Tata Technologies IPO can be launched during April-June in the financial year 2023-24.

New Delhi:

Tata Motors IPO Latest Update: If you are thinking of investing in IPO, then a great opportunity is coming for you.

The Tata Group company owned by Ratan Tata is going to launch its Initial Public Offering (IPO) for about 18 years.

Yes, the IPO of Tata Technologies, a subsidiary of Tata Motors, is going to be launched.

After which Tata Technologies will soon enter the stock market.

Tata Motors itself has informed about this.

Giving information about this, the company said that its board has approved the sale of stake through IPO.

According to the information, Tata Motors holds 74 percent stake in Tata Technologies. 

Let us tell you that Tata Group is bringing an IPO of a company after a long wait.

Before this, in the year 2004, the last IPO of Tata Group's IT company company Tata Consultancy Services (TCS) was launched.

According to media reports, Tata Technologies IPO can be launched during April-June in the financial year 2023-24.

Preparations are going on fast in this regard.

It has also been said in the report that Tata Technologies, a global product engineering and digital services company, is in talks with several bankers before offering the IPO.

Information available on the company's website shows that in FY2022, it has achieved a revenue of US $ 473.5 million.

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