Tata group is gearing up to unveil several public issues in the next two to three years, after a hiatus marked by just one initial public offering (IPO) in the past two decades.
Companies whose IPOs could be in the pipeline are Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, Tata Electronics, Tata Housing, and Tata Batteries. The cash via stake sale and the IPOs will help the conglomerate fund its ambitious growth plans in businesses like semiconductors, electric vehicles, batteries, renewable energy, and e-commerce.