Tata Passenger Electric Mobility Limited IPO Details & Live GMP
Electric Vehicles (EV) Sector · Total Issue Size: ₹7,500 Cr
Last heard: 02 Sep, 02:00 PM
Cap price (₹700) + current GMP
1 Lot (20 shares at cut-off)
Tata Passenger Electric Mobility Limited IPO Key Facts & Timeline
Tata Passenger Electric Mobility Limited IPO: Comprehensive Analysis & Investment Overview
1. Business Model & Operations
Tata Passenger Electric Mobility Limited is a Mainboard public offering in the Electric Vehicles (EV) sector, entering the primary capital markets with a total issue size of ₹7,500 Cr.
Tata Motors EV subsidiary commanding over 65% market share in the Indian passenger electric vehicle market.
2. Grey Market Premium (GMP) & Listing Gain Expectations
As per active unlisted primary market quotes, the Grey Market Premium (GMP) for Tata Passenger Electric Mobility Limited IPO is currently standing at ₹160. With the upper price band set at ₹700, the implied listing price discovery calculates to ₹860 per share, pointing to an estimated listing pop of +22.9%.
* Note: Grey market figures represent unorganized sentiment and are subject to market volatility. Real listing day gains depend on institutional QIB subscription numbers on Day 3.
3. Retail Application Strategy & Lot Size Math
Retail investors can bid for a minimum of 1 Lot (20 shares) worth ₹14,000. Under SEBI retail allocation guidelines, retail applicants are capped at a maximum bid value of ₹2,00,000 (translating to up to 14 lots).
Pro-Tip: In heavily oversubscribed public issues, allotment in the retail category is decided via a computerized lottery where every valid application is reduced to 1 lot. Applying for multiple lots from the same PAN does not increase allotment odds. To maximize statistical chances, apply 1 lot each from separate family demat accounts.
4. Critical Timeline: From Bid to Exchange Listing
- Public Bidding Closes: 8 November 2026 (5:00 PM cut-off for UPI mandate approval).
- Basis of Allotment: 10 November 2026 (Registrar publishes allotment status).
- Refunds / Unblock Funds: 10 November 2026.
- Demat Credit of Shares: 14 November 2026.
- Official Listing on BSE, NSE: 14 November 2026.
Frequently Asked Questions (FAQs)
What is the current GMP of Tata Passenger Electric Mobility Limited IPO?
The Grey Market Premium (GMP) of Tata Passenger Electric Mobility Limited IPO is currently quoted at ₹160 per share (+22.9% over cap price of ₹700). Estimated listing price is approximately ₹860.
What is the price band and minimum lot size for Tata Passenger Electric Mobility Limited IPO?
The price band for Tata Passenger Electric Mobility Limited IPO is fixed between ₹650 and ₹700 per equity share. The minimum application lot size is 20 shares, requiring a minimum retail capital outlay of ₹14,000.
When does Tata Passenger Electric Mobility Limited IPO open and close for public bidding?
Tata Passenger Electric Mobility Limited IPO bidding opens on 5 November 2026 and closes on 8 November 2026. Bids can be submitted between 10:00 AM and 5:00 PM IST via ASBA net banking or UPI mandate.
When will Tata Passenger Electric Mobility Limited IPO allotment status be finalized?
The basis of allotment for Tata Passenger Electric Mobility Limited IPO is scheduled to be finalized on 10 November 2026. Successful applicants will have shares credited to their demat account by 14 November 2026.