Tata Capital India IPO to include as much as 210m fresh shares
India's financial services sector is poised for a significant event with the upcoming Tata Capital India IPO. The company, a subsidiary of Tata Sons, is expected to offer up to 210 million fresh shares as part of its initial public offering (IPO) [1].
The IPO, which is anticipated to be one of the largest of the year, is aimed at raising ₹17,200 crore ($2.2 billion) [1]. The funds will primarily be used to bolster the company's capital base, which includes retail and SME lending, infrastructure finance, and wealth management services. This IPO marks a significant step in the Tata Group's broader ambitions in the financial services sector [1].
Tata Capital has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) and is expected to open for subscription in the mid-to-late August window [1]. Retail investors can apply for the IPO through the Net Banking (ASBA method) or through a stock broker (UPI method) from August 10 to August 14 [2].
The IPO is expected to open on August 15 and close on August 16, providing investors with a brief window to subscribe to the shares [2]. The company's strong financial performance and diverse service offerings have generated significant interest among investors, setting the stage for a robust IPO.
As India's primary market continues to show robust investor appetite, the Tata Capital IPO is set to be a key event in the August IPO calendar, which is expected to see a total value of over ₹28,000 crore ($3.5 billion) in IPOs [1]. This includes other notable companies such as Hero FinCorp, JSW Cement, and National Securities Depository Limited (NSDL), highlighting the diverse range of opportunities available in the Indian capital markets.
References:
[1] https://www.plindia.com/blogs/august-ipo-calendar-2025-tata-capital-herofincorp-nsdl-jsw/
[2] https://www.chittorgarh.com/ipo_news/tata-capital-ipo/2317
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