Tata Motors EV IPO: TPEML to Raise 8,000-16,000 Crore in 2025-26

Key Takeaways:

• Tata Passenger Electric Mobility Limited (TPEML), the EV arm of Tata Motors, is planning an IPO in 2025-26.
• The IPO is expected to raise INR 8,000-16,000 crore, valuing TPEML at USD 1-2 billion.
• TPEML currently holds over 80% market share in the Indian EV market.
• The IPO will help TPEML further invest in its growth and expansion plans.
  

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Tata Motors, the Indian automotive giant, is planning to take its electric vehicle (EV) subsidiary public. Tata Passenger Electric Mobility Limited (TPEML), currently dominating India’s EV market with over 80% market share, is expected to launch an Initial Public Offering (IPO) in the 2025-26 fiscal year.

The IPO aims to raise a substantial amount, estimated between INR 8,000-16,000 crore (approximately USD 1-2 billion), giving TPEML a significant valuation. This move reflects Tata Group’s commitment to capitalizing on the rapidly growing EV sector in India.   

Tata EV, known for its very popular and best-selling electric car models like the Nexon EV and Tiago EV, has been aggressively expanding its presence in the Indian market. To expand its existing portfolio the company has recently launched Tata Curve EV which is the most futuristic electric vehicle from the company currently.

Apart from this, the upcoming EV cars from the company include the most awaited Sierra EV and Harrier EV, which are expected to be launched at the Bharat Mobility Global Expo 2025 in Delhi India this year.

The company plans to leverage the IPO proceeds to further invest in new models, technology, and infrastructure to maintain its leading position.   

This IPO is expected to generate significant interest from investors, given Tata Motors’ strong market position and the growing demand for EVs in India. With the government actively promoting electric mobility, TPEML is well-positioned to capitalize on the favorable market conditions.