Tata Technologies IPO: Tata Motors Arm Gets SEBI Nod, 1st Tata Group Firm To Float Issue Since TCS

Tata Technologies, a subsidiary of Tata Motors, has received nod from market regulator Sebi for its proposed initial public offer (IPO). When listed, it would be the first listing from the Tata group stable since Tata Consultancy Services (TCS) in August 2004. The IPO is an offer for sale of up to 8.11,33,706 equity shares, or 20 per cent capital, by Tata Motors. Alpha TC Holdings (up to 97,16,853 shares) and Tata Capital Growth Fund-I (up to 48,58,425 shares) would also offer shares in the issue. #businesstoday #tata #tatatechnologies #tatamotors #stockmarket #businessnews Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button! India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India and around the world! Download App: https://indiatoday.link/wHaj Follow us: Official website: https://www.indiatoday.in/ Twitter:   / indiatoday   Facebook:   / indiatoday