Five Tata Group arm likely to issue IPO in FY25
Long after TCS came out with its IPO, in 2004, the Tata group is now after 19 years contemplating to list for IPO and set to launch them in the current financial year.
![Five Tata Group arm likely to issue IPO in FY25](https://www.psuconnect.in/sdsdsd/Five_Tata_Group_arm_likely_to_issue_IPO_in_FY25.jpg)
The first one is Tata Autocomp Systems, which is a fully owned subsidiary of Tata group entities with direct holding by Tata Sons, where it owns around 21% while the remaining is held by Tata Industries Ltd. The next one is Tata Play, which has already received a green light from SEBI to proceed with the IPO. However, the timeline and details of the IPO remain uncertain, but still it is expected to happen this year.
Bigbasket is also a Tata group-owned company which is expected to launch an IPO in 24 to 36 months. Another major big IPO is soon going to be unveiled by Tata Sons, which was classified as an upper-layer NBFC by RBI last year. The firm has to go for share listing on or before September 2025. The IPO is expected to be the biggest in financial terms.
Read Also : R.K. Chaudhary, CMD, NHPC met Chowna Mein, Hon’ble Dy. CM, Arunachal PradeshLast, Tata Advanced Systems, founded in 2007, is a wholly-owned subsidiary of Tata Sons and is the strategic Aerospace and Defence arm of the Tata Group. It offers services in aerostructures and aero-engines, airborne platforms and systems, defence and security, and land mobility.
Read Also : State Coal Minister inaugurates new solar plant at CCL’s Piparwar AreaNews Must Read
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39
- HUDCO Issues Record Date For Dividend, Shares Rise 118% YTD
- NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar
- Solar Energy Corporation of India Ltd (SECI) attains Navratna Status
- Dr D K Sunil Takes Over as CMD (Additional Charge) of HAL
- DVC bags Champions Trophy for Corporate Sustainability at XLRI, Jamshedpur
- Minister Pralhad Joshi Visits IREDA Office, Reviews Company’s Strategic Growth Plan
- HAL Selects SAFHAL Helicopter Engines to Develop and Produce ‘Aravalli’ Engines