Tata Capital IPO to Open on October 6: Check Price Band, Lot Size, and More
The much-awaited Tata Capital IPO is finally set to open on October 6, 2025, following the company's filing of its red herring prospectus (RHP) on September 26, 2025. The bidding window for anchor investors is scheduled to open on Friday, October 3, 2025.
About Tata Capital Ltd IPO
- Issue Type: Bookbuilding IPO
- Sale Type: Fresh Issue and Offer for Sale
- Issue Structure: According to the RHP, the proposed initial public offering comprises 47.58 crore shares, aggregating to approximately ₹15,512 Crore, consisting of a Fresh Issue of 21 crore equity shares and an Offer for Sale (OFS) of 26.58 crore shares. As part of the OFS, Tata Sons will sell 23 crore shares, while the International Finance Corporation (IFC) will sell 3.58 crore shares.
- Price Band: The price band is set between ₹310 and ₹326 per share.
- Lot Size: 46 shares
- Minimum Investment Amount: ₹14,260 (46 shares) based on the lower price band.
- Subscription Period: The IPO will remain open for three trading days, from October 6, 2025, until October 8, 2025.
- Allotment & Listing: The basis of allotment will be finalised by October 9, 2025, and the tentative listing on BSE and NSE is scheduled for October 13, 2025.
- Book-running Lead Managers: Kotak Mahindra Capital Company Limited, Axis Capital Limited, BNP Paribas, Citigroup Global Markets India Private Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), J.P. Morgan India Private Limited and SBI Capital Markets Limited are the book-running lead managers for the Tata Capital IPO.
- Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited) is the registrar for the issue.
- Use of Proceeds: The company intends to use the IPO proceeds to augment the Company’s Tier-I capital base, thereby meeting its future capital requirements, including onward lending.
Tata Capital Ltd - Business Overview
Tata Capital Limited (TCL) is the flagship NBFC/financial services arm of the Tata Group, operating under Tata Sons Private Limited.
It was established in 2007 and has diversified into multiple verticals over the years, including consumer loans (such as home, auto, and personal loans), commercial & SME finance, cleantech/green financing, wealth products, investment banking/private equity, leasing services, and more.
Financially, for the quarter ended March 2025, Tata Capital Ltd saw a 50% increase in its revenue from operations. It increased YoY to ₹7,478 crore from ₹4,998 crore in the same quarter of FY24.
Similarly, consolidated profit after tax (PAT) increased 31% YoY to ₹1,000 crore from ₹765 crore in Q4 of FY24.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here