The Tata Group, boasting numerous prominent entities on Indian indices such as Tata Motors and TCS, is anticipated to introduce several additional IPOs within the next 2-3 years. This development arises as Tata Sons, its holding company, faces a looming deadline for its own IPO.
In 2023, Tata Sons, alongside other firms, was classified as an upper-layer NBFC by the Reserve Bank of India due to its critical significance. Consequently, the company must list itself on the market by 2025. Recent discussions have also revolved around potential restructuring within the company, according to Free Press Journal.
Meanwhile, the Tata Group appears poised to enter the market with new-age ventures. Potential listings on Dalal Street include Tata Capital, the conglomerate’s financial services arm, and Tata Passenger Electric Mobility, which will exclusively focus on electric vehicles, notably its flagship punch making waves in the market.
Additionally, the lineup features Tata Digital, Tata Electronics, Tata Batteries, and the renowned grocery and essential delivery service, Big Basket. This list underscores the conglomerate’s strategic shift towards new-age and technology-driven enterprises, banking on their growth potential in the era of technology and AI.
Presently, the group, encompassing products ranging from salt to steel, houses some of the most robust firms listed on the market, including TCS, Tata Motors, Tata Steel, and others. Notably, TCS, one of the biggest names among them, made its market debut in 2004, while the most recent listing occurred with Tata Technologies in 2023.
As of March 27 (12:22 IST), Tata Motors is trading at 990.65, up by 0.45 per cent, TCS at 3,867.60, down by 0.26 per cent, Tata Steel at 153.10, up by 0.46 per cent, Indian Hotels Company at 587.00, showing an increase of 3.17 per cent, and Tata Chemicals at 1,108.45, marking a gain of 1.97 per cent.
(Finance World and The Free Press Journal have published the article under a mutual content partnership arrangement.)
