Tata Capital IPO subscribed 72% so far on day 2: Top 10 things investors shouldn’t miss

Tata Capital IPO: The initial public offer of non-banking financial company (NBFC) Tata Capital Ltd has secured 72% subscription so far on the second day of bidding on Tuesday, October 7.

The IPO got bids for 24,15,05,336 shares compared to 33,34,36,996 shares on offer, according to consolidated data available on the NSE website until 4:08 pm.

Tata Capital IPO: 10 key points to consider

• Tata Capital IPO subscription period: The initial share sale is live from Monday, October 6, to Wednesday, October 8.
• IPO offer structure: It is a fresh issuance of ₹6,846 crore as well as an offer for sale of shares aggregating to ₹8,665.87 crore. The total issue size is ₹15,511.87 crore.
• Tata Capital IPO price band: The price range has been set at ₹310 to ₹326 per share.
• Tata Capital IPO lot size: Retail investors can place bids for a minimum of 46 shares.
• Objectives: Fresh issue proceeds will be used to back the company's Tier-1 capital base, supporting future capital needs, including onwards lending. Under the OFS, Tata Sons will divest 23 crore shares, while the International Finance Corporation (IFC) will offload 3.58 crore shares.
• Book-running lead manager and registrar: Kotak Mahindra Capital, BNP Paribas, Axis Capital, HDFC Bank and Citigroup Global Markets India are the IPO's book-running lead managers, while MUFG Intime India is the registrar.
• Tata Capital IPO allotment date: The basis of allotment is likely to be finalised on October 9.
• Listing date: The listing of shares on the National Stock Exchange (NSE) and the BSE will take place on October 13.
• Promoter holding: The company's promoter, Tata Sons, holds a 95.6% stake, which will be reduced to 85.5% post-issue.
• Financials: The company's revenue from operations stood at ₹283,127.4 crore in the fiscal year 2025, while net profit was ₹36,550.2 crore.