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IPO of Tata Tech subscribed 6.5X

New Delhi: The Initial Public Offer (IPO) of Tata Technologies, which provides engineering and product development digital services, was fully subscribed within minutes of opening for bidding on Wednesday and finally ended with 6.54 times subscription. This is the first...
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New Delhi: The Initial Public Offer (IPO) of Tata Technologies, which provides engineering and product development digital services, was fully subscribed within minutes of opening for bidding on Wednesday and finally ended with 6.54 times subscription. This is the first company from the Tata Group to float an initial public offer in nearly two decades. Tata Consultancy Services was the last IPO from the group in the year 2004.

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