Tata Capital IPO Day 3 GMP Live: Tata Capital IPO ends today - All eyes on final-day surge in subscriptions

The Tata Capital IPO is priced in the range of Rs 310-Rs 326 per share. The lot size for retail investors is 46 shares, requiring a minimum investment of Rs 14,996 at the upper end of the price band. For small non-institutional investors (sNIIs), the minimum application size is 14 lots, or 644 shares, amounting to Rs 2,09,944. Meanwhile, big non-institutional investors (bNIIs) are required to bid for at least 67 lots, or 3,082 shares, translating to a minimum investment of Rs 10,04,732.

The grey market premium (GMP) remains subdued at around 2% above the issue price, indicating cautious investor sentiment despite Tata Capital's strong brand pedigree and diversified financial portfolio.

The IPO, which opened on Monday, comprises a fresh issue of Rs 6,846 crore and an offer-for-sale (OFS) of Rs 8,666 crore by promoter Tata Sons, which currently holds a 95.6% stake in the company.

As of Day 2, the issue was subscribed 0.75 times overall, with Qualified Institutional Buyers (QIBs) bidding for 0.86 times, Non-Institutional Investors (NIIs) for 0.76 times, and Retail Individual Investors (RIIs) for 0.67 times their respective quotas. The employee segment continued to show the highest enthusiasm, with subscriptions reaching 1.95 times.

Today is the last day to subscribe to Tata Capital's Rs 15,512-crore initial public offering (IPO) - the largest public issue of the year - which has witnessed a steady yet moderate response from investors so far.