look news india
Recently, after two decades, the IPO of Tata Group came and that was Tata Technologies. Now Tata Group is preparing to launch more IPOs in the next two to three years. According to media reports, IPOs of Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, Tata Electronics, Tata Housing and Tata Batteries may be launched in the coming days. The group is looking to expand into new areas such as digital, retail, semiconductors and batteries for electric vehicles.
According to an Economic Times report, the strategic move by holding company Tata Sons is aimed at unlocking value, boosting future growth and providing export options for limited investors. An executive, speaking on condition of anonymity, said the decision to go public is always strategic and there are really no plans to rush into an IPO.
Let us tell you here that the last IPO of Tata Group is of Tata Technologies. Which was launched in November 2023. Earlier in 2004, the IPO of Tata Consultancy Services (TCS) had come. Let us tell you here that Tata Group is planning to invest $90 billion in new industries by 2027. These include mobile components, electric vehicles, batteries, renewable energy and e-commerce.