Tata Capital IPO: Important Details You Must Know
Tata Group is bringing in another big IPO. Its financial institution that is not a bank, Tata Capital, is looking to raise ₹15,512 crore by making a public issue.
- Subscription dates: October 6 to October 8
- Anchor investor bidding: October 3
- Price band: ₹310 to ₹326 per share
- Expected market listing: October 13
10 Top Things About Tata Capital IPO
Share Sale Structure
- Number of shares offered: 47.58 crore
- Fresh issue: 21 crore shares
- Offer for sale: 26.58 crore shares
Promoter and Investor Holdings
- 88.6% stake held by Tata Sons
- 1.8% stake held by IFC (International Finance Corporation)
- 23 crore shares to be sold by Tata Sons
- 3.58 crore shares to be sold by IFC
Investor Quota Allocation
- 50% will be reserved for Qualified Institutional Buyers (QIBs)
- 35% will be allocated to Retail Investors
- 15% will be for Non-Institutional Investors (NIIs)
Use of Funds
- Proceeds will increase Tier-1 capital
- Funds will also address future capital requirements
RBI Listing Requirement
- RBI mandates upper-layer NBFCs to list within 3 years
- Tata Capital is conforming to this regulation
- HDB Financial and Bajaj Housing Finance have listed under this segment already
SEBI Approval Process
- Pre-filing route draft documents submitted in April 2025
- SEBI approval in July 2025
- This IPO will be the biggest post-Tata Technologies in 2023
Financial Performance
- Net profit (FY 2024-25): ₹3,655 crore
- Net profit (last year): ₹3,327 crore
- Revenue increased from ₹18,175 crore to ₹28,313 crore
Business Operations
- Began services in 2007
- Served 70 lakh customers as of March 31, 2025
- Provides loans to salaried, self-employed, MSMEs, and corporates
Other Services
- Offers insurance, credit cards, and wealth management
- Functions as an investment manager for private equity funds
Book Running Lead Managers
- Axis Capital
- Kotak Mahindra Capital
- PNB Paribas
- HDFC Bank
- HSBC Securities Capital Markets
- Citigroup Global Markets India
- ICICI Securities
- IIFL Capital Services
- SBI Capital Markets
- JP Morgan India
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