Tata Capital IPO – Company, Price, Lot Size & Events Explained

After months of speculation, Tata Capital IPO is finally on its way. If you’re tracking India’s financial market, this is one of the most anticipated public offerings this year. Here’s a simple, clear breakdown of what you should know about the company, its IPO details, price expectations, lot size, and important events.

About the Company – What is Tata Capital?

Tata Capital Limited is a financial services company under the umbrella of Tata Sons. Founded in 2007, it has grown steadily over the years, offering a wide range of financial products. These include personal loans, business loans, home loans, wealth management services, and more. The company is registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit Taking NBFC (Non-Banking Financial Company).

Its operations cover retail, corporate, and infrastructure finance, and it’s seen as a trusted name, thanks to the backing of the Tata Group. As of FY24, Tata Sons holds over 93% of the company.

IPO Highlights – What’s Being Offered?

The Tata Capital IPO is a mix of a fresh issue of shares and an offer-for-sale (OFS). In simple terms, this means the company is both raising new capital and allowing existing shareholders to sell a portion of their holdings.

Here’s a quick snapshot of the offer:

• Total IPO size: Around ₹17,200 crore
• Fresh issue: Approximately 21 crore equity shares
• Offer-for-sale: Around 26.58 crore shares, including a large chunk from Tata Sons and some from International Finance Corporation (IFC)

This IPO is being brought to market to comply with the RBI’s directive, which requires all large NBFCs classified as ‘upper layer’ to be listed before September 30, 2025.

Expected Price Band and Valuation

The exact price band hasn’t been officially declared yet. However, analysts expect it to be around ₹281 per share. This estimate comes from a recent rights issue conducted by the company at the same price. If this pricing holds, it would give Tata Capital a valuation close to ₹1.5 lakh crore.

Lot Size and Retail Participation

While the final lot size is yet to be confirmed, it is expected to follow standard norms, possibly ranging between 50-60 shares per lot for retail investors. Once the official IPO document (RHP) is released, more clarity will be available on the minimum investment and lot size.

Important Dates and Timeline

Here are some important events related to the Tata Capital IPO:

• February 2025: Board approved the IPO plan and a rights issue
• April 2025: Tata Capital filed a confidential draft with SEBI
• June 2025: SEBI approved the IPO
• Expected Listing: Likely before September 30, 2025

The exact dates for IPO opening and closing are yet to be announced, but market participants expect the launch to happen anytime soon, possibly in late July or early August 2025.

Company Performance and Financials

Tata Capital has shown solid growth in recent years. In FY24, the company recorded a revenue of ₹28,313 crore and a profit after tax of ₹3,655 crore. Its strong balance sheet and wide customer base make it a stable player in the financial services space.

What Makes This IPO Noteworthy?

This is the first major IPO from the Tata Group in a long time. It also fulfills a regulatory requirement while offering retail and institutional investors a chance to be part of a growing NBFC backed by one of India’s most respected business houses.

Disclaimer

This article is meant for informational purposes only. Details like price band, lot size, and exact dates will be confirmed once the final IPO document is released. Please consult with your financial advisor before making any investment decisions.