What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Tata Technologies Limited IPO?

Based on the upper price band of ₹500 and current GMP of ₹30, the estimated listing price is ₹530 (approx. 6.0% gain).

What is the expected profit per lot for Tata Technologies Limited IPO?

With a lot size of 30 shares and current GMP of ₹30, expected profit per retail application lot is approximately ₹900.

IPO GreyPremiumLIVE

Grey Market Intelligence

Tata Technologies Limited

ListedMainboard

Industrial & Financial Services · NSE / BSE

Incorporated in 1994, Tata Technologies Limited is a global engineering services company that provides product development and digital solutions to leading OEMs and tier-1 suppliers. The company focuses on helping customers build safer, cleaner, and more efficient products that improve the end-user experience. Although they are strongly rooted in the automotive industry, their expertise also extends to sectors like aerospace, transportation, and heavy machinery. Tata Technologies operates across multiple countries, bringing skilled teams together from around the world to collaborate in real-time and solve complex engineering challenges for global clients.

Price Band

₹475 – ₹500

Issue Size

₹3043 Cr

Lot Size

30 shares

GMP

₹30

+6.0%

Est. Listing

₹530

at current GMP

Subscribed

69.43x

overall

Open

22 Nov 2023

24 Nov 2023

Allotment

29 Nov 2023

Refund

30 Nov 2023

Demat Credit

1 Dec 2023

Listing

30 Nov 2023

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Tata Technologies Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹30+6.0%

Issue Price (Upper)

₹500

Band: ₹475 – ₹500

Estimated Listing Price

₹530

Upper price + GMP

Lot Size

30 shares

Min investment ₹15,000

Estimated Profit / Lot

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹30	6.0%	₹530
30 Oct 2026	+₹30	6.0%	₹530
29 Oct 2026	+₹27	5.4%	₹527

About Tata Technologies Limited Public Issue & Market Profile

Tata Technologies Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹3,042.51 Crores. The shares are offered at a price band of ₹475 to ₹500 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 30 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-01, while un-allotted funds or UPI block mandates will be released on 2023-11-30.

Frequently Asked Questions

What is Tata Technologies Limited IPO GMP today?

The latest grey market premium for Tata Technologies Limited IPO is ₹30, which indicates an expected listing price of ₹530.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.