The Tata Premium? Tata Tech IPO 20% Costlier Than Stake Sale A Month Ago

The Tata Premium? Tata Tech IPO 20% Costlier Than Stake Sale A Month Ago

The of Tata Motors Ltd.’s engineering, research & development subsidiary—a first from the Tata stable in nearly two decades—is a pure offer for sale of 6.08 crore shares in a price band of Rs 475–500 apiece. The promoter and investors Alpha TC Holdings Pte. and Tata Capital Growth Fund I are offloading 11.41%, 2.40% and …

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