Tata Play files confidential papers with SEBI for IPO, becomes first Indian company to do so
2 years ago

Tata Play files confidential papers with SEBI for IPO, becomes first Indian company to do so

Firstpost  

Once SEBI issues its observations and Tata Play decides to float the IPO, the company will be required to file an updated DRHP Tata Play, previously called Tata Sky, has become the first Indian firm to submit a “pre-filed” draft document, confidential Initial Public Offering papers, with regulatory bodies. Existing investors, namely Tata Opportunities Fund, Singapore’s Temasek Holdings, and Walt Disney, which hold the remaining 37.8 percent in the company, are likely to offload their stakes via OFS. Once SEBI issues its observations and Tata Play decides to float the IPO, the company will have to file an updated DRHP. While two financial investors are going to exit Tata Play completely, joint venture partner Walt Disney will retain some share in the corporation.

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History of this topic

Disney to Sell Stake in India's Tata Play: Report
7 months ago

Disney to Sell Stake in India's Tata Play: Report

Deccan Chronicle  

New Delhi: The Walt Disney Company has struck a deal to sell its minority stake in an Indian subscription television service to local conglomerate and majority shareholder Tata Group, a report said Thursday. Tata Group took full control of the platform after buying the 29.8 percent stake from Disney, the report said Tata Play provides pay television via set-top boxes …

Tata Sons raises stake in Tata Play, Temasek exits: Report
7 months, 3 weeks ago

Tata Sons raises stake in Tata Play, Temasek exits: Report

Hindustan Times  

Tata Sons, the holding company of India's Tata Group, has increased its stake in satellite TV provider Tata Play to 70% by buying a 10% stake from Singapore state investment firm Temasek for about $100 million, the Economic Times reported on Tuesday. The statement said that, “The gigafactory will secure UK-produced batteries for another Tata Sons investment, Jaguar Land Rover, …

Mukesh Ambani's Reliance in talks to buy Tata Play's 30% stake from Walt Disney: Report
10 months, 1 week ago

Mukesh Ambani's Reliance in talks to buy Tata Play's 30% stake from Walt Disney: Report

Hindustan Times  

Just a few weeks ahead of the finalisation of its mega-merger, Mukesh Ambani-led Reliance Industries is in talks to buy around 30 percent stake in Tata Play, formerly Tata Sky, from its merger partner Walt Disney, reported Business Standard newspaper. Reliance Industries Chairman and MD Mukesh Ambani Reliance Industries has shown interest in buying around 29.8 percent stake in Tata …

Reliance Industries in talks to buy Tata Play stake from Disney
10 months, 1 week ago

Reliance Industries in talks to buy Tata Play stake from Disney

The Hindu  

Indian oil-to-telecom conglomerate Reliance Industries is in talks to buy a 29.8% stake in subscription-based satellite TV and video streaming service provider Tata Play from Walt Disney, Business Standard reported, citing sources close to the development. If the negotiations are successful, it would be the first collaboration between the Tata group and billionaire Mukesh Ambani's conglomerate, allowing Reliance to offer …

Mobikwik refiles draft IPO papers with SEBI to launch ₹700 crore issue
11 months, 2 weeks ago

Mobikwik refiles draft IPO papers with SEBI to launch ₹700 crore issue

Hindustan Times  

Payment platform Mobikwik has once again filed the its papers with the Securities and Exchanges Board of India to launch an initial public offering. The Draft Red Herring Prospectus of Mobikwik states that the IPO will comprise entirely of fresh issue of ₹700 crore, with a face value of ₹2 per equity share. The BRLMs of the Mobikwik IPO will …

SEBI sets conditions for National Stock Exchange IPO. These are…
1 year ago

SEBI sets conditions for National Stock Exchange IPO. These are…

Hindustan Times  

The Securities and Exchange Board of India has laid down some important conditions for the National Stock Exchange's proposed initial public offering, media reports said on Monday. According to Zee Business, the NSE had filed its draft papers for the IPO with SEBI in December 2016, with a plan to raise ₹10,000 crore from the public issue, which was planned …

