Mumbai, October 8, 2025: Non-banking financial firm Tata Capital’s initial public offering (IPO) was subscribed 1.94 times by the close of the third and final day of bidding on Wednesday, October 8, 2025.
Subscription snapshot (as of Oct 8)
- Overall subscription: 1.94x
- QIB (Qualified Institutional Buyers): 3.42x
- NII (Non-Institutional Investors): 1.98x
- Retail investors: 1.07x
Issue structure
The IPO size is ₹15,511.87 crore, with a price band of ₹310–₹326 per share. The offer comprises:
- Fresh issue: ₹6,846 crore (to augment Tier-1 capital)
- Offer for Sale (OFS): ₹8,665.87 crore by promoter Tata Sons and investor International Finance Corporation (IFC)
Tata Capital says proceeds from the fresh issuance will strengthen its capital base and support future lending and growth plans. A trading lot for the IPO is 46 shares.
Tata Capital offers more than 25 lending products and serves a broad client base including salaried individuals, self-employed customers, SMEs and corporates.
Allotment and listing dates
- Basis of allotment: October 9, 2025 (finalisation date)
- Stock market debut (listing): October 13, 2025
How to check allotment status
On NSE
- Visit the NSE IPO allotment/check bids page.
- Choose Equity & SME IPO bid details.
- From the symbol list select TATACAP.
- Enter your PAN and application number.
- Submit to view status.
On BSE
- Go to the BSE IPO allotment lookup page.
- Select Equity as issue type.
- Choose Tata Capital Ltd.
- Enter your application number or PAN.
- Click Search.
On registrar (MUFG Intime India)
- Open MUFG Intime India’s public issue allotment page.
- Select Tata Capital Limited from the company list.
- Enter Application No / DP-Client ID / PAN / Account No & IFSC.
- Submit to check allotment details.
(Use the official NSE/BSE/registrar portals and your application details when checking allotment.)
Grey Market Premium (GMP)
Market chatter indicated unlisted shares trading around ₹332, implying a grey market premium of ~1.84% over the upper price band of ₹326. Note that GMP is an unofficial indicator of sentiment and is not regulated by exchanges or SEBI. Investors should treat it cautiously.
Who should consider this IPO
The issue targets investors seeking long-term exposure to an NBFC with a diversified lending portfolio. As always, investors should assess their risk profile and consult financial or tax advisors before subscribing.






