With an estimated issue size of up to INR 17,400 crore, Tata Capital’s public offer is set to become India’s fourth-largest IPO, following only LIC, Paytm, and Hyundai Motor India. As the Tata Group readies this monumental listing, here’s all the Tata Capital IPO Updates in one comprehensive, date-stamped timeline story.
Tata Capital IPO News
Tata Capital IPO News: Timeline of IPO Journey
Tata Capital IPO Latest News
Tata Capital IPO was subscribed 1.95 times. Almost every retail investor is expected to receive an allotment. The stock is scheduled to be listed on 13 October 2025.
Tata Capital IPO Date
Tata Capital is set to launch its USD 2 billion (₹17,000 crore) IPO in early October at a valuation of USD 18 billion. The issue will comprise 47.58 crore shares, with proceeds to boost Tier-1 capital and support lending growth.
Tata Capital IPO Valuation
Macquarie cautions on Tata Capital IPO, citing stretched valuations: FY25 ROE at 12% and ROA 1.7% lag peers like Bajaj Finance (ROE 19.2%, ROA 4.6%). Even at a 60% discount to the Tata Capital unlisted share price of INR 775 (IPO ~INR 300), the P/B ratio stands at 6.4x, higher than most NBFCs. With a 47.58 crore share issue, listing could reset unlisted valuations, impact sector-wide re-rating, and impose higher growth expectations across housing, auto, and SME segments.
20 August 2025: IPO Before September Deadline
- Tata Capital IPO is likely to be launched before the RBI deadline of 30 September 2025, according to a report by ET.
- The NBFC is currently conducting roadshows for the share sale.
13 August 2025: Board Approval for Tata Motors Finance Integration
- Tata Capital’s board approved the merger of Tata Motors Finance.
- INR 30,230 crore of loans and 353 branches added to Tata Capital’s portfolio.
- Asset quality challenges were introduced with the merger.
4 August 2025: Public Filing of UDRHP
- Tata Capital filed an updated DRHP with SEBI:
- Total equity shares offered: 47.58 crore (21 crore fresh issue + 26.58 crore offer for sale).
- expected IPO size: INR 15,464 to 17,400 crore, it could be the largest IPO of the year.
21 June 2025: Tata Capital IPO Approval
- SEBI approved the confidential DRHP.
5 April 2025: Filing Date of Tata Capital IPO
- Tata Capital filed its Draft Red Herring Prospectus (DRHP) with SEBI.
7 – 16 March 2025: Rights Issue Subscription
- Rights issue opened to shareholders at INR 281 per share and raised INR 1,504 crore.
Tata Capital IPO News: Board Approval & Rights Issue Announcement (25 February 2025)
- Tata Capital’s board approved the IPO plan along with an INR 1,504 crore rights issue to existing shareholders.
- Record date for rights issue set for 25 February 2025 to strengthen the capital base before IPO.
1 January 2024: Merger to Meet Listing Compliance
- Tata Capital Financial Services Limited and Tata Cleantech Capital Limited merged into Tata Capital Limited.
- This merger brought Tata Capital in line with RBI’s listing requirements and expanded its market presence.
September 2022: RBI Regulatory Mandate
- Tata Capital is designated as an “Upper Layer NBFC” by the RBI under its Scale-Based Regulatory Framework.
- RBI mandated all such NBFCs to list on stock exchanges by September 2025.
Tata Capital Latest News
- Loan Book Growth: From INR 1.2 lakh crore in FY23 to INR 1.98 lakh crore by March 2025, 37.3% CAGR.
- Digital Leadership: 97.8% of customers on-boarded in FY25 were digital, with significant AI-driven underwriting and collections efficiencies.
- Funding Strength: Tata Capital has AAA ratings and diverse debt sources, including a USD 400 million foreign currency bond (Jan 2025).
Read Also:
- Tata Capital IPO Size May Touch ₹17,400 Cr: Know More About IPO Price & Other Key Details
- Tata Capital IPO Price: Rights Issue Hints at INR 325-365 Per Share!
- Tata Capital IPO Gets Board Nod! Along With INR 1,500 Cr Rights Issue
- Tata Capital Files DRHP Via Confidential Route For Mega IPO
Tata Capital IPO Expected Date: What’s Next After Timeline
- IPO price band to be finalized, likely in late August or early September 2025.
- Investor roadshows and anchor investor placements.
- IPO open for retail and institutional investors.
Conclusion
This is a well choreographed journey by Tata Capital—from regulatory push, mergers, rights issue and regulatory filings to strategic readiness for one of India’s biggest financial sector IPO. The company has been in sync with RBI guidelines and has scale, digital capabilities and Tata brand strength. This IPO is going to be a big event for India’s credit and capital markets.
For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.