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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.
Source: indiatimes.com
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Tata stock rallies 5% after conglomerate plans flood of IPOs
Companies whose IPOs could be in the pipeline are Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, Tata Electronics, Tata Housing, and Tata Batteries. The cash via stake sale and the IPOs will help the conglomerate fund its ambitious growth plans in businesses like semiconductors, electric vehicles, batteries, renewable energy, and e-commerce.
Source: indiatimes.com
Tata Group looking to launch several IPOs to unlock value, fuel future growth?
The recent sale of a 0.65% stake in the group's flagship TCS to raise Rs 9,300 crore, the report claims, could be pointing to this pivot.
Source: businesstoday.in
Tata Group stock rallies 5% after falling for 11 sessions: What changed and what to expect
Tata Group stock price: This comes after it was reported that the conglomerate is planning several IPOs in the next 2-3 years.
Source: hindustantimes.com
Tata Group plans to launch several IPOs in 2-3 years: 'Not rushing into it', says report
Tata Groups is considering the listing of financial arm Tata Capital next year to comply with Reserve Bank of India (RBI) norms, the report claimed.
Source: hindustantimes.com