Tata Capital IPO: GMP, Allotment Date, Price Band & Investor Guide

Tata Capital IPO: Key Highlights

• IPO Dates: October 6 – October 8, 2025
• Allotment Date: October 9, 2025; Expected Listing: October 13, 2025
• Issue Size: ₹15,512 crore (Fresh Issue: ₹6,846 crore; OFS: ₹8,666 crore)
• Price Band: ₹310 – ₹326 per share (Face value: ₹10)
• Lot Size: 46 shares (~₹14,996 minimum investment at upper band)
• Post-issue Market Cap: ~₹1.31 – ₹1.38 lakh crore

Business Overview

• Tata Capital is one of India’s leading NBFCs with a diversified portfolio in retail, SME, and corporate lending.
• Assets Under Management (AUM): ~₹2.33 lakh crore (as of June 2025).
• Strong presence via 1,500+ branches and digital platforms.
• Green finance portfolio growing rapidly (~₹18,000 crore in clean-energy book).

Financial Snapshot

Strengths

• Backed by the Tata Group with strong brand credibility.
• Diversified lending portfolio with consistent AUM growth.
• Better asset quality vs. many NBFC peers.
• Attractive IPO pricing (significant discount to unlisted market price).
• Strong institutional interest – raised ₹4,641 crore from anchor investors, including LIC.

Risks & Concerns

• High exposure to unsecured loans (>20% of loan book).
• Legal and contingent liabilities are disclosed in RHP.
• Lower margins and ROE compared to peers.
• Sensitive to macroeconomic cycles and interest rate changes.
• Recent fall (~30%) in unlisted shares raises caution.

Market Sentiment

• Analysts expect moderate listing gains (~5–7%).
• A large issue size could test overall market liquidity.
• Long-term prospects are tied to execution, digital growth, and credit quality.

Disclaimer
This analysis is for informational purposes only and does not constitute investment advice. IPO investments carry market risks, including potential capital loss. Investors should conduct independent research and consult financial advisors before investing.