Tata Technologies’ IPO, the Tata Group’s first in two decades, is witnessing substantial demand in the grey market, with shares commanding a 70% premium at Rs 850 compared to the upper price band of Rs 500. This indicates strong market enthusiasm and suggests a potential blockbuster listing. Despite concurrent IPOs from four other companies, including Gandhar Oil Refinery and Flair Writing, Tata Technologies stands out. Brokerages have given a favorable rating, citing the company’s established brand, diverse product portfolio, and strong financial performance. The IPO is set to open on November 22, 2023, anticipating robust investor interest.