Tata signage is disposable during the motorboat of the TATA EV charging hub successful Mumbai, India, connected September 9, 2025.
Indranil Aditya | Nurphoto | Getty Images
Shares of Tata Capital roseate 1.37% successful their trading debut Monday connected the National Stock Exchange and BSE, pursuing a ₹155.1 cardinal ($1.75 billion) archetypal nationalist offering.
Tata Capital's $1.75 cardinal IPO was fully subscribed past week aft a three-day bidding process. Overall request was strong, with full bids coming successful at astir doubly the shares available. Institutional investors led the interest, subscribing astir 3.4 times their allocation.
The IPO by the fiscal limb of the Tata Group was priced astatine ₹326 per share, the precocious extremity of its terms band.
Non-institutional bidders, including high-net-worth individuals, enactment successful astir doubly the reserved shares. Retail investors applied for astir 1.1 times their portion.
Domestic and planetary concern banks specified arsenic Kotak Mahindra Capital, Axis Capital, BNP Paribas and HDFC Bank were among the associated bookrunners.
Tata Capital, India's third-largest nonbank lender by revenue, offers a scope of fiscal services, including retail loans, tiny and mean endeavor financing, firm solutions and infrastructure lending.
India has been 1 of the world's astir vibrant IPO markets this year. The state recorded 146 IPOs that raised $7.2 cardinal successful the 3rd 4th this year, data from EY's latest planetary IPO report showed. This brought the nine-month full to 254 IPOs raising $11.8 billion, underscoring the extent of India's home superior markets.
LG Electronics India is scheduled to marque its trading debut Tuesday.
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