Prepare preparation immediately, IPO of 15 thousand crores is in queue, papers submitted with SEBI

Tata Group IPO: After the listing of Tata Tech in November 2023, another Tata Group company has brought its IPO. Tata Group’s Financial Service Unit Tata Capital has submitted documents with SEBI to bring an IPO of Rs 15000 crore. According to media reports, this draft red hering prospects have been deposited in a confidential manner SEBI.

Moneycontrol, in its report quoting sources on Friday, said that this step has been taken to ensure safety of the strategy of Tata Capital’s company as well as sensitive information related to business.

10 banks selected as advisor

Tata Capital is a non-banking financial service (NBFC) and a subsidiary company of Tata Sons, which has appointed 10 investments banks as an advisor for listing. These include Kotak Mahindra Capital, City, JP Morgan, Axis Capital, ICICI Securities, HSBC Securities, IIFL Capital, BNP Pariba, SBI Capital and HDFC Bank.

Under this IPO of about Rs 15,000 crore, new shares will be issued and Tata Sons will also sell its stake under the offer for cell window. Tata Sons has a 92.83 percent stake in Tata Capital. Along with this, the company has also received approval to issue around 2.3 crore new shares from the board.

Listed by September 2025

Tata Sons and Tata Capital consider RBI Upper layer NBFC, so they must have a list in the stock market by September 2025. Tata Capital, a business company as NBFC, was Rs 18,178 crore in the revenue financial year 2024, which is 34 % more than the previous year.

The company’s loan book has increased to more than Rs 1 lakh crore with a gain of 40 percent and the profit has also reached a record high of Rs 3,150 crore. The company’s performance was good in the first half of FY 2025. During this period, the company’s profit increased by 21 percent to Rs 1,825 crore.

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