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Tata Capital IPO: Tata Capital begins IPO roadshows, aiming to raise over Rs 17,000 crore.
Tata Capital kicks off roadshow for its much-awaited IPO.
Tata Capital IPO: IPO-bound Tata Capital has kicked off a series of institutional roadshows to engage with both global and domestic investors, sources told Moneycontrol. The move comes as the company gears up for its highly anticipated initial public offering, which is expected to be sized at over Rs 17,000 crore.
Tata Capital had earlier filed an updated confidential draft red herring prospectus (DRHP) for its much-anticipated initial public offering (IPO).
Tata Sons is expected to offload up to 23 crore shares in the offer for sale (OFS), while International Finance Corporation (IFC) may sell 3.58 crore shares. The IPO will also include a fresh issue of up to 21 crore shares.
The move is in line with the Reserve Bank of India’s directive requiring all ‘upper layer’ non-banking financial companies (NBFCs) to go public by September 2025.
Tata Group’s financial services firm Tata Capital has reported strong financial performance ahead of the listing. In the March 2025 quarter, the company’s consolidated profit after tax (PAT) surged 31% year-on-year to Rs 1,000 crore, while revenue from operations jumped nearly 50% to Rs 7,478 crore. For the full FY25, PAT rose to Rs 3,655 crore from Rs 3,327 crore in FY24, and total revenues climbed to Rs 28,313 crore from Rs 18,175 crore.
In April 2025, Tata Capital filed draft papers with markets regulator Sebi to launch its initial public offering. The draft papers for the $2-billion IPO was filed through a confidential pre-filing route.
At this size, the company is expected to be valued around $11 billion.
Tata Capital, identified by the Reserve Bank of India (RBI) as an upper-layer non-banking finance company (NBFC), has already secured board’s approval to proceed with the initial share sale.
Notably, Tata Sons, the holding company of Tata Capital, owns a 92.83 per cent stake in the company.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
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