The wait is over! The IPO of Tata Capital is coming, know when it is getting open?

IPO Capital Tata: The IPO of Tata Capital, a Tata Group company, was waiting for investors for a long time, which is now going to end. This IPO will open for retail investors on 6 October. At the same time, anchor investors will be able to bid for this from October 3. The company on Friday submitted updated Red Herring Prospects (UDRHP) near the market regulator SEBI and the stock market.

According to this, the IPO will have a fresh issue of 210,000,000 equity shares of face value of Rs 10 per share. Apart from this, 265,824,280 shares will be sold through the Offer for Sale (OFS). In this way, there will be a transaction of 47.58 crore shares in total. Promoter Tata Sons Private Limited will sell its stake of 23 crore under the OFS Window. Apart from this, the International Finance Corporation (IFC) can also sell 3.58 crore shares. At present, Tata Sons holds 88.6 percent in Tata Capital, while IFC stakes 1.8 percent.

Financial sector’s largest IPO

The size of Tata Capital IPO is estimated at 17200 crores. Reports show that through this offer, the company is planning to raise from Rs 16,500 crore to Rs 17,500 crore. It is the largest IPO ever in the financial sector. If everything went right, it will be the second largest IPO in October 2024 after Hyundai Motor India’s IPO of $ 3.3 billion (Rs 27,870 crore). The Reserve Bank of India (RBI) has extended the deadline of Tata Group’s NBFC for listing its shares in the stock market.

GMP of Tata Capital IPO

Since the company has not yet told about the price band, its gray market premium (GMP) is not available at the moment. Only after the price band, its trend in its GMP will be known. However, according to Unlisted Zone and Sharekart.com, the company’s unlisted share is under pressure before the IPO. At present, the stocks are trading at the level of about Rs 735. Whereas in August they reached the level of Rs 1,125. That is, there has been a decline of 35 percent directly in them.

What do the company do?

The company’s portfallio, built in 2007, has more than 25 lending products today. Through this, it provides its services to more than 70 lakh customers. The company gives loans to small and medium businessmen (SME), corporate companies and individuals. It also provides insurance and credit cards. In addition to lending, wealth management and private equity funds also act in the manager and a sponsor manner. In the business year 2025, Tata Capital made a profit of Rs 3,655 crore, which was Rs 3,327 crore last year. In 2025, the company’s revenue also increased to Rs 28,313 crore against 18,175 crore in 2024.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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