Tata Capital IPO

Tata Capital, a flagship financial services subsidiary of the Tata Group, is India’s third-largest diversified NBFC with Rs 2,265.5 billion in gross loans (March 2025). It serves 7 million customers across retail, SME, and corporate finance, with 88.5% of loans focused on retail/SME segments. The company boasts strong asset quality (1.9% Gross Stage 3 loans) and a robust digital ecosystem, enabling 97.8% digital onboarding. With a AAA credit rating, it leverages a diversified funding mix and an omni-channel network of 1,496 branches. Beyond lending, Tata Capital offers wealth management, insurance distribution, and private equity (including Growth, Healthcare, and Decarbonization funds), supported by seasoned leadership.

Tata Capital IPO Details

Check out the issue details for Tata Capital IPO as disclosed in SEBI.

Price Band

Not Issued

Issue Size

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Issue Type

Book Built

Open

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Close

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Company Financials

You can get the following financial statements of Tata Capital as of now.

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 369.69 434.86 10170.97 13289.85 21886.3
Total Expenditure 126.74 113.36 2347.97 3190.03 7284.53
Operating Profit 242.95 321.5 7823 10099.82 14601.77
Other Income 82.48 78.25 3 40.53 65.43
Interest 255.13 289.7 4578.76 6688.05 10951.4
Depreciation 7.27 7.1 197.93 243.67 340.42
Exceptional Items 0 0 0 0 0
Profit Before Tax 63.03 102.95 3049.31 3208.63 3375.38
Provision for Tax 16.36 19.85 728.21 716.18 781.1
Net Profit 46.67 83.1 2321.1 2492.45 2594.28
Adjusted EPS (Rs.) 0.01 0.02 0.65 0.67 0.68

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 3516.17 3516.17 3560.12 3746.41 3799.93
Total Reserves 3412.61 3501.81 11181.36 15706.01 24298.91
Borrowings 3448.47 4090.29 78747.19 65012.36 89993.74
Other N/C liabilities 23.2 21.16 134.52 748.09 -160.06
Current liabilities 113 133.08 2918.44 38081.99 60926.01
Total Liabilities 10513.45 11262.51 96541.63 123294.86 178858.53
Assets
Net Block 37.59 35.43 589.56 998.16 1801.1
Capital WIP 0 0 1.15 4.08 1.28
Intangible WIP 0 0 8.55 3.07 12.29
Investments 9135.1 10139.97 12009.68 9330.73 9997.55
Loans & Advances 11.68 28.75 405.68 161.22 185.75
Other N/C Assets 1290.11 1035.65 80429.13 106636.54 156035.05
Current Assets 38.97 22.71 3097.88 6161.06 10825.51
Total Assets 10513.45 11262.51 96541.63 123294.86 178858.53
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 63.03 102.95 3049.31 3208.63 3375.38
Adjustment -85.43 -93.63 -4165.61 -4733.65 -6008.09
Changes in Assets & Liabilities -185.27 309.8 -18357.84 -26655.79 -21169
Tax Paid -29.25 -32.24 -807.46 -847.84 -1035.84
Operating Cash Flow -62.24 453.79 -16484.25 -23977.49 -17091.12
Investing Cash Flow -30.25 -1018.17 -1932.41 3189.38 2767.45
Financing Cash Flow 115.87 541.22 19412.88 23409.07 15984.54
Net Cash Flow 23.38 -23.16 996.22 2620.96 1660.87

Tata Capital IPO: Date, Share Price, Review & Details

Tata Capital Limited is the financial services arm of the Tata Group, one of India’s most respected and diversified conglomerates. The company operates as a non-banking financial company (NBFC) providing a broad spectrum of financial products and services, including retail and SME lending, commercial finance, wealth management, investment banking, and sustainable finance solutions. Tata Capital caters to individual customers, small and medium enterprises, and large corporations with a focus on technology-driven and customer-centric financial solutions.

Business Model and Operations

Tata Capital primarily earns income through interest on loans and advances and fee-based services including advisory, distribution, and financial product offerings. Its diversified portfolio includes housing loans, personal loans, auto loans, business loans, structured finance, and investment advisory. The company also operates Tata Securities and has initiatives in clean energy financing through Tata Cleantech Capital.

With a strong balance sheet, extensive asset base, and AAA credit rating, Tata Capital is positioned as a key player in India’s NBFC sector, with an asset under management (AUM) exceeding Rs 2.2 lakh crore as of FY25.

Tata Capital IPO Details

  • Tata Capital filed a Draft Red Herring Prospectus (DRHP) with SEBI in April 2025 with approval granted in June 2025.

  • The IPO is expected to launch in September 2025, with dates to be officially announced.

  • The issue involves up to 47.58 crore equity shares of face value Rs 10 each.

  • The IPO comprises a fresh issue to raise capital for the company and offer-for-sale (OFS) shares by existing shareholders.

  • Expected to be one of the largest IPOs in the financial services sector, targeting a size around Rs 17,200 crore.

  • Shares will be listed on NSE and BSE.

  • Lead managers include Kotak Mahindra Capital, Axis Capital, BNP Paribas, Citigroup, and HDFC Bank.

  • Registrar: MUFG Intime India Pvt. Ltd.

Use of IPO Proceeds

The proceeds will be used primarily to augment Tata Capital’s Tier-I capital base to support future lending operations and growth strategies, including expanding lending capacity especially in Tier I and Tier II cities.

Financial Performance

  • FY25 Revenue: ?28,370 crore (reflecting a 56% increase from the previous year)

  • FY25 Profit After Tax (PAT): ?3,655 crore

  • Total assets as of March 31, 2024: ?1,76,693 crore

  • Loan book stood at Rs 1.57 trillion, ranking Tata Capital among India’s top NBFCs.

What You’ll Find on This Page

  • Comprehensive financial statements, including profit and loss, balance sheet, and cash flow

  • Detailed prospectus information, pricing details, and issue size

  • IPO subscription status, Grey Market Premium (GMP), and analyst reviews

  • Allotment status and listing announcements once available

Frequently Asked Questions (FAQs) about Tata Capital IPO

Q1: When will Tata Capital IPO open?
The expected IPO launch is September 2025, with exact dates to be announced.

Q2: What is the expected IPO size?
Around Rs 17,200 crore combining fresh issuance and offer-for-sale shares.

Q3: What will the funds be used for?
Primarily to improve Tata Capital’s Tier-I capital to support future lending and growth.

Q4: Where will Tata Capital shares be listed?
On the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Q5: Who are the lead managers?
Kotak Mahindra Capital, Axis Capital, BNP Paribas, Citigroup, and HDFC Bank are among the key managing banks.

Q6: How to check IPO allotment status?
Post-IPO allotment status will be published on the registrar’s website and stock exchanges.

For the latest and most detailed updates on Tata Capital IPO share price, subscription status, listing, financials, and news, bookmark and frequently visit this page.

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