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India: Tata AutoComp Systems shelves IPO plan

Tata AutoComp Systems (TACO) is reported to have shelved a plan to raise at least US$245m through an IPO, reflecting weakened stock market conditions. According to media reports, the Tata Group company, which supplies a range of components including metal stampings and assemblies, seating systems, wiring harnesses, thermal equipment, bumpers and It’s time to log … Continued

Tata AutoComp Systems (TACO) is reported to have shelved a plan to raise at least US$245m through an IPO, reflecting weakened stock market conditions.

According to media reports, the Tata Group company, which supplies a range of components including metal stampings and assemblies, seating systems, wiring harnesses, thermal equipment, bumpers and

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