Tata Technologies is a leading global engineering services company offering product development and digital solutions.
The maiden public issue will open for public subscription from Nov 22 Nov to Nov 24. The anchor book of the offer will be opened for a day on Nov 21.
Tata Technologies has fixed the price band for the IPO at ₹475-500 per equity share.
The issue will fetch Rs 2,890 crore and Rs 3,042 crore at the lower and upper end of the price band respectively.
The IPO of Tata Technologies is entirely an Offer For Sale (OFS) of 6.08 crore equity shares by promoters.
Investors can bid for a minimum of 30 equity shares and in multiples thereof.
This will be the first company from the Tata Group to float an initial share sale in nearly 2 decades. TCS was the last IPO from the group in 2004.