| Tata Capital IPO: Key Details You Shouldn’t Overlook | Tata Capital IPO Review |
| Tata Capital IPO SWOT Analysis | Tata Capital IPO Peer Comparison Analysis |
Tata Capital IPO Description – Tata Capital is the flagship financial services company of the Tata Group and a subsidiary of Tata Sons. The holding company of the group with a legacy of over 150 years. The company is the third largest diversified NBFC in India, with Total Gross Loans of INR 2,33,400 crore as of 30 June 2025, registering a CAGR of 37.3% between 31 March 2023 and 31 March 2025.
As of 30 June 2025, the company operated 1,516 branches across 27 states and union territories, supported by digital platforms and partnerships with DSAs, OEMs, and dealers. Employee strength stood at 28,813, serving a customer base of 7.3 million since the commencement of lending operations in 2007. Loan disbursements reached INR 34,714.28 crore during Q1 FY 2026, while annual disbursements in FY2025 were INR 1,42,301.68 crore, reflecting a year-on-year growth of 35.5%.
The merger with TMFL, effective May 2025, added 6,351 employees, 353 branches, and significantly expanded the Company’s presence in commercial and passenger vehicle financing. Post-merger, TMFL contributed 92.5% of commercial vehicle loans, 16.8% of car loans, and 12.8% of supply chain finance.
Promoters of Tata Capital – Tata Sons Private Limited
Table of Contents
Tata Capital Issue Details
| Tata Capital IPO Dates | 6 – 8 October 2025 |
| Tata Capital Issue Price | INR 310 – 326 per share |
| Fresh issue | 21,00,00,000 shares (INR 6,510 – 6,846 crore) |
| Offer For Sale | 26,58,24,280 shares (INR 8,240.55 – 8,665.87 crore) |
| Total IPO size | 47,58,24,280 shares (INR 14,750.55 – 15,511.87 crore) |
| Minimum bid (lot size) | 46 shares (INR 14,996) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Tata Capital Financial Performance
| FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 | |
| Revenue | 13,628.85 | 18,174.82 | 28,312.74 | 7,664.81 |
| Expenses | 9,847.63 | 13,794.78 | 23,448.73 | 6,308.91 |
| Net income | 3,029.20 | 3,150.21 | 3,664.66 | 989.89 |
| Margin (%) | 22.23 | 17.33 | 12.94 | 12.91 |
Tata Capital Offer News
- Tata Capital RHP
- Tata Capital DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
- Tata Capital IPO: Brokerages Overwhelmingly Bullish
- Will Tata Capital’s Growth Accelerate with Tata Motors Finance Merger?
- Tata Capital IPO: How India’s Third-Largest NBFC Makes Money?
- Tata Capital IPO Anchor Allocation
Tata Capital Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre-Issue) | FY 2025* (Post-Issue) | |
| EPS | 8.4 | 8.6 | 9.3 | 8.63 |
| PE Ratio | – | – | 33.33 – 35.05 | 35.92 – 37.78 |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 16.9 | 13.4 | 11.2 |
| NAV | 49.4 | 63.2 | 79.5 |
| ROE (%) | 20.6 | 15.5 | 12.6 |
Tata Capital IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Subject to Sauda |
| 11 October 2025 | 7 | 100 |
| 10 October 2025 | 7 | 100 |
| 9 October 2025 | 5 | 100 |
| 8 October 2025 | 8 | 200 |
| 7 October 2025 | 12 | 450 |
| 6 October 2025 | 8 | 300 |
| 4 October 2025 | 17 | 500 |
| 3 October 2025 | 21 | 700 |
| 1 October 2025 | 24 | 800 |
| 30 September 2025 | 28 | 800 |
| 29 September 2025 | 30 | 900 |
| 27 September 2025 | 30 | 900 |
Tata Capital Offer Objectives
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Augmentation of Tier – I capital base to meet future capital requirements including onward lending – 100%
Tata Capital IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Emp | Total |
|---|---|---|---|---|---|
| Shares Offered | 9,49,24,856 | 7,11,93,642 | 16,61,18,498 | 12,00,000 | 33,34,36,996 |
| 8 Oct 2025 | 3.42 | 1.98 | 1.10 | 2.92 | 1.95 |
| 7 Oct 2025 | 0.86 | 0.76 | 0.67 | 1.95 | 0.75 |
| 6 Oct 2025 | 0.52 | 0.29 | 0.35 | 1.10 | 0.39 |
Anchor investor portion of 14,23,87,284 shares is not included in these calculations.
