Tata Capital shares made a muted market debut on Monday, listing at Rs 330 on both the NSE and BSE-just 1.23% above the IPO price of Rs 326-after the issue was subscribed 1.95 times between October 6-8. Despite the modest listing, brokerages remain optimistic about the company's long-term prospects, citing strong fundamentals, steady growth momentum, and the backing of the Tata Group.
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Tata Capital Share Price Live: After weak D-Street debut, what next for Tata Capital - Check guidance and latest on Tata Trusts showdown
Tata Capital shares made a muted market debut on Monday, listing at Rs 330 on both the NSE and BSE-just 1.23% above the IPO price of Rs 326-after the issue was subscribed 1.95 times between October 6-8. Despite the modest listing, brokerages remain optimistic about the company's long-term prospects, citing strong fundamentals, steady growth momentum, and the backing of the Tata Group.
Emkay Global Financial Services and JM Financial both initiated coverage on Tata Capital with 'Buy' ratings and identical target prices of Rs 360, implying a potential upside of around 10% from the IPO price. Analysts highlighted the company's diversified lending portfolio, improving asset quality, and healthy return ratios as key positives.
Emkay projects earnings per share (EPS) to grow at a 30% CAGR between FY25 and FY28, supported by a revival in the vehicle finance segment and a rising share of secured lending. The brokerage also expects assets under management (AUM) to expand at a 24% CAGR over the same period, driven by robust demand across retail, housing, and corporate finance verticals.
At listing, Tata Capital's market capitalisation stood at Rs 1.39 lakh crore. While the subdued debut reflected a cooling of grey market sentiment-GMP fell from Rs 8 to nil just before listing-analysts believe the company's long-term growth story remains intact. Backed by the Tata Group's credibility and its strong risk management framework, Tata Capital is seen as a solid play in India's expanding non-banking financial services (NBFC) sector.
Tata Capital Share Price Live: Earnings and AUM expected to grow strongly
Emkay projects Tata Capital's earnings per share to grow at a 30% CAGR between FY25 and FY28, driven by a turnaround in its vehicle finance business and a higher share of secured lending. The brokerage expects assets under management to expand at a 24% CAGR over the same period.
Tata Capital Share Price Live: Emkay highlights brand strength and credit advantage
"Our positive stance is based on the Tata parentage and brand name providing the vital ingredients, viz AAA credit rating and abundant debt availability at competitive costs, toward Tata Capital becoming a meaningful NBFC lender," Emkay said in its initiation note.
Tata Capital Share Price Live: Analysts cite Tata parentage and strong fundamentals
Analysts noted that Tata Capital's strong parentage under the Tata Group, robust credit ratings, and improving financial profile could support future growth and value creation.
Tata Capital Share Price Live: Brokerages initiate buy ratings with Rs 360 target
Both Emkay Global Financial Services and JM Financial initiated coverage on Tata Capital with buy ratings and identical target prices of Rs 360, indicating a potential 10% upside from the IPO price.
Tata Capital Share Price Live: An hour after listing, what's happening to Tata Capital stocks? Check latest levels
Tata Trusts stand firm on Tata Sons' private status amid SP Group's IPO push: Report
Tata Trusts remains committed to keeping Tata Sons private, two Tata executives told Mint, hours after the Shapoorji Pallonji (SP) Group issued a public statement urging a public share sale of the holding company. The executives, speaking on the condition of anonymity, said an initial public offering (IPO) would dilute Tata Trusts’ shareholding, reduce its voting rights, and limit its influence over key decisions at Tata Sons. Tata Trusts holds nearly 66% in Tata Sons, the holding company of the $300 billion Tata Group, while the debt-laden SP Group is the largest individual shareholder with an 18.37% stake, reported Mint. However, Tata Trusts is open to facilitating an exit for the SP Group over a mutually agreed period, provided the interests of the Tata Group are protected, one of the executives told Mint. “We remain open to providing an orderly exit for the SP Group while safeguarding the Tata Group’s interests,” the executive added. (Read More)
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Tepid market debut: Tata Capital shares list at 1.2% premium; should you buy, sell or hold?
Tata Capital shares made a tepid stock market debut on the stock exchanges over its initial public offering (IPO) price on Monday, following a 1.95 times subscription between October 6-8 in the primary market. Shares of non-banking financial company Tata Capital Ltd were listed at Rs 330 per share on the National Stock Exchange (NSE), a premium of 1.23 percent over its IPO price. The 15,512 issue had a price band of Rs 310-326 per share. (Read More)
Tata Capital Share Price Live: Vande Mataram fills the air
ahead of the listing, artists take the stage to perform Vande Mataram. The flute, sitar and tabla create magic as classical notes fill the air.
