Tata Capital IPO, which saw a slow question during the first two days, managed to sail on the third and final day of Bie on Wednesday, October 8, despite a falling Gray Market Premium (GMP). Tata Capital IPO of £ 15,512 crore received a bid for 65,11,26,136 shares versus 33,34,36,996 shares offered, which BSE data says a 1.95 times subscription translates. Among investors categories, the qualified Institutional Buyers (QIBS) quota is most subscribed to 3.42 times. Meanwhile, while the portion is reserved for non-institutional investors (NIIs) 1.98 times subscription. The retail investors category was discussed 1.10 times, and the employee segment received bids 2.92 times. Tata Capital IPO GMP The healthy subscription in the Tata Capital IPO was visible despite a constant falling GMP. Tata Capital IPO GMP was £ 2 today, lower than £ 30 at its peak. At the prevailing GMP and the top of the price tape, the price of Tata Capital IPO listing can be £ 328, a premium of less than even 1%. However, investors should note that this GMP is subject to change. Tata Capital IPO details Tata Capital IPO has been priced in the vicinity of £ 310-326 per share. The issue was a combination of a new issue of 21 crore shares and an offer for sale (OFS) of 26.58 Crore shares by Tata Sons and International Finance Corporation (IFC). At the top of the price band, the non-banking financing company (NBFC) recommends a valuation of approximately £ 1.38 Lakh Crore. The company plans to use the returns from the sale of new shares to increase its capital base to meet its future capital requirements and to meet general corporate purposes. The Tata Capital listing plans come amid the Mandate of the Reserve Bank of India for the NBFCs in the top layer to list on exchanges. Tata Capital IPO details The company runs a robust loan book of £ 2.334 billion (from June 2025) and offers a comprehensive range of more than 25 lending products on retail, MKB and corporate segments, supplemented by wealth management, insurance distribution and private equity services. With a Pan-India presence of more than 1,500 branches and a strong digital ecosystem, Tata Capital combines the Tata brand’s credibility with innovation-driven growth and positions itself as a leading player in India’s financial services landscape. Tata Capital shares are expected to make their stock market debut on the BSE and NSE on October 13. Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.
Tata Capital IPO discussed almost 2 times on the third day of Bie, despite the fall of GMP
