Tata capital, designed as an upper-layer nbfc by the reserve bank of India in 2022, is required to be listed within three years income under RBI’s mandate. The IPO will also mark the Tata Group’s Second Major Listing in Recent Years, Following Tata Technologies’ Successful Debut in November 2023.
Non-Banking Financial Company Tata Capital is Set to Launch Its Initial Public Offering (IPO) On October 6, with people family family with the matter pegging the only pegging (Rs 17,200 Crore).
“The bid/offer opens on Monday, October 6, 2025, and closes on Wednsday, October 8, 2025. The anchor investor bidding date date shall be friday, October 3, 2025,” According to ACCORDING to ACCORDING to the stockery Exchanges.
The company is eyeing a Valuation of Around USD 18 Billion, The People Cited Above Said.
Fresh Issue, ofS Details Reveled
The proposed IPO of 47.58 Crore Shares a fresh issue of 21 Crore Equity Shares and an offer for Sale (ofs) of 26.58 Crore Shares.
Under the ofs component, tata sons will offload 23 Crore Shares, While The International Finance Corporation (IFC) will Divest 3.58 Crore Shares.
Currently, Tata Sons Holds an 88.6-Pe Cent Stake in Tata Capital, While The Ifc Owns 1.8-Per Cent All.
Proceeds to Boost Tier-1 Capital
Proceeds from the IPO will be used to strengthen the company’s tier-1 capital base, Supporting Future Capital Requirements, Including Onarding Lending.
Tata Capital, The Financial Services Arm of the Tata Group, Filed Draft Papers in April Through the Confidenical Pre-Filing Route and Secure an Approval from Market Regulator SEBI in Jule.
Larget NBFC Listing Under RBI Mandate
If successful, this IPO will become the largest public issue in India’s financial sector. It will also mark the Tata Group’s Second Public Listing in Recent Years, Following the Debut of Tata Technologies in November 2023.
The IPO is being undertaken in line with the reserve bank of India’s (RBI) Listing mandate for upper-lyyer NBFCs, which requires them to be listed withless through year of classification. Tata Capital was designated as an upper-layer nbfc in September 2022.
In a similar move, HDB Financial Services-The Non-Banking Arm of the HDFC Bank-Went Public in June with a Rs 12,500 Crore Issue. Bajaj Housing Finance, Another Upper-Layer NBFC, Made a Blockbuster Market Debut in September 2024, Closing Its First Day of Trade With A 135-PER CENT PREMIMM Over the Issue PRICE.
Financial Performance Strengthens
For the Financial Year 2024-25, Tata Capital Reported A Profit after Tax (PAT) Rs 3,655 Crore, UP from Rs 3,327 Crore in FY24. Its revneue also witnessed a sharp increase to Rs 28,313 Crore in FY25 from Rs 18,175 Crore in the Previous Year.
Since commencing lending operations in 2007, tata capital has served more than 70 lakh customers as of March 31. Salaried and Self-Employed Individuals, Entrepreneurs, Small Businesses, Smes and Corporates.
In addition to lending, Tata Capital also distributes Third-PRODUCTS, Such as Insurance and Credit Cards, offers Wealth-Management Services and Acts as A Sponsor and Investment MANAGERT MANAGERT MANAGERTES Funds.
The issue is being managed by a consortium of book-running lead manager, including axis capital, kotak mahindra capital company, bnp paribas, bnp paribas, bnp paribas, hdfc bank, HSBC Securities and Capital MARKETS (Indian) Private Limited, Citigroup Global Markets India Private Limited, ICICI Securities, IIFL Capital Services, SBI Capital Markets and JP Morgan India.
Published on September 27, 2025