Tata Capital – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | Revenue (Cr.) |
| Tata Capital | 37.78 | 8.6 | 11.2 | 28,312.74 |
| Bajaj Finance | 37.8 | 26.8 | 17.4 | 69,683.51 |
| Shriram Finance | 12.1 | 50.8 | 16.8 | 41,834.42 |
Tata Capital IPO Allotment Status
Tata Capital IPO allotment status is now available on MUFG Intime’s website. Click on this link to get the allotment status.
Tata Capital IPO Dates & Listing Performance
| IPO Opening Date | 6 October 2025 |
| IPO Closing Date | 8 October 2025 |
| Finalization of Basis of Allotment | 9 October 2025 |
| Initiation of refunds | 10 October 2025 |
| Transfer of shares to demat accounts | 10 October 2025 |
| Tata Capital IPO Listing Date | 13 October 2025 |
| Opening Price on NSE | INR 330 per share (up 1.23%) |
| Closing Price on NSE | INR 330.50 per share (up 1.38%) |
Tata Capital IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi – Subscribe for long term
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Aditya Birla Capital – Subscribe for long term
Ashika Research – Not rated
Choice Broking – Subscribe for long term
BP Wealth – Subscribe
Capital Market – Subscribe for long term
Canara Bank Securities – Subscribe
Cholamandalam Securities – Neurtal
Bajaj Financial – Not rated
Elite Wealth – Not rated
Lakshmishree Investment – Subscribe
Geojit –
GEPL Capital – Subscribe
Hem Securities – Subscribe for long term
ICICIdirect – Unrated
Mehta Equities – Subscribe for long term
Jainam Broking – Subscribe for long term
Kunvarji Finstock – Subscribe
Systematix Group – Not rated
Marwadi Financial – Subscribe
DRChoksey – Neutral
Nirmal Bang – Subscribe for long term
LKP Securities – Subscribe
SBI Securities – Not rated
Samco Securities – Subscribe for long term
SMC Global – 3/5
Swastika Investmart –
Ventura Securities – Subscribe
Tata Capital IPO Lead Manager
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
1st Floor, 27 BKC, Plot No. C – 27 “G” Block,
Bandra Kurla Complex, Bandra (East), Mumbai 400 051
Phone: +91 22 4336 0000
Email: [email protected]
Website: www.investmentbank.kotak.com
Tata Capital Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, Embassy 247, L.B.S. Marg,
Vikhroli West, Mumbai 400 083, Maharashtra
Phone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Tata Capital Contact Details
Tata CAPITAL LIMITED
11th Floor, Tower A, Peninsula Business Park,
Ganpatrao Kadam Marg, Lower Parel, Mumbai 400 013
Phone: +91 022 6606 9000
Email: [email protected]
Website: www.tatacapital.com
Tata Capital IPO FAQs
How many shares in Tata Capital IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Tata Capital Public Offer?
The best way to apply for Tata Capital public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the Tata Capital IPO GMP today?
Tata Capital IPO GMP today is INR 7 per share.
What is Tata Capital kostak rate today?
Tata Capital kostak rate today is INR NA per application.
What is Tata Capital Subject to Sauda rate today?
Tata Capital Subject to Sauda rate today is INR 100 per application.
How much shares reserved for tata group share hoders ?
As per my understanding and observation all IPOs are over priced either 100% or 1000%.
Listings are many IPOs below IPO Price
After listings many IPOs depreciate more than by 90% of IPO price.
In this IPO market more than 90% people are fraudsters.
SEBI has been warning investors time and again that they should be very cautious in investing in share market and IPOs. In this background , we should not doubt each and every IPO as fraud. Nobody should invest blindly without verifying full details of the Company offering IPO, the management, the past performance the Company if available etc.
Tata Capital’s much-anticipated Rs 15,512-crore IPO is priced at Rs 310-326 per share, significantly below its unlisted market value of Rs 735. ameya jaywant narvekar
SEBI should control the IPO Price mechanism as was done earlier . Nowadays everything left to the wisdom of investors which are often swayed by wrong GMP data and financials.
SEBI should control the IPO Price mechanism as was done earlier . Nowadays everything left to the wisdom of investors which are often swayed by wrong GMP data and financials.