Shares of Tata Investment Corporation Ltd. continued their sharp rally on Monday, September 29, climbing nearly 4% to ₹8,959.50. The stock has now jumped over 22% in just the last five trading sessions, driven by strong investor enthusiasm ahead of the Tata Capital IPO scheduled for next week.
The Tata Capital IPO, slated to open on October 6, 2025, is being seen as a landmark listing from the Tata Group’s financial services arm. The ₹-scale issue will comprise 47.58 crore shares, including a fresh issue of 21 crore shares and an offer-for-sale of 26.58 crore shares. The subscription window will run from October 6 to October 8, with allotment expected on October 9 and listing on October 13.
According to the draft prospectus, share allocation will be split across categories with 49.87% for QIBs, 14.96% for NIIs, 34.91% for retail investors, and 0.25% reserved for employees. Pricing details including the price band, issue size and lot size are yet to be announced.
Tata Capital, backed by promoter Tata Sons Private Ltd. (which currently holds 95.6% stake), operates as a diversified NBFC with businesses spanning consumer and commercial finance, wealth management, and investment banking. The upcoming IPO will dilute promoter holding, and the market is already factoring in the potential valuation uplift for Tata Investment Corporation, which holds exposure to group companies.
At the time of writing, Tata Investment Corporation shares traded at ₹8,959.50, up 3.39% today.
