tata sky ipo | stock market | noteindia

 

tata sky ipo, moneycontrol, stock market


Hello friends we are going to talk about the upcoming IPO of the tata group in the stock market.

 You will know that Tata is a very old and big group of India, whose about 28 companies are listed in the stock market.  Tata group is working in almost every field.

 The Tata group deals in engineering, information technology, communications, automobile, chemical industry, energy, software, hotel, steel, and consumer goods manufacturing.  This is the IPO of tata sky.

 Tata sky ipo

 Preparations are in full swing to bring the IPO of Tata Sky, a company associated with the Tata group satellite television business.  Expected to come only in the financial year 2021-2022.  In the next one or two months, SEBI is expected to present all the documents, tell that Disney has a huge stake in Tata Sky.

Read this - what is nifty

  To date, Disney does not have a stake in any other company.  Disney now wants to sell its stake from Tata Sky Maybe Disney alone wants to set foot in the satellite television business in India, so Tata Sky wants to buy Disney's stake in the stock market through ipo.  This ipo can be around two thousand to three thousand crores.

 The purpose of bringing this ipo is to raise capital and buy Disney's stake.  The record of raising capital from this IPO is likely to cross one lakh crores.

 Investors know that Tata is a more than 100 years old group, about 110 Tata companies work in different sectors, which till now no Tata company has gone bankrupt.

 About Tata Sky

 Tata Sky has forayed into satellite television since 2004.  In which more than 140 channels are available.  The Tata Sky company uses the British company Sky's band for broadcasting.

 Tata Sky has a 33 percent market share which is the highest.  The total number of subscribers of Tata Sky is about 1.75 crores.

 Tata Sky began operations in 2004 as a joint venture between Tata Sons and Network Digital Distribution Services FZ-LLC.  It is a 21st Century Fox-owned unit of Rupert Murdoch.


 Tata Sky has a total share of 33 percent in the DTH market as of December 2020.  The total active subscribers for the DTH industry has increased from 70 million at the end of 2019 to 71 million as of 31st December 2020.  Tata Sky is ahead of Dish TV India, Bharti Telemedia, and Sun Direct TV, which had a market share of 25.45 percent, 25.17 percent, and 16.35 percent respectively.


 Disney acquired Fox in the company in 2019.  Disney holds an additional 9.8 percent stake in Tata Sky through TS Investments Ltd, while Fox holds 49 percent.  The rest of the stake is with Tata.  Tata Sons holds a 41.49 percent stake in Tata Sky.

 I hope you have understood very well about the upcoming IPO of Tata Sky that this IPO is going to rock the stock market.  It can prove to be beneficial for investors.

 Information will be given about all the upcoming IPO in the stock market.

 If you want to ask any question then you can ask by commenting.

 Thank you

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