Tata Group plans multiple IPOs for various subsidiaries within 2-3 years, aiming to unlock value, fuel growth, and provide exit options.
Tata Group, India's largest conglomerate, plans to launch several IPOs in the next 2-3 years, targeting companies like Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, Tata Electronics, Tata Housing, and Tata Batteries. The aim is to unlock value, fuel future growth, and provide exit options for investors. Tata Group intends to invest $120bn in emerging industries by 2027.
March 27, 2024
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