Tata Sky, the satellite TV business of the Tata Group, which was renamed Tata Play Ltd earlier this year, plans to file a draft IPO prospectus by the end of this month and expects it to be in the range of at least $300 million to $400 million. The planned IPO will see investors Temasek and Tata Capital sell a portion of their stake in the company, which the company also plans to raise for its use.
