A legendary company comes into IPO scene!!
Even though there are many companies in the country.. Tata group has a uniqueness that no other company has. Although there are few indian companies in the country.. the name of this company is something unknown.. the reason for feeling that this is our company.. the values followed by that company are often heard. business organizations that run in the competitive world.. leaving aside the matter of profits.. the word comes from the mouths of many people that this company takes precautions in every case so as not to betray the trust that the people of the country have placed on it for decades.
There are reports that such a company related to Tata Group will come for a public issue. The latest news is that Tata Technologies, a subsidiary of Tata Motors, is likely to go public. This topic, which has become interesting in the corporate world, is now raising new hopes for investors in the stock market. There is no reason for this. In the recent past, many companies that have come for IPOs are in a row and getting hurt.. The opinion is expressed that Tata's latest IPO will be different.
The people of the country had so much hope and invested heavily in the lic IPO that all those who have been allotted are in trouble. In fact.. IPO also means telenovela.. lic knew about it in the background of IPO and invested huge amount of money. The result is known to all.
After that some more IPO's came.. their results are not promising.. Now IPO's are in trouble. In this case, the information came out that a subsidiary of Tata company is going for IPO after a long gap.
Although there is no official confirmation regarding this from the Tata group, there is an interesting discussion about this in the corporate world. It is said that the IPO from Tata has another specialty. It is said that this will be the company coming to IPO from Tata Group after tcs came to public issue in 2004.
It is said that the Tata subsidiary has started work to come to the IPO after about eighteen years. Citigroup has been hired to look after the affairs of this IPO. Not only that.. Tata Sky, another subsidiary of the Tata group, is also said to be preparing plans for an IPO. After all, the series of IPOs coming from the Tata groups... will give more impetus to the market.