Key facts about Tata Capital IPO

Tata Capital, a key financial company of Tata Group, will open its big IPO from October 6 to 8. It plans to raise about Rs 17,200 crore, making it the largest financial IPO this year. The company hopes to be valued around $18 billion.The IPO has two parts. Fresh shares of 21 crore will be sold, and 26.58 crore shares will be sold by existing shareholders. Tata Sons will sell 23 crore shares, and International Finance Corporation will sell 3.58 crore shares. Bidding by anchor investors starts on October 3.The money raised will help Tata Capital strengthen its capital as required by RBI. The company made a profit of Rs 3,655 crore in FY25. It serves over 70 lakh customers through 25 different loan products.Shares are trading at Rs 29 in the grey market, but the final price will be announced soon. Unlisted shares are trading about 33% below last year’s high. Investors are closely watching this important IPO from Tata Group.