Tata Capital Share Price Live: Meanwhile, it's a hattrick for N Chandrasekaran
In a first for the Tata Group, the Tata Trusts approved a third executive term for N Chandrasekaran, chairman of Tata Sons, according to people aware of the matter, reported Economic Times. Chandrasekaran will be 65 at the conclusion of his second term in February 2027.
Under Tata Group policy, executives are generally expected to step down from such roles at 65, though they may continue in non-executive positions until 70.
Tata Capital Share Price Live: Tata Capital pre-open on BSE at Rs 326 ahead of listing
Tata Capital Share Price Live: Who all are present at Tata Capital listing ceremony
Natarajan Chandrasekaran - Chairman of Tata Sons
Saurabh Agrawal - Chairman and Non-Executive Director
Rajiv Sabharwal - Managing Director and CEO
Ashish Kumar Chauhan - Managing Director and CEO of the National Stock Exchange
Tata Capital Share Price Live: Tata Capital pre-open on BSE at Rs 175, plunges 46% ahead of listing
Tata Capital Share Price Live: Tata Capital listing will begin at NSE shortly - Check direct link to watch the ceremony
Tata Capital Share Price Live: Tata Capital pre-open on BSE at Rs 315, down 3.37% ahead of listing
Tata Capital Share Price Live: Tata Capital eyes market debut, plans to use funds for capital, lending, and digital expansion
Funds raised will be used to strengthen Tata Capital's Tier-I capital and meet regulatory requirements, while supporting retail lending, digital initiatives, and infrastructure financing. Antique Stock Broking noted that the company benefits from top-tier credit ratings from CRISIL, ICRA, CARE, and India Ratings, with an average borrowing cost of 7.8%. Its debt is evenly split between floating (45%) and fixed-rate (55%) instruments, sourced mainly from banks and non-convertible debentures.
As the company prepares for its market debut, attention will focus on whether Tata Capital can replicate the blockbuster listing of Tata Technologies last year, or if a flat grey market indicates investors are tempering expectations.
Tata Capital Share Price Live: Tata Capital posts strong AUM growth; analysts flag risk factors
According to ICICI Direct Research, Tata Capital's assets under management (AUM) surged to Rs 2,33,363 crore in FY25, marking a 37.3% CAGR over FY23-25. While the brokerage noted the company's risk management framework remains robust, declining provisioning buffers are a concern, with the provision coverage ratio (PCR) dropping to 58.5% in FY25. ICICI Direct also highlighted the rising share of unsecured loans (~20%) and new-to-credit customers (~3.5%), which could lead to more volatile performance.
Canara Bank Securities pointed out that Tata Capital holds AAA domestic and BBB international credit ratings, with credit costs below 1% and net NPAs around 0.5%. "Daily return on equity and operating metrics outperform year-end figures by roughly 250 bps," the brokerage said.
Anand Rathi Research valued Tata Capital at a post-issue market capitalisation of Rs 1,38,382.7 crore, calling the IPO fully priced while maintaining a long-term positive outlook.
Sensex, Nifty set for a quiet start after two-week rally as Trump's tariff threat rattles global mood
After two straight weeks of gains, Indian benchmark indices Sensex and Nifty are likely to begin the week on a muted note on October 13, taking cues from weak global trends. The cautious mood comes after US President Donald Trump’s announcement of a 100 percent tariff on Chinese goods triggered a sharp selloff on Wall Street, before he later softened his stance over the weekend. As of 7:35 am, GIFT Nifty futures were trading around 25,325, down 76 points or 0.3 percent, indicating a subdued start for Dalal Street. (Read More)
Tata Capital Share Price Live: Tata Capital aims to cut credit cost ratio below 1%
Analysts at Anand Rathi said that Tata Capital is targeting a credit cost ratio of under 1% by enhancing its risk management and credit underwriting processes.
"Tata Capital seeks to reduce its credit cost ratio below 1% by strengthening risk management and credit underwriting, supported by digital tools and analytics. By maintaining a diversified loan portfolio across products, customers, and geographies, and increasing the share of secured lending, the company minimises concentration risks," the analysts added.
Tata Capital Share Price Live: Tata Capital's strong brand equity under the Tata Group in focus amid muted listing cues
Tata Capital's strong brand equity under the Tata Group, coupled with its diversified business model and solid presence across retail, corporate, and housing finance segments, positions it as a compelling long-term investment in India's growing financial services sector. Kotak Mahindra Capital Co. Ltd. serves as the book-running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar for the Tata Capital IPO.
