Ratan Tata who turned 86 on Thursday will sell all his 77900 shares of kids products startup FirstCry in its upcoming IPO in 2024, as per DRHP filed with SEBI. Ratan Tata had picked up a 0.02% stake for 66 lakh rupees in FirstCry parent Brainbees Solutions in 2016. The average cost of acquisition of shares by Tata comes to 84.72 rupees/share. Today Tata is very trusted brand and in all over world people know about their service.
Presently India is becoming a very good place to do business as many people are getting success here from doing business. As we know that not today Tata is not only a trusted brand in India but also in all over the world. In reality they have huge business and they are actually working very good to give better service to people. From this case we can get that today Ratan Tata is doing different types of business and he is actually very good in doing this.
