Tata Capital Limited, part of the Tata Group, is one of India’s leading non-banking financial companies (NBFCs). The company offers a broad range of financial services — including retail, corporate, and institutional lending, wealth management, housing finance, and investment advisory — through its subsidiaries. Tata Capital has built a strong reputation for reliability, innovation, and customer trust across both retail and corporate segments.
Key Facts & Figures
| Particulars | Details / “Best Estimate” |
|---|---|
| IPO Name | Tata Capital Ltd IPO |
| Company Business | Diversified NBFC offering retail, SME, corporate, infrastructure financing, and non-lending services including wealth & advisory |
| IPO Type | Book Built Issue |
| Issue Size | ~ ₹15,511.87 cr (total, combining fresh issue and offer for sale) |
| Price Band | ₹310 to ₹326 per share |
| Face Value | ₹10 per share |
| Lot Size | 46 shares per lot |
| Minimum Investment (Retail) | ₹14,996 (46 × ₹326) |
| Lead Managers / Book Running Lead Managers | Kotak Mahindra Capital, Citigroup (Citi), possibly BNP Paribas, etc. (final list may include others) |
| Registrar | Possibly MUFG Intime India Pvt Ltd (not Kfin confirmed) |
| Grey Market Premium (GMP) | Media-reported numbers exist, but not confirmed; use with caution |
| Use of Proceeds | Augment Tier-1 capital, support lending growth, and general corporate purposes (as per fresh issue disclosures) |
Timeline & Important Dates
| Event | Date | Details |
|---|---|---|
| Anchor Investor Bidding | Friday, October 3, 2025 | Day for Qualified Institutional Buyers (QIBs) to bid. |
| IPO Opening Date (Subscription Start) | Monday, October 6, 2025 | The public bidding window opens. |
| IPO Closing Date (Subscription End) | Wednesday, October 8, 2025 | Last day to apply for the IPO. |
| UPI Mandate Deadline | Wednesday, October 8, 2025 (5:00 PM) | Final cut-off time to approve your IPO payment mandate. |
| Basis of Allotment Finalization | Thursday, October 9, 2025 | The final list of allotted investors is determined. |
| Initiation of Refunds | Friday, October 10, 2025 | Money is unblocked/refunded to applicants who were not allotted shares. |
| Credit of Shares to Demat A/c | Friday, October 10, 2025 | Shares are credited to the demat accounts of successful applicants. |
| IPO Listing Date | Monday, October 13, 2025 | The day the stock is officially listed on BSE and NSE. |
Financial Highlights (₹ in Crore)
| Financial Year | Revenue | Net Profit | ROCE | RoNW |
|---|---|---|---|---|
| FY 2023–24 | 15,850.30 | 3,128.70 | 12.85% | 15.42% |
| FY 2024–25 | 18,540.60 | 3,796.90 | 13.26% | 16.88% |
Investor Guide: Short-Term vs Long-Term
As a long-term investor, Tata Capital’s IPO is promising with its strong fundamentals, solid parentage (Tata Group), and stable profitability. The firm is in India’s rapidly growing financial services space with multiple revenue streams diversified across retail, corporate, and infrastructure lending.
Its foray into digital finance and the strong credit book position make it a gradual growth tale for long-term investors.
For short-term investors, the GMP direction looks appealing with indicating reasonable listing profits. But the valuation might be on the premium side, so the real post-listing performance would rely on general market sentiment and the NBFC sector view.
Tips Before Applying
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Check allotment chances: Retail portion and QIB interest will affect how many shares you might actually get.
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Understand your risk tolerance: Cyclical sector, regional concentration.
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Track peer comparisons: How do metrics like P/E, RoNW compare with other TMT/steel bar makers?
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Watch external factors: Steel raw material costs, government infrastructure policy, real estate demand.
Disclaimer:
- IPO Grey Market Premium (Dev Accelerator IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.