Tata Technologies Plans Over $300 Million India IPO

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.