Tata Capital IPO: Tata Capital, one of India’s top non-banking finance companies, has set the price for its upcoming initial public offering. The company fixed the price band at Rs 310 to Rs 326 per share. The IPO will open for subscription on October 6 and continue for three days, closing on October 8. Before that anchor investors can place their bids on October 3 2025.
In the grey market Tata Capital shares are already attracting attention. On Monday morning, September 29 the shares were trading at a premium of Rs 28, showing a 0-10 percent grey market premium.
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Tata Capital IPO Details
The Tata Capital IPO is big, with a total size of around USD 2 billion, or Rs 17,200 crore. The company hopes to reach a valuation of roughly USD 18 billion. The IPO will offer 47.58 crore shares. Out of this, 21 crore shares come from a fresh issue, while 26.58 crore shares will come through an offer for sale. Under the OFS, Tata Sons will sell 23 crore shares and the International Finance Corporation will offload 3.58 crore shares. Currently, Tata Sons owns 88.6% of the company, while IFC holds 1.8%.
Retail investors can buy the shares in lots of 46, which will cost Rs 14,996 per lot. An investor can apply for up to 13 lots, totaling 598 shares, worth Rs 1,94,948.
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Allotment and Listing
Tata Capital will likely finalise the IPO allotment on October 9. The registrar for the IPO is MUFG Intime India Pvt Ltd. Investors can check the allotment status online by entering their PAN on MUFG’s official website. The company’s shares will list on both BSE and NSE on October 13, 2025, from 10 AM onwards, and trading will start immediately.
Tata Capital will use the money from the IPO to make its main capital stronger and help with future loans. RBI says big NBFCs must list in three years. Tata became a big NBFC in September 2022, so this IPO is an important step for the company.
