Tata Capital IPO
GMP, Subscription, Price, Dates & Financial Details
Finance - Nbfc
Tata Capital Limited (TCL), incorporated as a wholly owned subsidiary of Tata Sons Private Limited, is a diversified financial services company operating as a Non-Banking Financial Company (NBFC) in India. The company provides a broad range of financial products and services to retail, corporate,…
Open Date
Mon, 06 Oct 2025
Close Date
Wed, 08 Oct 2025
Price Band
₹ 310 – 326
Lot Size
46
Issue Size
₹ 15,511.87 Cr
Minimum Investment
₹ 14,996 (46 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Tata Capital IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹15,511.87 Crore, comprising a fresh issue of 21.00 Crore equity shares aggregating to ₹6,846.00 Crore and an offer for sale (OFS) of 26.58 Crore equity shares aggregating to ₹8,665.87 Crore by the existing shareholders.
The Tata Capital IPO remained open for subscription from October 06, 2025, to October 08, 2025. The basis of allotment was finalized on October 09, 2025, and the company's shares were listed on the NSE and BSE on October 13, 2025.
The company had fixed the price band at ₹310 to ₹326 per share, with a lot size of 46 shares. Retail investors were required to make a minimum investment of ₹14,996 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Citigroup Global Markets India Private Limited, IIFL Capital Services Limited, J.P. Morgan India Private Limited, ICICI Securities Limited, HDFC Bank Limited, Kotak Mahindra Capital Company Limited, Hsbc Securities & Capital Markets Pvt Ltd, Bnp Paribas, Axial Capital Private Limited, and SBI Capital Markets Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Tata Capital Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Tata Capital IPO Timeline (Tentative)
- IPO Open Date
- Mon, 06 Oct 25
- IPO Close Date
- Wed, 08 Oct 25
- Basis of Allotment
- Thu, 09 Oct 25
- Initiation of Refunds
- Fri, 10 Oct 25
- Credit of Shares to Demat
- Fri, 10 Oct 25
- Listing Date
- Mon, 13 Oct 25 — NSE & BSE
Open Date
06 October 2025
Close Date
08 October 2025
Basis Of Allotment
09 October 2025
Listing Date
13 October 2025
IPO Subscription
Check Live Subscription →The Tata Capital IPO has received bids for 65,12,30,648 shares against 33,34,36,996 shares offered, resulting in an overall subscription of 1.95x. the NII category is subscribed 1.98x, Retail Investors 1.1x, Employees 2.92x, and QIBs 3.42x. Within the NII category, BNII is subscribed 1.9x, while SNII is subscribed 2.14x.
QIB
3.42x
NII
1.98x
BNII
1.9x
SNII
2.14x
RII
1.1x
EMP
2.92x
Total
1.95x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,61,18,498 shares, representing 49.82% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,49,24,856 shares (28.47%), while Non-Institutional Investors (NIIs) receive 7,11,93,642 shares (21.35%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 94,924,856 | 28.47% |
| Non-Institutional | 71,193,642 | 21.35% |
| BNII | 47,462,428 | 14.23% |
| SNII | 23,731,214 | 7.12% |
| Retail Investors | 166,118,498 | 49.82% |
| Employees | 1,200,000 | 0.36% |
| Total | 333,436,996 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 252254.28 | 248465.01 | 176693.98 | 135626.1 |
| Revenue | 7691.65 | 28369.87 | 18198.38 | 13637.49 |
| Profit After Tax | 1040.93 | 3655.02 | 3326.96 | 2945.77 |
| Net Worth | 32761.73 | 32587.82 | 23540.19 | 17959.06 |
| Reserve & Surplus | 29260.88 | 24299.36 | 18121.83 | 11899.32 |
| Total Borrowings | 211851.6 | 208414.93 | 148185.29 | 113335.91 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Tata Capital Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 12.6 | 15.5 | 20.6 |
| Debt / Equity | 6.6 | 6.3 | 6.5 |
| RoNW % | 11.2 | 13.4 | 16.9 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Tata Capital Limited | 10 | 0.00 | 9.30 | 9.30 | 11.20 | 79.50 |
| Bajaj Finance Limited | 1 | 37.80 | 26.90 | 26.80 | 17.40 | 155.60 |
| Shriram Finance Ltd | 2 | 12.10 | 50.80 | 50.80 | 16.80 | 300.30 |
| L&T Finance Limited | 10 | 23.10 | 10.60 | 10.60 | 10.30 | 102.50 |
| HDB Financial Services Ltd | 10 | 28.10 | 27.40 | 27.30 | 14.60 | 198.80 |
About Tata Capital Limited
Tata Capital Limited (TCL), incorporated as a wholly owned subsidiary of Tata Sons Private Limited, is a diversified financial services company operating as a Non-Banking Financial Company (NBFC) in India. The company provides a broad range of financial products and services to retail, corporate, and institutional clients, addressing both lending and non-lending needs.
Key Business Segments & Offerings
- Consumer Loans: Personal loans, home loans, auto loans, education loans, and loans against property.
- Commercial Finance: Term loans, working capital finance, equipment financing, and lease rental discounting.
- Wealth Management: Portfolio management, investment advisory, and distribution of financial products.
- Investment Banking: Equity capital markets, mergers & acquisitions advisory, and structured finance solutions.
