Tata Capital to launch $2B IPO in Sept: PTI
Tata Capital Limited, a subsidiary of Tata Sons Private Limited and a leading financial services company, is set to launch a $2 billion Initial Public Offering (IPO) in September 2025. The company, which has been identified as an upper-layer Non-Banking Financial Company (NBFC) by the Reserve Bank of India (RBI), is expected to list its equity shares on the exchange within three years of its identification [1].
The IPO is anticipated to be one of the largest in India this year, with the company planning to raise funds through a fresh issue of 21 crore shares and an Offer for Sale (OFS) of 26.58 crore shares. The total issue size is expected to be over ₹17,000 crores (approximately $2 billion) [1].
Tata Capital Limited, established in 2007, serves over 70 lakh customers and offers a comprehensive range of financial services, including consumer finance, commercial finance, and asset finance. The company has a strong presence in both urban and rural markets, with a focus on providing innovative and customer-centric financial solutions [1].
The IPO proceeds will be used to strengthen the company's capital base and support its growth initiatives. The funds will be allocated to various areas, including technology and software upgrades, expansion of its customer base, and strengthening its market position [1].
The IPO is expected to be a significant event for investors, providing an opportunity to gain exposure to a well-established financial services company with a strong track record of growth and innovation. However, investors should carefully evaluate the risks associated with the IPO, including market conditions, regulatory environment, and the company's financial health [1].
References:
[1] Lenskart or Tata Capital: Which is Going to Be the Next Big IPO in India. (2025, August 29). IndiaIPO. Retrieved from https://www.indiaipo.in/news/detail/lenskart-or-tata-capital-which-is-going-to-be-the-next-big-ipo-in-india
Comments
No comments yet