Tata Technologies, a subsidiary of Tata Motors, commenced its initial public offering (IPO) subscription on November 22. This marks a significant milestone as it's the first IPO from a Tata Group company in nearly twenty years since Tata Consultancy Services' public offering in 2004. This offer, which closes on November 24, has been set at Rs 475-500 per share. The Rs 3,042.51 crore public offer is entirely an offer-for-sale of 60.8 million shares, or 15% of the paid-up capital. Despite analysts' positive views of the company, the company's low compound annual...