Tata Capital IPO: Tata Group’s non-banking financial company (NBFC) arm completed its anchor investor round on Friday, 3 October 2025. The company raised ₹ 4,642 crore from the anchor investors ahead of its initial public offering (IPO).
Tata Capital allocated a total of 14,23,87,284 or more than 14.23 equity shares with a face value of ₹10 apiece to the anchor investors at an allocation price of ₹326 per share, the company informed BSE through a filing.
Out of the total anchor allocation for the public issue, equity shares were allocated to 18 domestic mutual funds through a total of 59 schemes.
Life Insurance Corporation of India (LIC), HDFC Mutual Fund, ICICI Prudential Mutual Fund, Morgan Stanley, Custody Bank of Japan, Goldman Sachs, Nomura India, Axis Mutual Fund, Government Pension Fund Global, Edelweiss Mutual Fund, Kotak Mutual Fund, SBI Life Insurance, and Baroda BNP Paribas were among the marquee investors who invested in the anchor round of the public issue.
LIC at 15.08%, Morgan Stanley Investment Funds Asia at 3.15%, Nomura India at 3.77%, Government Pension Fund Global at 2.69%, Morgan Stanley Institutional Growth Fund at 2.54%, and HDFC Trustee Co. Ltd at 1.89% were among the top allocations for the anchor round.
Tata Capital IPO latest GMP
As of Friday, 3 October 2025, the grey market premium (GMP) of the Tata Capital IPO stood at ₹20 per share. With the upper price band of the initial public offering (IPO) at ₹326 per share, the company shares are expected to be listed at ₹346 apiece, marking a listing premium of 6%.
The grey market premium (GMP) is the investors’ willingness to pay more for a primary issue in the stock market.
Tata Capital IPO details here
Tata Capital is offering a book-built issue comprising a fresh issue of 21 crore equity shares, along with an offer-for-sale (OFS) component of more than 26.5 lakh equity shares, amounting to a total issue of 47,58,24,280 shares for the investors.
The company fixed the price band of the range of ₹310 to ₹326 per equity share with a face value of ₹10 per share. The IPO has a lot size of 46 equity shares per lot.
The company plans to use the proceeds raised from the Indian stock market to strengthen the firm’s Tier-1 capital, which is essential for meeting future capital requirements, particularly for lending activities.
Shares of the IPO are estimated to be allotted to the bidders on Thursday, 9 October 2025, while the company shares are expected to be listed on the benchmark indices on Monday, 13 October 2025.
Kotak Mahindra Capital Company Limited, Axis Capital Limited, BNP Paribas, Citigroup Global Markets India Private Limited, and HDFC Bank Limited are the book-running lead managers of the public issue, while MUFG Intime India Private Limited (formerly Link Intime India Private Limited) is the registrar of the offer.