Tata Technologies IPO Subscription Status
Tata Technologies IPO was subscribed 69.43 times when bidding closed on 24 Nov 2023: QIB 203.41x, NII 62.11x, Retail 16.5x.
The Tata Technologies IPO has been subscribed 69.43x times overall. Retail investors have shown interest with bids for 16.5x the shares available. The Non-Institutional Investor (NII) category has been subscribed 62.11x. Within NII, Big HNI (B-HNI) subscribed 70.67x and Small HNI (S-HNI) subscribed 44.98x. Qualified Institutional Buyers (QIBs) have subscribed 203.41x. Data last updated on 10 Nov, 06:18 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 22 Nov, 2023 and closes on 24 Nov, 2023. The shares are expected to list on stock exchanges on 30 Nov, 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 203.41x |
| NII | - of - - | 62.11x |
bHNI — bid amount above ₹10 Lakh |
- - | 70.67 |
sHNI — bid amount ₹2–10 Lakh |
- - | 44.98 |
| Retail | - of - - | 16.5x |
| Shareholder | - of - - | 29.2x |
| Employee | - of - - | 3.7x |
| TOTAL | - - | 69.43x |
Tata Technologies IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 6.1% for a single lot.
Market Sentiment
Strong grey market premium of 80% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 203.41x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
24 Nov 2023
Day 3 |
69.43x | ▼ | |
|
QIB203.41x
BHNI70.67x
SHNI44.98x
Retail16.5x
Shareholder29.2x
Employee3.7x
|
|||
|
23 Nov 2023
Day 2 |
14.86x | ▼ | |
|
QIB8.55x
BHNI32.74x
SHNI27.64x
Retail11.2x
Employee2.36x
|
|||
|
22 Nov 2023
Day 1 |
6.55x | ▼ | |
|
QIB4.08x
BHNI12x
SHNI11.07x
Retail5.44x
Employee1.11x
|
|||
Tata Technologies IPO dates
From the bidding window to listing. Today is 11 November.
- Open 22 Nov 2023
- Close 24 Nov 2023
- Allotment 28 Nov 2023
- Refund/credit 29 Nov 2023
- Listing 30 Nov 2023
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Tata Technologies IPO?
As of IPO close date (24 Nov, 2023), the Tata Technologies IPO is subscribed 69.43x times. Retail category is 16.5x, and NII is 62.11x subscribed.
When is the allotment date for Tata Technologies IPO?
The allotment for Tata Technologies IPO is expected to be finalized on 28 November, 2023.
What is the GMP of Tata Technologies?
The Grey Market Premium (GMP) for Tata Technologies is currently ₹400, indicating a potential listing gain of 80%.
When will Tata Technologies IPO list on the stock market?
Tata Technologies is scheduled to list on BSE and NSE on 30 November, 2023.
What are the chances of getting allotment in Tata Technologies IPO?
The retail category is oversubscribed at 16.5x, meaning allotment is by lottery. Statistically, approximately 1 in 17 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 203.41x mean for Tata Technologies IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 203.41x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Tata Technologies IPO allotment status?
After the allotment date (28 Nov, 2023), you can check your Tata Technologies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Tata Technologies IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
