Tata Capital IPO – Issue Dates, Price, GMP, and details

The company Tata Capital is launching the financial world’s largest IPO in 2025 in India. Tata Capital is a non-banking financial company (NBFC), a subsidiary of Tata Sons Private Limited and a Tata Group company. Tata Capital is launching its IPO through the NSE and BSE.

In this detailed article, we will deep dive into the company’s business model and financials, as well as important dates related to the IPO.

Tata Capital IPO: Some Key Terms and Timeline

Here are the most important details of the Tata Capital IPO:

Parameters	Details
IPO Open Date	6 October 2025
IPO Close Date	8 October 2025
Issue Price range	₹ 310 to ₹ 326 per equity share
Face Value	₹10 per share
Lot Size	46 shares per lot
Total Issue Size	₹ 15,511.87 crore (fresh + OFS)
Fresh Issue	₹ 6,846 crore (21 crore equity shares)
Offer For Sale	₹ 8,665.87 crore (26.58 crore shares)
Promoter / Seller Shares	Tata Sons to offload  23 crore shares; IFC to offload 3.58 crore shares.

Tata Capital is preparing to launch its initial public offering (IPO) to raise ₹15,511.87 crore from investors. The issue will consist of an issue of 21crore new/fresh shares, which is a total of  ₹6,846.00 crore, and an offer for sale (OFS) of 26.58 crore shares, which is a total of ₹8,665.87 crore.

The Tata Capital IPO price band is set at ₹310 to ₹326 per share. The lot size for applications is 46 shares per lot, with a minimum investment of ₹14,996 per lot (46 shares).

Tata Capital IPO GMP(Grey Market Premium)

The Grey Market Premium of the Tata Capital IPO is ₹ 21 per share as of 3 October 2025, giving an estimated listing price of ₹ 347, which implies a listing gain of about 6.44 % over the upper band of ₹ 326. Let’s look up the previous day’s GMP of the Tata Capital IPO.

Date	GMP	Est. Listing Price	Listing Gain
3, OCT	21	6.44%	347
1, OCT	19	5.82%	345
30, SEP	28	8.58%	354
29, SEP	31	9.50%	357

Tata Capital IPO Important Timelines

The Tata Capital IPO is open for subscription from October 6, 2025, and will close on October 8, 2025. The allotment for the Tata Capital IPO is expected to be finalized on October 9, 2025. The Tata Capital IPO is expected to be listed on both the BSE and NSE exchanges, with a tentative listing date of October 13, 2025.

IPO Open Date	Mon, 6 October 2025
IPO Close Date	Wed, 8 October 2025
Allotment Date	Thu, 9 October 2025
Initiation of Refund	Fri, 10 October 2025
Shares Credit to Demat	Fri, 10 October 2025
Listing Date in Exchange	Mon, 13 October 2025

Tata Capital IPO Lot Sizes

Tata Capital is raising ₹15,511.87 crore from investors through the financial markets. Retail investors can bid for a minimum of 46 shares (1 lot) in the IPO. Tata Capital is raising ₹15,511.87 crore from investors through the financial markets. Retail investors can bid for a minimum of 46 shares (1 lot) in this IPO. As with every IPO, there are minimum and maximum investment limits for individual investors (retail) and high net worth investors (HNIs) in terms of shares and amount. Let’s take a look at the amounts set for different investor slabs.

Application	Lots	Shares	Amount
Retail (Min)	1	46	₹ 14996
Retail (Max)	13	598	₹ 1,94,948
S-HNI (Min)	14	644	₹ 2,09,944
S-HNI (Max)	66	3,036	₹ 9,89,736
B-HNI (Min)	67	3,082	₹ 10,04,732

If you want to learn about the types of investments in India – Learn Here

Investor category and allocation

Qualified Institutional Buyers (QIBs):  50% ( 23.7 crore shares reserved)  Non-Institutional Investors (NIIs/HNIs): 15% (7.12 crore shares reserved) Retail Individual Investors (RIIs): 35% (16.6 crore shares reserved)    Employee Quota: 0.25% (12 lakh shares reserved)

What is Tata Capital?

Tata Capital is a non-banking financial company (NBFC), a subsidiary of Tata Sons Private Limited and a Tata Group company. Tata Capital is engaged in the business of lending; it pools funds from investors and lends them to various borrowers. The company primarily lends in the following categories: retail finance (approximately 61%), SME finance (26.2%), and corporate finance (12.5%). It offers a comprehensive portfolio of over 25 products, such as home loans, personal loans, vehicle finance, corporate finance, insurance distribution, wealth management, and private equity funds, serving over 7.3 million customers.

Tata Capital Financial

Tata Capital is generating substantial profits from its large operations. The Tata Group is India’s most trusted company, so it doesn’t need to spend much on raising funds from customers because of its trusted brand. Tata Capital Limited’s revenue grew by 56% and profit after tax (PAT) by 10% between the fiscal years ended March 31, 2025, and March 31, 2024. Let’s look at the Consolidated financial data of the company for the last 3 years.

Periods Ended	31 March 2025	31st March 2024	31st March 2023
Total Income	28,370	18,198	13,638
Profit After Tax	3,655	3,327	2,946
Net Worth	32,587	32,540	17,959
Total Assets	2,48,465	1,76,693	1,35,626
Total Borrowing	2,08,414	1,48,185	1,13,335
Reserve and Surplus	24,299	18,121	11,899

Based on total loans, the Company is India’s third largest diversified NBFC, with gross loans growing at a compound annual growth rate (CAGR) of 37.3% from ₹1,20,198.6 crore in FY23 to ₹2,26529.0 crore in FY25. This reflects the Company’s rapid expansion and market capture.

The company has demonstrated a consistent track record of profitability, with profit after tax increasing from ₹3,029.3 crore in FY23 to ₹3,684.66 crore in FY25. This financial performance has been complemented by a healthy return on equity, which is 12.6% in FY25.

Should You Apply for Tata Capital IPO?

If you’re a retail investor, Tata Capital’s IPO is best suited for you. You can apply for the IPO, but do so at your own risk and only after proper information and analysis of the company. Understand why it’s best suited for retail investors –                                                                     35% of the shares are reserved for retail investors, which will be issued with the IPO.                                                                                                                                      Tata Group companies have a strong brand value in India. People trust them and their products.                                                                                                                      It has a diversified business model.                                                                                             This stock is expected to see listing gains in the short term.

The Conclusion

Tata Capital’s IPO is a historic opportunity for Indian investors, not only because it is the largest IPO of 2025, but also because it comes from the Tata Group, a house synonymous with trust and reliability. With strong fundamentals, a diversified portfolio, and the benefits of being part of India’s most prestigious conglomerate.

 You can invest in its IPO, but do so at your own risk, after thoroughly researching the company, analyzing its financial reports, and its business model. Short-term investors may see modest gains from the listing, while long-term investors may benefit from the company’s continued growth in financial services.