Tata Sons May Be Valued at Up to $96 Billion in IPO, Spark Says
- The firm needs to list within 18 months to meet RBI rule
- Group’s restructuring may trigger re-rating: Spark’s Shah
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Tata Sons Ltd. may fetch a valuation of as much as 8 trillion rupees ($96 billion) in an initial public offering that could potentially take place within the next 18 months, according to Mumbai-based investment banking firm Spark PWM Pvt.