Tata Technologies announces IPO price range, plans to sell up to 60.9 million shares

  • Tata Group’s first IPO in nearly 20 years offers up to 60.9 million shares for sale.
  • Bidding opens for anchor investors on Nov. 21, and for retail investors from Nov. 22 to Nov. 24.
  • Tata Technologies is reportedly discussing investment opportunities with Morgan Stanley, Blackrock, and U.S. hedge funds at a $2.5 billion valuation.

[Via]

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