in South.
The IPO market has action all around as one company got listed and two companies are open for subscription.
The company works under contract development and manufacturing organization business model