Tata Group IPO: Ratan Tata is giving bumper earning opportunity, Tata Group’s IPO coming after 19 years
[ad_1]
However, Tata Group has not yet fixed any date for this IPO. The company says that it is waiting for the right opportunity. This will be the first IPO of the Tata group under the tenure of N Chandrasekaran, the current chairman of Tata Sons. Tata Technologies is one of the world’s leading companies in the digital, engineering and technology services sector. Tata Motors holds 74.42 per cent stake in it. Similarly, 8.96 per cent stake is held by Alpha TC and 4.48 per cent by Tata Capital Growth Fund.
IPO came 19 years ago
Earlier, the IPO of any Tata Group company came 19 years ago. Tata Group brought the IPO of Tata Consultancy Services (TCS) in the year 2004. TCS is the second most valuable company in the country today. Mukesh Ambani’s Reliance Industries, the second largest tycoon in India and Asia, has a market cap of Rs 1,671,800.07 crore while TCS is second with Rs 1,233,082.02 crore.
[ad_2]
Source link
