Tata Capital’s Initial Public Offering opens today, October 6, attracting significant investor interest as one of 2025's largest IPOs. The price band is set between Rs 310 and Rs 326 per share, reflecting a strategic choice to attract broad retail participation.
IPO Details And Market Sentiment
The offer comprises 45.58 crore equity shares, including a fresh issue of 21 crore shares and an offer-for-sale of 26.58 crore shares by existing shareholders.
Anchor investors committed Rs 4,642 crore ahead of the public subscription, indicating strong institutional confidence.
The grey market premium hovers around 2-3%, suggesting positive listing gains.
CEO Rajiv Sabharwal's Growth Outlook
The IPO proceeds aim to bolster Tier-1 capital to support loan book expansion and future growth aspirations.
Pricing is about 5% lower than the last rights issue's upper band, targeting wider retail inclusion.
Tata Capital leverages its Tata Group heritage, diversified portfolio, and strong risk management to drive sustained growth and potential re-rating opportunities.
Subscription closes on October 8 with allotment expected on October 9.
Source: Tata Capital, Economic Times, Moneycontrol, Business Standard