The Tata Capital IPO, one of the biggest and most awaited IPOs of the year, has conveniently gained the focus of investor community and analysts with its strong fundamentals, good pricing, and strong market presence. Today is the last day to apply on the IPO and the expected listing date 13th October, 2025.
The IPO of Tata Capital is priced in the range of ₹310 to ₹326 per share, significantly below its earlier unlisted market levels, making it affordable for a wider group of investors. The minimum lot size for retail investors is 46 shares and a minimum investment of ₹14,996 at the higher price band. For small non-institutional investors (sNIIs), the minimum size of application is 14 lots, or 644 shares, worth ₹2,09,944, whereas big non-institutional investors (bNIIs) have to apply for a minimum of 67 lots, or 3,082 shares, worth ₹10,04,732.
| Category | Lot Size | Shares | Investment (Upper Band) |
| Retail | 1 lot | 46 | ₹14,996 |
| sNII | 14 lots | 644 | ₹2,09,944 |
| bNII | 67 lots | 3,082 | ₹10,04,732 |
The IPO subscription window opened on October 6, 2025, and will close today i.e. on October 8, 2025. The allotment basis will be determined by tomorrow on October 9, and the shares will list on both NSE and BSE on October 13, 2025.
As of October 8, 2025, the GMP of Tata Capital's IPO was ₹6, representing a moderate listing gain of about 1.84% over the cap price of ₹326 and an anticipated listing price of about ₹332. This subdued GMP depicts conservative investor sentiment given Tata Capital's good brand credentials and upbeat sector performance.
The IPO consists of a new issue of size ₹6,846 crore and an offer-for-sale (OFS) of size ₹8,665.87 crore, aggregating to ₹15,511.87 crore. IPO proceeds will be used for boosting the company's Tier-1 capital base and financing its future lending and growth plans.
By Day 2, the issue had seen 75% subscription, led by strong institutional and employee interest. Analysts continue to be optimistic about Tata Capital's long-term growth prospects, considering its diversified book, digital focus, and stable parentage.
In conclusion, Tata Capital's IPO is an opportunity to invest in one of India's top NBFCs at an attractive valuation, supported by solid fundamentals and the credibility of the Tata brand.
