Here is a list of the five Tata group IPOs that are anticipated to launch this year if you are interested in Tata group stocks and want to invest in their forthcoming IPOs.
Tata Autocomp Systems
The Tata Group started discussions earlier this year to list Tata Autocomp Systems (TACO), the company that manufactures vehicle components. The formal process is anticipated to start later this year. Tata Group companies own all of TACO, with Tata Sons holding a direct stake of about 21% and Tata Industries Ltd. holding the rest portion. TACO was established in 1995 and serves as the group’s vehicle for business endeavors involving automotive components.
Tata Play
This year, Tata Play (previously known as Tata Sky) is also scheduled to go public through an IPO. SEBI has already given it the all-clear to move forward with the IPO. Though the exact date and specifics of the IPO are yet unknown, this year is anticipated to see it materialize.
Bigbasket
The Tata group-owned company is anticipated to undertake an initial public offering in 24 to 36 months, according to Bigbasket’s Chief Financial Officer Vipul Parekh’s December 2022 announcement. This suggests that Bigbasket’s IPO can be anticipated in the second half of 2024 or early 2025.
Tata Advanced Systems
Tata Advanced Systems (TASL) is another intriguing Tata Group IPO scheduled for this year, according to the IPO Central report. Established in 2007, Tata Advanced Systems Limited is the strategic Aerospace and Defense division of the TATA Group, and it is a fully-owned subsidiary of Tata Sons. It provides services for land transportation, airborne platforms & systems, defense & security, and aerostructures & aero-engines.
Tata Sons
Tata Sons, the main firm of the Tata Group, is scheduled to undergo another massive initial public offering. Following the RBI’s classification of Tata Sons as a “upper-layer” NBFC (Non-Banking Financial Company) last year, the company must pursue a public listing by September 2025 at the latest. It is anticipated that Tata Sons’ IPO will rank among the largest in India, if not the largest.
Also read: Tata Group’s Rs 25,000-crore chip project under Government approval
