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Based on early indications, the anchor portion is likely to see interest of over Rs 21,000 crore at the upper end of the price band. The anchor book opens October 3 and IPO from October 6
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Tata Investment Corp share climbed 20 percent to touch an intraday high of Rs 10,611.50 apiece on the NSE.
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The issue is priced at price-to-book ratio of 5.2x times, compared to peers Bajaj Finance and Shriram Finance at 6.4x and 2x.
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Going forward, the board will decide the best way to raise money, be it through rights issues or other routes, Sabharwal said.
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As at June 30, 2025, Tata Capital has raised around Rs 7,000 crore across its domestic funds and offshore funds, with 53 deals in over 15 years, as per the NBFCs IPO documents.
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Tata Capital IPO share allotment is expected by October 9, while the listing is scheduled to take place on October 13.
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Insurance giant LIC is likely to make a big bet on this issue with the anchor portion likely on October 3
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Insurance behemoth LIC is likely to participate as an investor in the mega issue, the biggest so far this year
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Tata Capital’s senior leadership held meetings with investors across key global hubs including Hong Kong, Singapore, London, New York and major Indian cities
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The company’s loan book rose from Rs 1.2 lakh crore in 2023 to Rs 2.26 lakh crore in 2025, reflecting an 88%
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Tata Capital Q1 Earnings: Net interest income in the first quarter of current fiscal surged 16.8 percent to Rs 2,866.2 crore, up from Rs 2,454 crore in the corresponding period of previous year.
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In the same quarter last year, the IPO-bound company had reported a profit of Rs 472.21 crore. Total income rose to Rs 7,691.65 crore for the quarter under review from Rs 6,557.40 crore in the April-June quarter of FY2025
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VC funding in India picks up pace after a muted 2024, Tata Capital kicks off investor roadshows, IPO-bound Urban Company draws interest, and SBI retakes largest home loan lender crown. Also find an exclusive interview of Sanjay Agarwal, MD & CEO, AU Small Finance Bank; an analysis of the second-order effects of Trump tariffs; an opinion piece on why India should prioritise US security partnership despite the tariff fallout. And finally, the roaring success of Mahavatar might get the animated character its own universe. All this and more in today’s edition of Moneycontrol Editor’s Picks.
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Tata Sons, promoter of the NBFC, is expected to offload up to 23 crore shares, while International Finance Corporation will sell up to 3.58 crore in what is expected to be the biggest public offer of the year
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Tata Capital aims to raise about $2.2 billion in its IPO, which is expected to launch in the first half of September, the people said, asking not to be identified discussing confidential information.
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Tata Capital is in the process of filing its updated IPO documents for the mandatory listing by September, according to a report.
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Concerns over self-lending risks and systemic instability remain key hurdles; senior official says corporates want both licences and control — “both cannot work”
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The funds are likely to be utilised for absorbing incremental credit costs owing to the merger of Tata Motors Finance with Tata Capital.
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The move will make Tata Capital, the eight major Indian firm opting for the confidential pre-filing route after Tata Play, Oyo, Swiggy, Vishal Mega Mart, Credila Financial Services, Indira IVF and PhysicsWallah.
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The IPO, expected to be a combination of primary and secondary issue of shares, may see parent Tata Sons and investor IFC paring stake.
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Tata Capital’s board last week approved the listing of as many as 23 crore shares, along with an offer for sale of equity by existing shareholders. It also announced a rights issue of as much as Rs 1504 crore.
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The company had previously raised $10 million from Tata Capital Healthcare Fund in 2023.
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The local currency was trading at 86.38 against the US dollar at 2:00 pm, as compared to 86.64 against the greenback on the previous trading session
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The financial services unit of the Tata Group, the conglomerate spanning industries from coffee to cars, is planning to issue a benchmark-sized note with a 3.5-year maturity
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Tata Capital IPO: Tata Group's decision for listing of Tata Capital is in line with RBI's mandatory requirement for "upper layer" NBFCs to list within three years of being notified, ie September 2025.
