00:00In the past two days, Tata Suns has a huge impact on Tata Suns's IPO.
00:05This is also saying that it's a big IPO of Jio or NSE.
00:09But, do we need to discuss Tata Suns's IPO only about Tata Suns's IPO?
00:14Because it's a big IPO of Jio or NSE's IPO.
00:18Look, the real story of Tata Suns's IPO is behind Tata Suns's IPO.
00:22If Tata Suns has a share of Tata Suns,
00:26Shapoji Palonji's liquidity and Tata company's
00:32the third of Tata Suns's IPO.
00:33It's a big deal of mathematics and three things.
00:36How will this change and what will happen?
00:39We will try to understand all this in our video.
00:42Hello and welcome!
00:43You will see GoodReturns.
00:44I am with you.
00:46Look, Tata Suns's IPO is not a possible public issue.
00:50Tata Suns's ownership structure, Tata Trust's control,
00:54Shapoji Palonji Group's liquidity and Tata companies
00:57can be replaced by Tata Suns's IPO.
01:01RBI has Tata Suns's application
01:03which, through the company,
01:05NBFC,
01:27NBFC,
01:29NBFC,
01:32NBFC,
01:33NBFC,
01:34NBFC,
01:35NBFC,
01:42NBFC,
01:57NBFC,
02:02Tata Company,
02:11NBFC,
02:26NBFC,
02:28as well as RBI to explain
02:30the
02:34If the organization is concerned, Tartasans could be unregistered core investment company and could be a mandatory listing.
02:41But on September 11, 2016, RBI has rejected this request.
02:47RBI has said Tartasans that NBFC upper-layer entities on all guidelines and instructions.
02:53RBI has said Tartasans is a normal operating company.
03:09Tartasans is a principal investment and holding company.
03:13Tartasans stores on multiple businesses with benefits and
03:15saisysport tales and history metrics.
03:20If you look for portfolio, you already know this way
03:23TTS, Tata Motors, Tata Steel, Titan, Tata Power, Tata Chemicals, Indian Hotels, Tata Consumer Products, Tata Capital, Air India, Elex
03:33радиal Ann mouth.
03:36But another
03:36important distinction. Tata Suns's valuation is not going to be
03:42because Tata Group's many big companies are first stock market listed.
03:46TCS, Tata Motors or Titan shares you can buy. If some investor Tata Suns's share
03:52is going to buy, it will be indirect exposure. Direct ownership is not going to be
03:58available. This is why holding companies are discounted for value.
04:01Tata Suns's valuation is not going to be available.
04:11It's not going to be available in the discussion number.
04:15For some investment bankers and valuation experts, Tata Suns's potential IPO
04:21valuation is below 9,000,000,000,000.
04:25लाग करोड रुपे के बीच हो सकती है इसके मुकाबले डाटसंस के अंडरलाइंग पोर्टफोलियो की वाल्यू करीब 15-16 लाग
04:32करोड रुपे
04:33एस्टिमेट की जा रही है तो दोनों के बीच इतना अंतर इसलिए क्योंकि वाल्यू करते समय होल्डिंग का अपनी डिस्काउंट
04:40लगाया जाता है
04:41मान दीजे टाटसंस की असेक्स की कुल वाल्यू 15 लाग करोड रुपे है अगर इन्वेस्टर्स होल्डिंग कंपनी इस्ट्रक्षर के बचाए
04:4840% डिस्काउंट लगाते हैं तो ये वाल्यू घटकर गरीब 9 लाग करोड रुपे रह सकती है
04:53इसके अलावा Listed Shares, Unlisted Businesses, Tax Liabilities, Future Capital Requirements और IPO Pricing को ध्यान में रखते हुए वाल्यूइशन
05:03अलग-अलग हो सकती है
05:04रिपोर्ट्स में Listed Portfolio पर 41-45 फीसिदी तक होल्डिंग कंपनी डिसकाउंट और Unlisted Assets पर करी 15 फीसिदी डिसकाउंट
05:12के बार की गई
05:13इसके उपर IPO के समय 15-15 फीसिदी का एडिशनल डिसकाउंट भी मुझे रहे हैं और यही वज़ा है कि
05:209 लाग करूर रुपे से लेकर 12 लाग 50,000 करूर रुपे की वाल्यूइशन रही है
05:25लेकिन यहां एक गलती करने से पहले रुप जाईए लाग
05:28वाल्यूइशन और इशू साइज एक चीज नहीं है अगर टाटा संस की वाल्यूइशन 10,000,000 करूर रुपे माली जाए
05:33तो weaker 5पीसिदी हिससी दारी के वालीओ करीब 25,000 करूर रुपे
05:45। । । । । । । ।
06:16। । ।
06:50। ।
06:57। । । ।
07:10। । ।
07:37। । ।
07:43। ।
07:48The value will be unlocked when the company will be in reality.
