Tata Capital IPO Price Band is fixed in the vicinity of £ 310 to £ 326 per equity share of the face value of £ 10 The Tata Capital IPO date of subscription is scheduled for Monday 6 October and closes on Wednesday, October 8. The award to anchor investors for the Tata Capital IPO is expected to take place on Friday, October 3. Tata Capital IPO has not reserved more than 50% of the shares in the public issue for qualified institutional buyers (QIB), no less than 15% for non-institutional Institutional Investors (NII), and no less than 35% of the offer is reserved for retail investors. The employee area is reserved up to 1,200,000 shares. Tata Capital IPO Base of the award of shares will be completed on Thursday, October 9 and the company will initiate refunds on Friday, October 10, while the shares will be credited on the same day after the repayment on the Demat account of Allottees. Tata Capital share price is likely to be listed on BSE and NSE on Monday, October 13. As part of the OFS, Tata Sons will sell 23 crore shares, while the International Finance Corporation (IFC) will sell 3.58 crore shares. Tata Sons currently owns an 88.6% stake in Tata Capital, and the IFC has a 1.8% share. The funds raised from the IPO will be used to improve the company’s Tier-1 capital, which will support future capital needs, including lending activities. Tata Capital IPO is performed in accordance with the required Reserve Bank of India (RBI) for Financial Enterprises (NBFCs) listed to their classification within three years. Tata Capital was classified as a NBFC bean in September 2022. JP Morgan India. NBFC contains an outline of the non-banking finance business, Tata Capital, served more than 7 million customers by March 31. With a series of over 25 loan options, the company speaks the needs of a diverse customers, including employees, independent workers, entrepreneurs, small businesses, hands and larger corporations. In addition to presenting loans, Tata Capital also distributes third-party products such as insurance and credit cards, provides wealth management services and operates as a sponsor and investment manager for private equity funds. According to the Red Herring Prospectus (RHP), the measure of the company Bajaj Finance Ltd (with a P/E of 37,8), Shriram Finance Ltd (with a P/e of 300,3), Cholamandalam Investment and Finance Company Ltd (with a P/e of 31.5), L&T finance ltd ( P/e of 23.1), Sundaram Finance (p/e of 26.9), and HDB Financial Services Ltd (with a P/E of 28.1). In the financial year 2024-25, Tata Capital announced a profit after tax (PAT) of £ 3.655 crore, an increase of £ 3.327 crore in FY24. In addition, revenue had a significant increase to £ 28,313 crore in FY25, compared to £ 18.175 crore in the previous year. Disclaimer: The views and recommendations above are those of individual analysts, experts and brokerage companies, not of currency. We advise investors to check with certified experts before making any investment decision.
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