There is a phase of fierce selling in the stock market these days. The effect of Trump’s tariff is being seen on the entire broker street. On Friday, the market’s major index Sensex broke 930.67 points to close at 75,364.69. Tata Capital, the finance company of the Tata Group, is going to bring its IPO amidst the market uproar. For this, the company has done secret filing with SEBI.
According to the report, Tata Capital wants to raise more than Rs 15,000 crore. The company’s IPO will be list in the market by September 2025. Tata Capital N. Under the leadership of Chandrasekaran, the Tata Group has filed an IPO of more than Rs 15,000 crore of Tata Capital near the market regulator SEBI through a confidential pre-filing route.
The Reserve Bank of India (RBI) has got the approval to bring the IPO to the register company Tata Capital as Additional-Lear Non-Banking Finance Company (NBFC), which can include a new issue and 2.3 crore equity shares through the offer of SAIL (Offs) towards some existing shareholders. According to RBI rules, Tata Sons and Tata Capital are considered an upper layer NBFC.
Company revenue
In FY 2024, Tata Capital has registered a revenue of Rs 18,178 crore. Which is 34% higher than FY 2023. The company’s loan book crossed Rs 1 lakh crore with 40% annual increase and the profit was Rs 3,150 crore. The profit in the first half of the current financial year has increased by 21% to Rs 1,825 crore.
What does the company do
Tata Capital is a major financial services company of the Tata group and a subsidiary of Tata Sons, trading as a non-banking financial company. The company is likely to be listed in the stock market by September 2025. However, no clear information has been given by the company regarding the filing.