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BigBasket valuation may touch $4-5b as sales rise : Rashtra News #BigBasket #valuation #touch #45b #sales #rise Bengaluru: Even as Tata Digital seeks additional cash from holding company Tata Sons to fuel its ambitious growth plans, one of its biggest assets, egrocer BigBasket has seen a jump in its valuation following a secondary share sale
On an average, Tata stocks gave a mindblowing return of 85% during the financial year. Retail investors ignored institutional investors who have been valuing holding companies at a discount to the underlying value of their holdings.
Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, Tata Electronics, Tata Housing, and Tata Batterie may launch IPOs over the next three years, a report has said
Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, Tata Electronics, Tata Housing and Tata Batteries are among the list of companies being primed to tap the capital markets. The group has been aggressively looking to scale up in new-age sectors such as digital, retail, semiconductors and electric vehicle batteries, among others.
Tata group is gearing up to unveil several public issues in the next two to three years, after a hiatus marked by just one initial public offering (IPO) in the past two decades.