Tata Technologies Plans Over $300 Million India IPO

Nov. 15, 2023 10:11 pm ET

Indian conglomerate Tata Group’s technology company will start testing investors’ appetite for its shares in a bid to raise up to 30.43 billion Indian rupees ($366.1 million) through an initial public offering.

Tata Technologies plans to sell up to 60.85 million shares in a price range of INR475-INR500, according to a term sheet seen by The Wall Street Journal Thursday.

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