Tatas, Walt Disney to launch Tata Play IPO; becomes first firm to file confidential DRHP with Sebi

Tata Play becomes first firm to file confidential papers with Sebi for IPO

Offer document open to scrutiny only by regulator, exchanges; the Walt Disney Company-led firm eyeing a Rs 3,000-crore IPO

Tata Play to become first Tata Group company to file for IPO after 2004 TCS issue; first in India to take ‘confidential’ pre-filing route

Tata Group's Direct-to-home (DTH) company Tata Play took the confidential ‘pre-filing’ route with the intent to launch an IPO. It filed documents with Sebi, BSE and NSE on November 29.

Tatas, Walt Disney to launch Tata Play IPO; becomes first firm to file confidential DRHP with Sebi

Tata Play, formerly known as Tata Sky, has become the first Indian company to file a confidential pre-filing of offer document for its initial public offer (IPO) with market regulator Sebi. The Tata group firm filed documents with Sebi, BSE and National Stock Exchange (NSE) on November 29. The firm advertised the same in a leading daily newspaper.