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The Rs 15,512-crore IPO for Tata Capital closed on Wednesday with the issue subscribed nearly two times the ex-anchor offer size. Against 33.3 crore shares on offer at a Rs 310-326-per share, the demand for the company’s shares at the close of the bidding process was for 65.1 crore shares, translating to a total book…
Tata Capital Ltd’s initial public offering (IPO) was fully subscribed on Wednesday, the final day of bidding. The Rs 15,512 crore share sale drew bids for 45.85 crore shares against 33.34 crore shares on offer, a subscription of 1.38 times, according to NSE data till 1:36 PM IST.Among investors, the Qualified Institutional Buyers (QIBs) category…
Tata Capital GMP: The conservative GMP indicates investor wariness regarding immediate returns. (AI image) Tata Capital IPO: The initial public offering of Tata Group’s flagship financial services arm Tata Capital got a big thumbsup from brkokerages, with several positive reviews. Yet, the Grey Market Premium (GMP) has crashed to just 3%. The GMP is usually…
Tata Capital IPO Day 1: Tata Capital’s much-awaited Rs 15,512 crore IPO, one of the biggest public offerings of 2025, opened for subscription on Monday, October 6 and will close on Wednesday, October 8. The price band has been set at Rs 310–Rs 326 per share, with a lot size of 46 shares (minimum investment…
MUMBAI: Tata Capital’s Rs 15,511 crore initial public offering (IPO) – the largest ever from the Tata group and also by any NBFC – will open on Oct 6. The IPO values the company at between Rs 1,31,591 crore and Rs 1,38,383 crore, based on the price band of Rs 310-326 a share. The issue…
MUMBAI: Tata Capital will open its initial public offering (IPO) on Oct 6, according to a stock exchange filing on Friday. The three-day issue will close on Oct 8, with the anchor investor bidding scheduled for Oct 3. Although the issue pricing has not been announced, it is expected to be the largest IPO in…
NEW DELHI: At least four large initial public offers (IPOs) are expected to mop up anywhere between $4 billion and $5 billion in a span of 45-60 days, starting early Oct.First up will be the Tata Capital issue, estimated to be of around Rs 17,000 crore, which is expected to open in the first week…
The International Finance Corporation (IFC) is poised to book hefty returns from Tata Capital’s upcoming $2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to partially exit its investment in the non-banking finance company.According to the updated draft red herring prospectus (DRHP), IFC will offload 3.58 crore shares in…
