Hero FinCorp and Tata Capital: Unlisted Share Prices Diverge

Imagine two companies, Tata Capital and Hero FinCorp, getting ready to sell shares to the public.

Before they do, people can buy their shares privately.

The prices of these private shares have been changing.

Tata Capital's share price has dropped, possibly because people think the price of the shares when they are released to the public might be lower.

Hero FinCorp's shares haven't dropped as much, suggesting investors are more optimistic about it.

The article explains how the market values these companies before they go public.