Tata Capital IPO

Tata Capital Ltd. is launching a book-built IPO of Rs 15,511.87 crores, comprising a fresh issue of 21 crore shares worth Rs 6,846 crores and an Offer for Sale of 26.58 crore shares worth Rs 8,665.87 crores. The IPO opens on October 6, 2025, and closes on October 8, 2025, with allotment expected on October 9, 2025. Shares will list on BSE and NSE on October 13, 2025. The price band is Rs 310–326 per share, with a lot size of 46 shares requiring a minimum retail investment of Rs 14,996. Kotak Mahindra Capital is the lead manager.

Tata Capital IPO Details

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

IPO Price

₹ 326

Price Band

₹ 310 - 326

Issue Size

15511.87 Cr.

Issue Type

Book Built

Open

2025-10-06

Close

2025-10-08

Listingprice

₹ 330

ListingGain

1.23%

Listing Date

2025-10-13

CMP

₹ 324.15

Current Return

-0.57%

Company Financials

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

Tata Capital IPO Details

The details about the Tata Capital IPO are as follows:

  • The issue size of the IPO is Rs 15,511.87 Cr.
  • The price band for Tata Capital IPO is Rs 310 to Rs 326.
  • The shares of Tata Capital IPO will list on BSE and NSE.
  • The latest tentative GMP of Tata Capital IPO is Rs 7.
  • The shares of Tata Capital IPO are subscribed 1.96 Times.

 

Tata Capital IPO Valuation

The approximate valuation of Tata Capital IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 326
Existing Shares (Qty) 403.48 Cr
Fresh Issue Rs 6846 Cr
Market Cap Rs 138380.48 Cr
EPS (FY25) Rs 9.3
PE Ratio 35.05x
Industry PE 26.6x

 

Tata Capital IPO Issue Size

Tata Capital IPO issue size is Rs 15,511.87 Cr.

Issue Amount
Fresh Issue Rs 6846 Cr
Offer For Sale Rs 8665.87  Cr

 

Tata Capital IPO Market Lot

An individual can apply for a minimum of 1 lot of 46 shares and a maximum of 13 lots (598 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 46 Rs 14,996
Retail Maximum 13 598 Rs 1,94,948

 

Tata Capital IPO Share Offer

The shares of Tata Capital IPO are subscribed 1.96 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Tata Capital IPO GMP (Grey Market Premium)

As on GMP (Tentative)
6 October 2025 Rs 13
7 October 2025 Rs 8
8 October 2025 Rs 7

Tata Capital IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Tata Capital IPO Dates

Find below the dates for Tata Capital IPO

Schedule Date
Basis of Allotment 9 Oct 2025
Refunds 10 Oct 2025
Credit to Demat Account 10 Oct 2025
IPO Listing Date 13 Oct 2025

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

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Other Income 82.48 78.25 3 40.53 65.43
Interest 255.13 289.7 4578.76 6688.05 10951.4
Exceptional Items 0 0 0 0 0
Profit Before Tax 63.03 102.95 3049.31 3208.63 3375.38
Tax 16.36 19.85 728.21 716.18 781.1
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
Other N/C Assets 10.63 60.55 38.79 199.62 411.49
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

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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