Key Points
The Board in consultation with book-running lead managers JM Financial, Citigroup Global Markets and BofA Securities finalised allocation of 1.58 crore shares to anchor investors at Rs 500 apiece..
Some of the marquee funds which participated in the anchor round include Fidelity, HSBC, Goldman Sachs, JM Financial MF, Kotak MF, Axis MF, Motilal Oswal, Edelweiss MF, Mirae Asset among others.Representative image..
Tata Technologies on Tuesday raised about Rs 791 crore in the anchor round ahead of the issue opening on Wednesday..
In the issue, Tata Technologies has also reserved a 10% quota for Tata Motors' eligible shareholders.. Tata Technologies is a pure-play manufacturing focused engineering research and development (ER&D) company, primarily focused on the automotive industry...
Some of the key strengths of the company include differentiated capabilities in new age automotive trends like electric vehicles, deep expertise in the automotive industry, a global delivery model which enables intimate client engagement and scalability among others...
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