India's Tata Technologies, a unit of Tata Motors, files for IPO
15 Articles
15 Articles
Tata Motors unit Tata Technologies files IPO papers with SEBI
"We wish to inform you that Tata Technologies, a subsidiary of Tata Motors Limited, has informed the company that it has today filed a draft red herring prospectus dated March 9, 2023 with the Securities and Exchange Board of India for an initial public offering," Tata Motors said.
Tata Technologies IPO: What it means for Tata Motors investors
Under the IPO, Tata Motors intends to sell 81,133,706 shares of its subsidiary. Two other shareholders - Alpha TC Holdings and Tata Capital Growth Fund I - of the company are also selling shares in the offer.
Tata Motors up 1% in weak market as Tata Technologies files DRHP with Sebi
This possible IPO along with the receipt of consideration of EV deal with TPG will support FCF generation from the India business to attain near debt zero in the India business, MOFSL said.
India's Tata Technologies, a unit of Tata Motors, files for IPO
BENGALURU :Tata Technologies, a unit of Indian carmaker Tata Motors, filed for an initial public offering (IPO) on Thursday, according to draft papers submitted to the market regulator.However, Tata Tech, which provides engineering and product development digital services, said it will not offer any of the 95
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