Tata Sons’ potential IPO has returned to the market spotlight after the Reserve Bank of India rejected the company’s request to voluntarily surrender its Certificate of Registration. The development could keep the question of a future public listing relevant for the Tata group.
Market estimates place a potential Tata Sons valuation in the range of Rs.9 lakh crore to Rs.12.5 lakh crore. Any future IPO could therefore become one of India’s largest public offerings and could also influence investor sentiment towards listed Tata group companies.
