Tata Technologies sets IPO price band at Rs 475-500 per share

Mumbai, 16/11:Tata Technologies on Thursday set a price band of Rs 475 to Rs 500 per share for its initial public offering (IPO), according to a newspaper advertisement.

The IPO, which is a first from the Tata Group in nearly two decades, will have an offer for sale of up to 60.9 million shares from existing shareholders, including Tata Motors . The offering will open for bids for anchor investors on Nov. 21.