The shares in the IPO are offered by promoter Tata Motors, whose holding will drop to 55% after the IPO from 66% and two other investors who will garner nearly ₹728 crore from selling their stakes.
The IPOs next week include Tata Technologies, the first Tata Group firm to go public almost 20 years, and Indian Renewable Energy Development Agency, the first government offering since LIC in May 2022