Tata Sons may be valued up to 12.5 lakh cr in IPO
Tata Sons' potential IPO valuation is estimated between 9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth 15-16 lakh crore. Investors will price listed stakes and unlisted businesses, applying a holding company discount. The Reserve Bank of India rejected Tata Sons' plea to remain private. This decision effectively mandates the conglomerate's public listing soon.