The Tata Group has launched its latest public offering, the Tata Capital IPO, which is open for subscription until October 8, 2025. The price range for the IPO is set between ₹310 and ₹326 per equity share, and it will be listed on both the BSE and NSE. The non-banking financial company aims to raise ₹15,511.87 crore through this public offering, which comprises a combination of a fresh issue and an Offer for Sale (OFS). Currently, the shares are trading at a ₹13 premium in the grey market, down from an earlier premium of ₹20, although an increase is anticipated soon.
The total offering is valued at ₹15,511.87 crore, with ₹6,846 crore allocated for new shares and ₹8,665.87 crore reserved for the OFS. Interested investors can apply in lots, with each lot consisting of 46 shares. The allotment date is set for October 9, 2025, while the listing date is scheduled for October 13, 2025. MUFG Intime India Private Limited serves as the official registrar for the book build issue. The book-running lead managers include Kotak Mahindra Capital, BNP Paribas, Citigroup Global Markets India, HDFC Bank, HSBC Securities & Capital Markets (India), ICICI Securities, IIFL Capital Services, JP Morgan India, SBI Capital Markets, and Axis Capital.