Tata Group / Tata's glory is not over yet, IPO of this company will bring rain of money

Zoom News : Mar 06, 2024, 12:35 PM
Tata Group: The country's largest business house i.e. Tata Group is showing its strength in the market one after the other. Just a few months ago, when Tata Technology was listed in the stock market, its price was listed at a premium of 140 percent compared to the IPO rate. Recently, after the split of Tata Motors, its share has also crossed the level of Rs 1000. In such a situation, think what will happen to the market when the IPO of Tata Sons, the holding company of Tata Group, comes?

Experts believe that Tata Sons can get a valuation of Rs 8 lakh crore (about 96 billion dollars) even before the IPO. In this way, this will be the biggest IPO of any company in India till date.

Tata Sons' stake in every company

Tata Sons has stake in almost every company of Tata Group. Be it Tata Consultancy Services (TCS) or Tata Motors. Due to a rule of the Reserve Bank of India in September 2022, now Tata Sons has to launch its IPO and get listed in the stock market. The central bank has given the status of an 'upper layer' non-banking finance company to Tata Sons and has asked it to launch an IPO within 3 years. From this perspective, Tata Sons' IPO is likely to come in the next 1.5 years.

There will be rain of money in the market

Since Tata Sons is a holding company, the market valuation of many Tata Group companies in which it invests has already reached Rs 16 lakh crore. Similarly, Tata Sons has made significant investments in the semiconductor, scrap and EV battery industry for the future. In such a situation, its IPO and then the stock market has the potential to bring in money.

According to ET news, even if the company lists only 5 percent of its shares in the market, its IPO will be bigger than the Rs 21,000 crore IPO of the country's largest LIC.

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