Tata Capital conducted an IPO with bidding from October 6 to 8, and allotment occurred on October 9. The shares are set to list on October 13. The IPO saw substantial demand, being nearly twice oversubscribed. Initially, the grey market price began at ₹30 but has since decreased to approximately ₹3. The anticipated listing price is ₹329, slightly above the IPO range of ₹310 to ₹326. Tata Capital aims to raise over ₹15,000 crore, which will support its growth. Despite the low grey market price, many believe the company has strong future potential. Applicants can check their allotment status online ahead of the listing date.
