Tata Group, a leader among India's major conglomerates, is setting the stage for an impressive public listing of its financial services arm. The forthcoming initial public offering (IPO) of Tata Capital Ltd. promises to be one of the year's standout events in India’s financial scene, with an expected valuation approaching $11 billion.
Tata Capital Ltd., a financial arm of the Tata Group, has announced its plans to launch one of the largest public offerings in India this year. This IPO will involve the sale of 230 million new shares, potentially strengthening the company's presence in the financial market.