Tata Capital’s IPO worth Rs 15,512 crore commenced on Monday, October 6, 2025, and has garnered significant attention from investors. By 1:40 pm on the opening day, the IPO had achieved a subscription rate of about 25%, indicating cautious yet consistent market participation.
The shares are available in a price range of Rs 310 to Rs 326, with a minimum investment requirement of Rs 14,996 for retail investors. Prior to the IPO launch, Tata Capital had secured Rs 4,642 crore from anchor investors, with the Life Insurance Corporation (LIC) being the largest purchaser.
On the first day, the Grey Market Premium (GMP) stood at Rs 12.5, implying a potential listing price of around Rs 338.50, approximately 3.8% higher than the upper end of the price band. Investors are closely monitoring these early developments for potential listing gains.
The basis of allotment for the IPO is anticipated to be disclosed on October 9, 2025, and successful applicants are expected to receive their shares in demat accounts by October 10. The shares are tentatively set to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 13, 2025.
Analysts hold diverse opinions on the IPO. While Tata Capital’s robust financial performance and growth outlook are attractive for long-term investors, concerns exist regarding provisions for non-performing assets and changes in the company’s loan portfolio.
With robust backing from anchor investors, a healthy grey market premium, and steady initial subscription rates, the Tata Capital IPO is emerging as a prominent listing opportunity of the year, providing investors with a chance to engage with the financial division of the Tata Group.