- Price Band has been fixed at ₹ 310 to ₹ 326 per Equity Share.
- The Floor Price is 31.0 times the face value of Equity Shares and the Cap Price is 32.6 times the face value of the Equity Shares.
- Bid / Offer will open on Monday, October 6, 2025 and close on Wednesday, October 8, 2025 (“Bid Dates”).
- The Anchor Investor Bid / Offer Period shall be Friday, October 3, 2025.
- Bids can be made for a minimum of 46 Equity Shares and in multiples of 46 Equity Shares thereafter. (“ of Bids”)
- Red Herring Prospectus link: https://investmentbank.kotak.com/downloads/tatacapital-RHP.pdf
Bhubaneswar: Tata Capital Limited (“TCL” or the “Company”), shall open the Bid/Offer in relation to its initial public offer of Equity Shares on Monday, October 6, 2025.
The Price Band of the Offer has been fixed at ₹ 310 to ₹ 326 per Equity Share. (“Price Band”). Bids can be made for a minimum of 46 Equity Shares and in multiples of 46 Equity Shares thereafter.
The initial public offer comprises of offer of up to 475,824,280 Equity Shares (“Total Offer Size”) comprising of a fresh issue of up to 210,000,000 Equity Shares (“Fresh Issue”) and an offer for sale of up to 265,824,280 Equity Shares (“Offer for Sale”).
The selling shareholders are Tata Sons Private Limited (the “Promoter Selling Shareholder”) selling up to 230,000,000 Equity Shares and International Finance Corporation (the “Investor Selling Shareholder”) selling up to 35,824,280 Equity Shares.
The Anchor Investor Bidding Date shall be Friday, October 3, 2025, and the Bid/Offer shall close on Wednesday, October 8, 2025.
The Company proposes to utilize the net proceeds from the Fresh Issue towards augmenting its Tier-I capital base to meet the Company’s future capital requirements, including onward lending (the “Object of the Offer”).
The Equity Shares are being offered through the red herring prospectus of the Company dated September 26, 2025 (the “Red Herring Prospectus”), filed with the Registrar of Companies, Maharashtra at Mumbai (the “ROC”). The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”).
Kotak Mahindra Capital Company Limited, Axis Capital Limited, BNP Paribas, Citigroup Global Markets India Private Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), J.P. Morgan India Private Limited, and SBI Capital Markets Limited are the book running lead managers to the Offer (the “BRLMs“).
All capitalised terms used herein but not defined shall have the same meaning as ascribed to them in the Red Herring Prospectus.