Tata Tech makes blockbuster stock market debut, shares list with huge premium of 140 %
1 year ago

Tata Tech makes blockbuster stock market debut, shares list with huge premium of 140 %

India TV News  

New Delhi: Shares of Tata Technologies, a subsidiary of Tata Motors, made a stellar stock market debut on Thursday. IPO received 69.43 times subscription The price range for the Tata Technology IPO was set at Rs 475-500 per share, making it a Rs 3,042.52 crore IPO. First IPO after 19 years Tata Technology's IPO marked the first public offering by …

Tata Technologies IPO to open for subscription on this date
1 year, 1 month ago

Tata Technologies IPO to open for subscription on this date

Hindustan Times  

Tata Tech IPO: Tata Technologies, which provides engineering and product development digital services, has said its initial public offering will open for public subscription on November 22. Last month, Tata Motors had stated that it has inked a pact to sell a 9.9% stake in Tata Technologies to TPG Rise Climate for ₹ 1,613.7 crore. As part of the process, …

Tata Motors stock in focus as Tata Tech IPO files addendum for DRHP. Shares dip
1 year, 2 months ago

Tata Motors stock in focus as Tata Tech IPO files addendum for DRHP. Shares dip

Live Mint  

Stock in focus: Tata Motors shares will be in focus when Indian stock market opens today as its subsidiary Tata Technologies Limited has filed addendum for its DRHP. However, in stock market's opening bell today, Tata Motors shares opened downside and hit intraday low of ₹612.50m per equity share, clocking over 1 per cent dip against Tuesday close of ₹620.45 …

IPO-bound Tata Play posts a net loss of ₹105 crore: Report
1 year, 5 months ago

IPO-bound Tata Play posts a net loss of ₹105 crore: Report

Live Mint  

Tata Play, which has been given approval by Sebi to raise money through an IPO, posted a net loss of ₹105 crore for the fiscal year ending in March 2023 as opposed to a net profit of ₹69 crore the previous year, according to a report from the Economic Times. The direct-to-home company's revenue from operations for the fiscal year …

Tata Technologies IPO: What this issue means for Tata Motors shareholders?
1 year, 9 months ago

Tata Technologies IPO: What this issue means for Tata Motors shareholders?

Live Mint  

Tata Technologies IPO: Tata Technologies filing papers with the market regulator SEBI led to surge in Tata Motors shares on Friday despite weak sentiments on Dalal Street. So, Tata Motors is expected to reap big gains from the Tata Technologies IPO and hence market has gone highly bullish on Tata Motors shares. For Tata Motors, Tata Technologies IPO is going …

Tata Technologies files IPO papers with Sebi
1 year, 9 months ago

Tata Technologies files IPO papers with Sebi

Live Mint  

Tata Technologies IPO: Tata Technologies Ltd, a global product engineering and digital services company, is set to make its initial public offering debut, after having filed a draft red herring prospectus with the Securities and Exchange Board of India. We wish to inform you that Tata Technologies Limited, a subsidiary of Tata Motors Limited, has informed the Company that it …

Tata Motors’ board considering partial disinvestment in Tata Technologies, details here
2 years ago

Tata Motors’ board considering partial disinvestment in Tata Technologies, details here

Firstpost  

Tata Technologies is a global product engineering and digital services firm. Tata Motors stated that it will announce all material developments regarding the IPO, as and when needed Tata Motors stated on Monday that its board has given in-principle approval for disinvestment of partial stake in its subsidiary, Tata Technologies, via an Initial Public Offering. In 2018, Tata Motors called …

Tata Play may file for IPO this month
2 years, 3 months ago

Tata Play may file for IPO this month

Live Mint  

Mumbai: Tata Sky, the satellite television business of the Tata group, which was rebranded as Tata Play Ltd at the start of the year, is likely to file the draft prospectus for its initial public offering by the end of this month, which is likely to range between $300-400 million at least, said two people aware of the development, speaking …

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