Is an IPO the next big move for Tata Sons?

Senior trustee of Tata Sons, Vijay Singh, has reportedly supported the idea of listing Tata Sons on stock exchanges through an Initial Public Offering (IPO). This comes after another trustee, Venu Srinivasan, also argued in favor of listing the company.

Both trustees believe that Tata Sons, which is the main shareholder of Tata Group companies, should be listed to raise funds for expansion. As per reports, their view is different from the decision taken by Tata Trusts last year, which said the company should remain unlisted.

Vijay Singh, former Defence Secretary, reportedly said that Tata Sons has remained unlisted for many years. However new capital-intensive businesses and expansion plans require a fresh look at the idea of listing.

As per reports, issue of listing Tata Sons has been discussed for some time. According to Reserve Bank of India regulations, Tata Sons may need to be listed because it is classified as an upper-layer non-banking finance company.

Listing the company could help Tata Sons raise money from the public. As per reports, this money can be used to invest in new businesses, technology, and future growth plans.

Some members still support keeping Tata Sons unlisted, as they believe this helps the company maintain control and follow its long-term vision. The final decision is yet to be taken.