Tata Capital targets $16.5 bn valuation for its $1.85-bn IPO; May this Diwali make investor more happy with Tata Capital IPO. October
Insurance behemoth LIC is likely to participate as an investor in the mega issue, the biggest so far this year. Tata Sons holds a substantial majority stake in Tata Capital. Tata Group is targeting a post-money equity valuation of around $16.5 billion for the big-bang initial public offering (IPO) of [...]