Tata Group#39;s Ginger Hotels could be heading for an IPO

Roots Corporation, which runs Ginger properties, is 67 percent owned by IHCL. Tata Opportunities Fund, one of the investors, could be looking at exiting RCL. Before taking Ginger public, IHCL wants to make RCL a 100 percent subsidiary.

Tata Group#39;s Ginger Hotels could be heading for an IPO
Tata Group#39;s Ginger Hotels could be heading for an IPO Roots Corporation, which runs Ginger properties, is 67 percent owned by IHCL. Tata Opportunities Fund, one of the investors, could be looking at exiting RCL. Before taking Ginger public, IHCL wants to make RCL a 100 percent subsidiary.