The most-awaited initial public offering of the year, Tata Capital, was open to the public for bidding today.
With an issue size of Rs 15,512 crore, almost 39 per cent subscription was achieved on Day 1 of the IPO opening. Qualified Institutional Buyers subscribed 52 per cent, Non-Institutional Investors subscribed 27 per cent and Retail Individual Investors subscribed 33 per cent.
IPO details:
Tata Capital IPO will be open between October 6 and 8, 2025. Investors who are interested in applying for the IPO can bid for a minimum lot size of 46 shares for an investment of Rs 14,996. The price band for the IPO is set at Rs 310-326.
Tata Capital IPO opened today!
— Upstox (@upstox) October 6, 2025
Here's why it stands out - A 🧵
The allotment date is likely to be finalised by October 9 and the shares are scheduled to be listed on both NSE and BSE on October 13.
According to multiple media reports, the unlisted shares of the company were trading with nearly a 4 per cent grey market premium (GMP) over the IPO price.
About the firm:
Tata Capital Limited is the flagship financial services company of the Tata group and a subsidiary of Tata Sons Private Limited, identified by the RBI as a Non-Banking Financial Company-Upper Layer.
The company operates across retail finance, SME finance and corporate finance.
