Tata Capital IPO is set to be one of the most anticipated public offerings of 2025. With the bidding window opening in early October, investors are keen to know all details from issue size to listing dates, grey market premium (GMP), and Tata Capital’s financial performance.
Tata Capital IPO Overview
Tata Capital, a subsidiary of Tata Sons, is a leading diversified non-banking financial company (NBFC) in India. The company filed its draft red herring prospectus (DRHP) with SEBI on 26 September 2025, signaling its intent to go public. This IPO marks a significant move as Tata Capital prepares to meet the Reserve Bank of India’s (RBI) deadline for public listing for upper-layer NBFCs.
Tata Capital IPO Issue Size
The Tata Capital IPO size is estimated at ₹17,200 crore, including both fresh issue shares and offer-for-sale (OFS) shares:
- Fresh Issue: Up to 210 million shares
- OFS by Tata Sons: Up to 230 million shares
- OFS by IFC: Up to 35.82 million shares
This makes it one of the largest public issues in 2025.
Tata Capital IPO Key Dates
Here’s a quick glance at the Tata Capital IPO expected dates:
- IPO Opening: 6 October 2025
- IPO Closing: 8 October 2025
- Share Allotment: 9 October 2025
- Refunds & Share Credit: 10 October 2025
- Listing on NSE & BSE: 13 October 2025
Investors can track the allotment through MUFG Intime India, the IPO registrar, with Kotak Mahindra Capital acting as the book-running lead manager.
Tata Capital IPO GMP
The grey market premium (GMP) for Tata Capital shares ranges between ₹25-₹31 as of 27 September 2025. This indicates positive investor sentiment ahead of the public offering.
Tata Capital IPO Share Price & Investment Banks
While the final Tata Capital IPO price band is yet to be announced, major investment banks like Kotak Mahindra Capital are guiding the offering. The IPO is expected to attract strong demand from both retail and institutional investors.
Tata Capital Business Model & Peers
Tata Capital offers over 25 lending products and services a wide customer base, including salaried and self-employed individuals, small businesses, and corporates. The company operates through 1,496 branches across 27 states and union territories.
Peers in the financial sector include:
- Bajaj Finance
- Shriram Finance
- Cholamandalam Investment & Finance
- L&T Finance
- Sundaram Finance
- HDB Financial Services
Tata Capital Financial Performance
For FY25, Tata Capital reported:
- Total Income: ₹28,369.87 crore (up 56% YoY)
- Profit After Tax (PAT): ₹3,655.02 crore (up 9% YoY)
- Net Worth: ₹32,587.82 crore (up 38% YoY)
This strong financial track record adds confidence for potential investors in the Tata Capital IPO 2025.
Tata Capital IPO Objective
The funds raised from the IPO will be used to:
- Strengthen Tata Capital’s Tier-I capital base for future lending.
- Comply with RBI regulations, which mandate that upper-layer NBFCs must be publicly listed.
Tata Capital IPO Rights & Shareholder Quota
While the IPO details regarding shareholder quota and potential rights issue are not fully disclosed, retail investors are expected to get a significant portion of the issue as per SEBI guidelines.
Final Thoughts
The Tata Capital IPO 2025 is shaping up to be a major event in the Indian stock market. With a robust business model, strong financials, and strategic backing by Tata Sons, this IPO is expected to attract significant investor interest.
