<ul><li>Tata Technologies had a stellar debut on November 30, listing at a 140% premium to its IPO price of Rs 500 per share.</li><li>The stock opened at Rs 1,200 on the NSE and Rs 1,199.95 on the BSE. The IPO witnessed robust demand, with over 73.38 lakh applications and a subscription of 69.43 times.</li><li>The QIB category was oversubscribed a record 203.41 times. Despite concerns about revenue concentration from the top five clients, including Jaguar Land Rover, Tata Technologies CEO Warren Harris assured a decrease in Tata Motors and JLR's contribution in the medium to long term.</li><li>The IPO, entirely an offer-for-sale, was priced fairly with a P/E ratio of 18.2x.</li></ul>

Tata Tech doubles investors' wealth, lists at 140% premium over IPO price

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