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Published: August 15, 2024
Updated: August 15, 2024
Tata Capital is in talks with bankers to launch its IPO this financial year. The company has already merged its two subsidiaries with itself and has also merged Tata Motors Finance with itself. This will give a massive boost to Tata Capital’s balance sheet. The company already has assets under management of Rs 1.75 trillion.
The IPO will be launched with a valuation of at least Rs 1 trillion, say bankers.
The Tata group is currently in need of good stories as it has failed to show any success story after the flop show of Tata Neu, its super app.
September 30, 2024 - Second Issue
Industry Review
VOL XVI - 03
September 16-30, 2024
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