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Tata Group’s financial service company Tata Capital has opened up today i.e. October 6. This issue will be open for public subscription till 8 October.
Tata Capital wants to raise Rs 15,512 crore through IPO. Earlier, the company has raised Rs 4,641.8 crore from 135 anchor investors on 3 October.
This is the largest IPO of this year (2025). At the same time, last year Hyundai Motor India also has the second largest offer after IPO of Rs 27,859 crore.
Tata Capital releasing 21 crore new shares
Tata Capital is issuing 21 crore new equity shares in this IPO. While its promoters Tata Sons and Investors International Finance Corporation (IFC) together are selling 26.58 crore shares for offer-for-sales (offs). The post-money equity valuration of the company is expected to be around Rs 1.31 lakh crore.
Menium will have to invest from ₹ 14,996
The company has fixed a price band of ₹ 310 to 326 per share for this issue. According to the upper price band, retail investors can invest minimum for a lot 1 (46 shares) in it from Rs 14,996. At the same time, maximum can be applied for 13 lots. For retail investors, 35% share in this IPO is reserved.
LIC largest among the company’s anchor investors
On Friday, the company has sold 14.23 crore shares to 135 anchor investors at Rs 326 per share. LIC, the country’s largest insurance company among the anchor investors, is the largest investor, which has made a big investment in Tata Capital. LIC acquired 15.08% of the anchor portion of Rs 700 crore value at a price of Rs 326 per share.
Tata Sons’s 93% stake in Tata Capital
Tata Sons is the holding company of Tata Capital. It holds around 93% stake in Tata Capital. The rest of the Tata Group has other companies and trusts. Tata Capital has the status of Additional layer NBFC (Non Banking Financial Company) from Reserve Bank of India (RBI).
India’s third largest NBFC is Tata Capital
Tata Capital is India’s third largest diversified non-banking financial company (NBFC), with a total loan book of Rs 2,33,400 crore till June 2025. The company’s focus is on retail and SME customers, which accounts for 87.5% of its total loan. 80% of its loan book is secured and more than 99% of organic loans.
As of 31 March 2024, the company’s AUM was Rs 1.58 lakh crore. The company offers personal loans, home loans, loans for vehicles, loans for commercial vehicles and business loans. Apart from this, it also provides credit cards and digital loans.
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