- Private Equity: Managing funds that invest in companies with high growth potential.
- Cleantech Finance: Financing and advisory services for renewable energy, energy efficiency, waste management, and water management projects.
Scale & Reach
As of March 31, 2025, TCL offers a comprehensive suite of 25+ lending products, catering to a wide customer base including salaried and self-employed individuals, entrepreneurs, small businesses, SMEs, and corporates.
The company has built a strong PAN-India presence with 1,496 branches across 27 States and Union Territories.
Non-Lending Businesses
In addition to lending, TCL operates in non-lending areas such as:
- Distribution of third-party products including insurance and credit cards
- Wealth management services for retail and high-net-worth individuals (HNIs)
- Private equity investments through dedicated funds
Competitive strengths - Flagship financial services company of the Tata group
- Third largest diversified NBFC in India, with the most comprehensive lending product suite
- Omni-channel distribution model, comprising our pan-India branch network, partnerships and digital platforms
- Prudent risk culture and robust credit underwriting and collections capabilities
- Digital and analytics at the core of our business
- Highest credit rating with a diverse liability profile
- Consistent track record of strong financial performance
- Experienced management backed by a team of dedicated professionals
Tata Capital IPO Promoters
- Tata Sons Private Limited
Promoters Holding
Holding Pre Issue
95.60%
Holding Post Issue
85.50%
Tata Capital IPO Objective
The Company Tata Capital IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Augmentation of our Company’s Tier – I capital base to meet our Company’s future capital requirements including onward lending
Tata Capital Limited Address / Contact Details
Tata Capital Ltd.
11th Floor, Tower A, Peninsula Business Park,
Ganpatrao Kadam Marg,
Lower Parel, Mumbai - 400013
Mumbai, Maharashtra, 400013
Phone: +91 022 6606 900
Email: investors@tatacapital.com
Website: https://www.tatacapital.com/
IPO Snapshot
Tata Capital IPO Lot Size
The Tata Capital IPO has a lot size of 46 shares. Retail investors require a minimum investment of ₹14,996 by applying for 1 lot (46 shares). The maximum application allowed for the retail category is 13 lots (598 shares), requiring an investment of ₹1,94,948.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 46 | 14,996.00 |
| Retail (Max) | 13 | 598 | 194,948.00 |
| S-HNI (Min) | 14 | 644 | 209,944.00 |
| S-HNI (Max) | 66 | 3,036 | 989,736.00 |
| B-HNI (Min) | 67 | 3,082 | 1,004,732.00 |
Issue Reservation
- QIB — 28.47%
- NII — 21.35%
- RII — 49.82%
- EMP — 0.36%
Book Running Lead Managers
- Citigroup Global Markets India Private Limited
- IIFL Capital Services Limited
- J.P. Morgan India Private Limited
- ICICI Securities Limited
- HDFC Bank Limited
- Kotak Mahindra Capital Company Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- Bnp Paribas
- Axial Capital Private Limited
- SBI Capital Markets Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Tata Capital IPO?
Tata Capital IPO is a Book-building IPO with a total issue size of ₹15511.87 crore. The Tata Capital IPO price band is ₹310 to 326 per share. The Tata Capital IPO subscription opens on Mon, Oct 6, 2025, and closes on Wed, Oct 8, 2025. The Tata Capital IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Tata Capital IPO.
When will the Tata Capital IPO open for subscription?
The Tata Capital IPO opens on Mon, Oct 6, 2025 and closes on Wed, Oct 8, 2025
What is Tata Capital IPO Price Band?
Tata Capital IPO Price Band is ₹310 to 326 per share.
What is Tata Capital IPO Lot Size?
Tata Capital IPO lot size is 46 shares, Retail investors need a minimum investment of ₹14996 based on the upper price band
What is the minimum investment for Tata Capital IPO?
The minimum investment for Tata Capital IPO is ₹14996, based on one lot of 46 shares at the upper price band of ₹326 per share.
How to apply for Tata Capital IPO?
Investors can apply for the Tata Capital IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Oct 8, 2025. The application amount remains blocked until the Tata Capital IPO allotment is finalized.
What is Tata Capital IPO Issue Size?
Tata Capital IPO issue size is ₹15511.87 crores.
What is the Tata Capital IPO Allotment Date?
Tata Capital IPO allotment date is Thu, Oct 9, 2025.
Who is the Tata Capital IPO Registrar?
The registrar for Tata Capital IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Tata Capital IPO allotment status, refund processing, and other IPO-related information.
What is the Tata Capital IPO GMP?
The Tata Capital IPO GMP (Grey Market Premium) is ₹2 as of Sat, Oct 11, 2025. Based on the upper price band of ₹326 per share, the estimated Tata Capital IPO listing price is ₹328, indicating a potential listing gain of approximately 0.61% over the issue price.
Who is the Tata Capital IPO Lead Manager?
The book-running lead managers (BRLMs) for the Tata Capital IPO are Citigroup Global Markets India Private Limited, IIFL Capital Services Limited, J.P. Morgan India Private Limited, ICICI Securities Limited, HDFC Bank Limited, Kotak Mahindra Capital Company Limited, Hsbc Securities & Capital Markets Pvt Ltd, Bnp Paribas, Axial Capital Private Limited, and SBI Capital Markets Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Tata Capital IPO Red Herring Prospectus (RHP).