Tata Sun's Potential IPO Buzz and RBI Classification

Tata Sun, a holding company of various Tata group companies, operates independently but reaps profits from its subsidiaries through dividends. Despite having the financial capacity to expand and pay off debts, Tata Sun does not seem keen on an IPO due to complexities of its shareholder structure. The recent hype surrounding Tata Sun's stems from an analyst's projection of its value, potentially leading to one of India's biggest IPOs. The RBI's classification of Tata Sun as a core investment company and NBFC necessitating a public listing by a deadline added fuel to the IPO speculations.