- Price band
- To be announcedNot in this filing
- Issue size
- 47,58,24,280 sharesAmount set with price
- Face value
- ₹10per equity share
- Lot size
- To be announcedMin. investment shown once set
- Anchor biddingFri, 2025
- OpensMon, 2025
- ClosesWed, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 21,00,00,000 shares
- Offer for sale
- 26,58,24,280 shares
- Total issue
- 47,58,24,280 shares
- Face value
- ₹10
- Listing at
- NSE, BSE
- RHP date
- 26 Sept 2025
Source: Red Herring Prospectus dated 26 Sept 2025Updated
Reservation
Share of the total issue- Retail34.9%
- Anchor29.9%
- QIB ex-anchor19.9%
- NII15.0%
- Employees0.3%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 16,61,18,498 | 34.91% | 35% |
| Non-institutional investors (NII) | 7,11,93,642 | 14.96% | 15% |
| Qualified institutional buyers (QIB) | 23,73,12,140 | 49.87% | 50% |
| QIB, excluding anchor | 9,49,24,856 | 19.95% | — |
| Anchor investors | 14,23,87,284 | 29.92% | — |
| Employees | 12,00,000 | 0.25% | — |
Source: Red Herring Prospectus dated 26 Sept 2025Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2024-25, pre-issue- EPS (basic)
- ₹9.3
- EPS (diluted)
- ₹9.3
- RoNW
- 11.20%
- NAV per share (March 31, 2025)
- ₹79.5
- NAV per share (June 30, 2025)
- ₹82
- P/E (Industry peer average)
- 26.60×
- Price to book (Industry peer average)
- 4.10×
Source: Red Herring Prospectus dated 26 Sept 2025Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 30 Jun 20253 months | 31 Mar 2025FY 2024-25 | 30 Jun 20243 months | 31 Mar 2024FY 2023-24 | 31 Mar 2023FY 2022-23 |
|---|---|---|---|---|---|
| Revenue from operations | 7,664.81 | 28,312.74 | 6,546.28 | 18,174.82 | 13,628.85 |
| Total income | 7,691.65 | 28,369.87 | 6,557.40 | 18,198.38 | 13,637.49 |
| EBITDA | 5,565.86 | 20,338.22 | 4,272.63 | 14,247.76 | 10,763.22 |
| Profit after tax | 989.89 | 3,664.66 | 461.66 | 3,150.21 | 3,029.20 |
| Total assets | 2,52,254.28 | 2,48,465.01 | 2,18,737.44 | 1,76,693.98 | 1,35,626.10 |
| Total borrowing | 2,11,851.60 | 2,08,414.93 | 1,83,166.63 | 1,48,185.29 | 1,13,335.91 |
FY 2024-25 vs FY 2023-24: revenue +55.8%, profit after tax +16.3%. Periods shorter than 12 months are shown as reported and are not annualised.
Source: Red Herring Prospectus dated 26 Sept 2025Updated
About the company
A flagship financial services company of the Tata group, registered as an upper layer NBFC, offering a suite of 25+ lending products to retail, SME and corporate customers. It also distributes third-party insurance and credit cards, provides wealth management, and sponsors private equity funds.
- Incorporated
- 1991
- Industry
- Financial Services (NBFC)
- Sector
- Financial Services
- CIN
- U65990MH1991PLC060670
- Website
- tatacapital.com
Source: Red Herring Prospectus dated 26 Sept 2025Updated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Tata Sons Private Limited | Promoter | 88.60% | — | 23,00,00,000 |
| TMF Holdings Limited | Promoter group | 4.60% | — | — |
| Tata Investment Corporation Limited | Promoter group | 2.10% | — | — |
| International Finance Corporation | Selling shareholder | 1.80% | — | 3,58,24,280 |
Source: Red Herring Prospectus dated 26 Sept 2025Updated
Objects of the issue
| Purpose | Amount |
|---|---|
| Augmenting Tier-I capital base to meet future capital requirements, including onward lending | Set with price |
Source: Red Herring Prospectus dated 26 Sept 2025Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Flagship financial services company of the Tata group with a long group legacy.
- Third largest diversified NBFC in India by Total Gross Loans as per the CRISIL Report.
- Omni-channel distribution with 1,516 branches and extensive partner and digital network.
- Low asset-quality ratios with a AAA rating from four domestic agencies.
- Profitable since commencement of lending operations in 2007.
Risks
- Rising customer defaults could increase non-performing loans and credit costs.
- Unsecured loans form about a fifth of the loan book and carry higher credit risk.
- Provision coverage ratio has declined over the periods shown.
- Future capital requirements depend on growth and may require further capital if regulatory thresholds tighten.
- Net Proceeds deployment is based on management estimates and has not been independently appraised.
Source: Red Herring Prospectus dated 26 Sept 2025Updated
Contacts
Source: Red Herring Prospectus dated 26 Sept 2025Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
Source: Red Herring Prospectus dated 26 Sept 2025Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on NSE and BSE.
Frequently asked questions
When does the Tata Capital IPO open and close?
According to the Red Herring Prospectus, the issue opens on Monday, 6 October 2025 and closes on Wednesday, 8 October 2025. These dates are tentative.
What is the Tata Capital IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Tata Capital shares list?
On NSE and BSE.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Tata Capital IPO allotment status?
Search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.