The initial public offer of Tata Technologies, which provides engineering and product development digital services, was subscribed 14.85 times on the second day of subscription on Thursday.

This is the first company from the Tata Group to float an Initial Public Offer (IPO) in nearly two decades. Tata Consultancy Services was the last IPO from the group in the year 2004.

The Rs 3,042.5 crore initial share sale received bid for 66,87,31,680 shares against 4,50,29,207 shares on offer, as per NSE data.