Shares of Tata Investment Corporation Ltd. surged 4.16% to ₹6,179.80 on March 4, 2025, following reports that Tata Capital is aiming for an $11 billion valuation in its upcoming initial public offering (IPO).
Tata Capital IPO Details
According to a Bloomberg report, Tata Capital, the financial and investment services arm of Tata Group, is planning to raise up to $2 billion through its IPO. If successful, this could be India’s largest IPO of the year.
Last week, the Board of Directors of Tata Capital approved the initial share sale plan, which includes:
- A fresh issue of 23 crore equity shares.
- An offer-for-sale (OFS) component by existing shareholders.
The listing is mandated by September 2025 under the Reserve Bank of India’s “upper layer” NBFC regulations.
Tata Sons’ Stake & Capital Infusion
As of March 31, 2024, Tata Sons owns 92.83% of Tata Capital, with the remaining shares held by other Tata Group entities. Tata Sons has infused ₹6,097 crore into Tata Capital over the last five fiscals to strengthen its financial services business.
Tata Capital’s Business Scope
Tata Capital operates across:
- Wealth management
- Commercial finance
- Consumer loans
- Tata Cards distribution and marketing
With Tata Capital’s IPO plan gaining momentum, investor sentiment remains positive, driving Tata Investment Corporation’s stock higher.
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