Tata Group Upcoming IPO 2023

Tata Group Upcoming IPO 2023: It is a great opportunity for Indian stock market investors to earn big money by investing in Tata Technologies IPO. Tata Group, one of the country’s largest industrial houses, is bringing IPO after 19 years. Let’s know the complete details including the date, price, issue size, and listing date of Tata Technologies IPO.

 

Tata Group Upcoming IPO 2023:

There’s positive news for investors in the Indian market for stocks. Tata Group, one of the largest industrial companies in India is planning to launch an IPO after 19 years. Tata Group has started working to prepare for the IPO. According to reports, the company is in talks with two advisory firms.

In addition, the process of selecting an additional advisor is moving ahead. This is one of the initial IPO by the Tata group during the tenure of N Chandrasekaran, the current chairman of Tata Sons. Let us know the complete details of Tata Group Upcoming IPO 2023 with analysis.

 

Tata Technologies IPO Details:

Tata Technologies is one of the leading companies worldwide in the engineering, digital, and technology service sector. Tata Motors holds a 74.42 percent stake in the. In the same way, an 8.96 percent stake is owned by Alpha TC and 4.48 percent is held by Tata Capital Growth Fund.

Tata Technologies, a subsidiary of Tata Motors, can raise between Rs. 3,500 and 4,000 crores via this IPO. The value of the company in this case could vary from Rs 16,200 up to the amount of Rs 20000 crore.

 

Date, Price, and Size Of Tata Technologies IPO:

In the last month, Tata Motors’ board Tata Motors has approved a plan to buy stakes within Tata Tech through an IPO. The non-listed share of this company has been steadily increasing.

The company Tata Group has not yet set a timeframe for the IPO. The company claims that it is waiting for the right moment.

 

Complete information of Tata Technologies Limited

Tata Technologies Limited is a subsidiary of the Tata Group that provides services in design and engineering and product lifecycle management. It also provides production, and development of products, as well as IT services management to automobile and aerospace OEM manufacturers as well as their partners.

Tata Technologies Limited is an affiliate that is part of Tata Motors. The company operates across North America, Europe, the Middle East, and the Asia Pacific region.

  • Founded in: 1989
  • Headquarters: Pune
  • Regional headquarters: United States (Detroit, Michigan), ThaneOne Corporate Business IT Park, Thane, and the UK (Warwick).
  • The company operates in 25 countries
  • Workforce: more than 11,000 employees
  • Fortune India Infotech Industry ranking: 15th Largest IT company

 

When was the last IPO of Tata Group?

Prior to that, the IPO for a Tata Group company came 19 years ago. Tata Group brought the IPO of Tata Consultancy Services (TCS) in 2004. TCS is the second-highest valued company in the country at present.

 

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