07:53It will not be automatic cash inflow.
07:57Tata Suns IPO is another big stakeholder.
08:00It is the SP Group.
08:03SP Group has around 14.4% of Tata Suns.
08:09It is a liquid asset for long time.
08:11If Tata Suns's valuation is 10 lakh crore,
08:13then the stake of the theoretical value is 1,84,000 crore.
08:19But in private company, it is not easy to change so much.
08:24Listing from the SP Group to liquidity,
08:27which can be a little bit of IPO.
08:30Or in the listing, the stake will be monetized.
08:34It is not that SP Group is 18.4% of Tata Suns.
08:39It is a big secondary sales.
08:41It will be supply and the valuation will be pressure.
08:45The other side, Tata Trust will be 6-6%.
08:48ने से स्वाशन धारी बताई चारहें।
08:49IP people के बाद Tata Trust का majority control,
08:52तुरनखट नहीं होगा.
08:54!!
08:54ॵ� coc
08:54and the company will have a lot of disclosures, related party transactions, and minority shareholders will have a question.
09:02The control will have Tata Trust, but the privacy of the control will have less.
09:07Tata Trust will have a problem with IPO control, while the liquidity will have less liquidity.
09:14The 17 September Tata Suns Board meeting will be very important,
09:18and there will be a discussion in this meeting with IPO timing, issue size, and future strategy.
09:24Tata Suns Chairman N. Chandru Shekhran's current term is in February 2027.
09:29His appointment and leadership transitions are now coming to the report.
09:34In this period, IPO and leadership uncertainty are going on.
09:38Tata Group is a possible path for Tata Group.
09:40First, IPO is ready to start.
09:42Second, just the minimum regulatory requirements,
09:45which is the number of markets.
09:47Third, existing shareholders,
09:50like SP Group or Tata Company,
09:51will have a little bit of interest.
09:53Fourth, Tata Suns' structure or balance sheet,
09:56will be challenged by listing obligations.
09:59And fifth, RBI,
10:01RBI, will have a federal authority.
10:04However, legal challenges can be made by process,
10:07but the regulatory pressure will not be achieved.
10:10Now, the question is,
10:12investors, what do you understand?
10:14Tata Group stocks,
10:15RBI,
10:16FACILATE,
10:17TCS,
10:18Tata Motors,
10:19Tata Chemicals,
10:20Tata Investment Corporation,
10:21JaiSest Stocks,
10:22market value unlocking,
10:25and price we started to start price buying.
10:26The first time,
10:28nifty top gainers,
10:29all these stocks were all required by 4%
10:32with the higher rate of 4%.
10:33But investors have three factors.
10:36First, Tata Suns' IPO valuation is not a final figure.
10:41Second, Tata Suns listing will be a higher valuation.
10:49Second,
10:50Firstly, DataSense to buy investors Tata Group's listed companies will not buy direct, but
10:54indirect exposure.
10:56Therefore, in the moment, investors will see how much data-sense holding company will
11:02be found in the issue.
11:04How much are the primary shares, secondary shares, and where are the proceeds from?
11:08So, data-sense IPOs will keep the biggest IPOs in the race.
11:14This is a private holding company to public scrutiny.
11:18This is the main question for Tata Estates.
11:20It should be moved deeper on the economy.
11:21In this case, it will have a complete change of Tata trust.
11:23Tata company will be linked to their assets.
11:29It will have a daily cost to their own company.
11:30Will they meet Tata Trusts andInverestory capital?
11:33Will they keep selling Tata Trusts and infinite shares with their market-based values?
11:38Will they keep selling Tata Trusts and Nivees?
11:44Will they keep selling Tata Trusts and Nettinger?
11:45It is a great question.
11:47It is the question that the market-based valuation will be sold.
11:47You
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