Tata Capital Share Price Live: Analyst expects flat listing for Tata Capital IPO
"We expect the Tata Capital IPO listing to be neutral to flat, given the muted subscription demand and overall cautious investor sentiment. While valuations appear reasonable compared to listed peers, the offer did not witness strong traction during the subscription phase, indicating limited upside potential on listing day," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
Tata Capital Share Price Live: At what time is the listing today
Trading members are advised that Tata Capital shares will be included in the Special Pre-Open Session (SPOS) on Monday, October 13, 2025. The stock will be available for regular trading starting at 10:00 AM.
Tata Capital Share Price Live: What does the BSE ciruclar says?
“Trading Members of the Exchange are hereby informed that effective from Monday, October 13, 2025, the equity shares of Tata Capital Limited shall be listed and admitted to dealings on the Exchange in the list of ‘A’ Group of Securities,” said a notice on the BSE.
Discount brokerages face sharp slowdown, 26 lakh clients exit in September quarter
India’s discount brokerages witnessed a steep fall in active clients during the September 2025 quarter, led by the country’s top four players -- Groww, Zerodha, Angel One, and Upstox. The total number of active clients declined by nearly 26 lakh during the quarter, with about 75 percent of the erosion coming from these leading firms. (Read More)
Tata Capital Share Price Live: What's happening in the grey market
There is no grey market premium on Tata Capital IPO. With an issue price band capped at Rs 326 per share, the estimated listing price is expected to be around Rs 326 — indicating no premium or discount.
Trade setup for October 13: Top 15 things to know before the opening bells
The sharp correction in US counterparts on Friday may impact sentiment in Indian equities on Monday. Still, this is unlikely to alter the broader market trend as long as the Nifty 50 continues to sustain firmly above all key moving averages and the midline of the Bollinger Bands, experts said. (Read More)
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Tata Capital Share Price Live: CEO outlines growth strategy
"Our ambition is to strengthen our position as a leading player in the financial services sector. We see significant opportunities to expand our loan book and leverage our investments in technology," said Rajiv Sabharwal, CEO of Tata Capital. He added, "Our strategy has been to build a portfolio of multiple hero products rather than rely on a single offering."
Tata Capital Share Price Live: Strong asset quality and growth track record
Tata Capital maintains a gross non-performing asset (NPA) ratio of 2.1%, one of the lowest in the industry, backed by an 80% secured loan portfolio and a wide network of 1,516 branches across 27 states and union territories. Between FY23 and FY25, the company's revenue surged 56%, while profit after tax rose 10% to Rs 3,655 crore.
Tata Capital Share Price Live: Tata Capital's business and financial profile
A wholly owned subsidiary of Tata Sons, Tata Capital serves as the group's main financial services arm, offering retail, SME, and corporate lending along with wealth management and investment banking solutions. As of June 2025, the company reported total assets of Rs 2.52 lakh crore and a loan book of Rs 2.33 lakh crore, positioning it as India's third-largest diversified NBFC after Bajaj Finance and Shriram Finance.
Tata Capital Share Price Live: Global institutions back Tata Capital
International investors also showed significant interest, with Morgan Stanley, Goldman Sachs, Nomura, and Norway's Government Pension Fund Global among the key participants. Their allocations highlight the continued global confidence in the Tata Group's financial arm and its growth prospects.
Tata Capital Share Price Live: Anchor investors show strong interest
Ahead of the IPO opening, Tata Capital mobilised Rs 4,642 crore through its anchor book, drawing strong participation from both domestic and global institutions. The Life Insurance Corporation of India (LIC) emerged as the largest anchor investor, acquiring 2.15 crore shares worth nearly Rs 700 crore. Other major domestic anchors included HDFC Mutual Fund, ICICI Prudential, Aditya Birla Sun Life, DSP, Axis, Kotak, and Nippon Life AMC.
Tata Capital Share Price Live: Issue pricing and grey market performance
Priced in the range of Rs 310 to Rs 326 per share, the IPO was offered at a 56% discount to Tata Capital's last traded value in the unlisted market. However, the latest GMP has declined from Rs 8 earlier in the week to Rs 0 as of Sunday morning, leading analysts to expect a flat listing.
Tata Capital Share Price Live: IPO subscription driven by institutional demand
The Tata Group's flagship non-banking financial company (NBFC) saw its IPO subscribed 1.95 times overall, supported by robust institutional participation. The Qualified Institutional Buyers (QIBs) portion was oversubscribed 3.42 times, while Non-Institutional Investors (NIIs) subscribed 1.98 times. Retail investors took a more cautious approach, with their portion subscribed 1.10 times.
Tata Capital Share Price Live: Tata Capital IPO set to debut today
Tata Capital's Rs 15,512 crore initial public offering (IPO), one of the most awaited listings of 2025, is set to debut on the stock exchanges today, October 13. Despite the strong buzz, grey market indicators point to a quiet start, with the grey market premium (GMP) slipping to zero. This suggests that the stock could list around its issue price of Rs 326 per share.