Holding Companies

The initial uptick in Edelweiss Financial Services share came after the RBI, with immediate effect, lifted the restrictions imposed on ECL Finance, and Edelweiss ARC

Sebi had issued the framework to address the gap at which these holdocs are traded and the intrinsic value of their holdings

The Securities and Exchange Board of India (Sebi) on Thursday announced that with the entire public shareholding being extinguished, the holdcos will be delisted

Market regulator, the Sebi on Thursday announced a framework for special call auctions with no price bands for price discovery of investment holding companies.

A little-known equity market research firm has pegged Rs 7.8 lakh crore valuation for the Tata group's NBFC holding company Tata Sons on listing going by the current market cap of the group firms. Being an upper-layer non-banking finance company, Tata Sons has to go public over the next 18 months as per the RBI norms. Tata Sons could list within the next 1.5 years as the Reserve Bank classified Tata Sons as an upper-layer NBFC last year, which makes it mandatory for it to list itself by September 2025, Spark Capital said in a note on Tuesday. The report stated that the listing can lead to the simplification of the complicated group-holding structure of the group. Recent news reports indicated that the company can fetch a valuation of Rs 11 lakh crore and the IPO size will likely be around Rs 55,000 crore. We believe that 80 per cent of Tata Sons' holdings may not be monetisable but the process of restructuring can trigger a re-rating. "There are multiple levers of value available f

Typically, holdocs trade at a discount of 40-70% to their intrinsic value due to multiple factors such as dividend taxation, complex structures and lack of control

Accion Labs is focused on digital transformation in global enterprises and tech firms. It has more than 4,800 employees globally, spread over 20 locations

The brokerage believes investors can invest in holdcos to diversify risk

Ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube