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In anticipation of the issue launch, the company s shares are in high demand in the grey market. The stock is fetching a premium of about Rs 280 in the unlisted market. Tata Technologies was last valued at around Rs 16,300 crore ($2 billion). The issue size isn t disclosed yet, but based on the valuations, analysts believe the offering could be anywhere between Rs 3,800-4,000 crore.
TATA Technologies files addendum to DRHP financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Tata Technologies Limited files addendum to DRHP with SEBI equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.