Tata Capital is preparing for its IPO. The IPO aims to raise about $2.2 billion. The launch is expected in early September. The valuation target is around $12 billion. This valuation is higher than previous estimates. The IPO is buoyed by successful listings like HDB Financial Services. Market enthusiasm is growing. Other big listings are also anticipated.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets