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HomeIPOTata Capital

About Tata Capital

Tata Capital Limited (TCL), a company offering diversified financial services, was incorporated in 2007 and is a wholly owned subsidiary of Tata Sons Private Limited. Tata Capital, being an NBFC, provides different financial solutions to people and organizations in India.At Tata Capital, customers can access various types of products, including personal loans, home loans, auto loans, education loans, and loans against property. It gives businesses commercial finance support by offering term loans, working capital loans, equipment financing, and lease rental discounting, which helps those in various industries grow.In addition to loans, Tata Capital covers wealth management, including portfolio creation, advisory on investments, and bringing various financial products to customers. Equity capital markets, mergers and acquisitions advice, and structured finance are some of the services offered by the company’s investment banking unit to guide clients during complicated financial situations. The private equity arm helps to invest in companies with great chances of expanding, supporting both business and corporate growth.The finance division for cleantech at Tata Capital focuses on sustainability and provides money and support for clean energy, efficient energy use, waste handling, and sustainability in water use.Established in Mumbai, Maharashtra, Tata Capital runs over 723 branches from all parts of India. Based on the core values of the Tata Group, Tata Capital helps to spread financial services and further the economy in India.As of March 31, 2025, it has a diversified portfolio of 25+ lending products, serving a wide range of customers like salaried and self-employed individuals, entrepreneurs, small business, small and medium enterprises and corporates.As of June 30, 2025, it has a large PAN-India distribution network of 1,516 branches across 1,109 locations in 27 States and Union Territories.

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National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
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National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Tata Capital

Tata Capital

Open Date

06 Oct 2025

Close Date

08 Oct 2025

listed

Min Investment

₹14996

Lot Size

46 Shares

Issue Size

₹15511.87 Cr

Price Range

₹310 - ₹326

Listing Date

Oct 13, 2025

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RHP PDF

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹1(+0.31%)GMP
0.31%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Tata Capital IPO - Issue Objectives

IPO funds will boost Tier-I capital for future needs.

1

Augmentation of capital base

IPO funds will boost Tier-I capital for future needs.

IPO Subscription Status

Total
1.95x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Tata Capital

In Cr.

Key Performance Indicator30-Jun-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue7691.6528369.8718198.3813637.49
EBITDA5565.8620338.2214247.7610763.22
Expenses
Profit After Tax1040.933655.023326.962945.77
Assets252254.28248465.01176693.98135626.10
Net Worth32761.7332587.8223540.1917959.06
Reserves29260.8824299.3618121.8311899.32
Borrowing211851.60208414.93148185.29113335.91

Tata Capital - Promoter(s)

Tata Capital

Pre Issue Share Holding

N/A

Post Issue Share Holding

N/A

About Strength & Risks

Why this IPO looks interesting

Key positives investors may want to consider before applying.

01

Flagship company of Tata Group

The flagship financial services arm of the Tata group, leveraging a 150+ year legacy. The company benefits from its association with more than 70 Group companies and a network of over 950 dealer and vendor partners within the ecosystem.

02

Third largest diversified NBFC in India

According to the CRISIL Report, the company ranks as the third-largest diversified NBFC in India with total gross loans of ₹2.3 lakh crore as of June 30, 2025, and is considered the most comprehensive among large diversified NBFCs as of March 31, 2025. It provides a broad portfolio of over 25 lending products designed to meet the financial needs of a diverse customer base.

03

Omni-channel distribution model

As of June 30, 2025, the company had a nationwide presence with 1,516 branches across 1,109 locations in 27 states and Union Territories. This network is further strengthened by over 30,000 DSAs, 400+ OEMs, 8,000+ dealers, and 60+ digital sourcing partners.

What investors should watch closely

Risk factors and possible pressure points around the offer.

01

Unsecured gross loans risk

The company often offers unsecured loans to its Retail, SME and corporate customers. Unsecured Gross Loans comprised 20.0% of the company’s Total Gross Loans as at June 30, 2025. Such loans present a higher risk as they are not supported by realisable collateral. Failure to recover such receivables on time or default by customers on repayment can negatively impact cash flow and financial conditions.

02

Retail finance concentration

The company’s retail finance loans comprise loans to salaried and self-employed individuals and owners of small businesses. Such loans comprised 61.3% of the Total gross loans as at June 30 2025. Any adverse developments, such as rising NPAs, regulatory changes, or reduced demand for retail loans, could materially affect profitability and growth.

Registrar Contact Details

MUFG Intime India Pvt Ltd

11th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013 Mumbai, Maharashtra, 400013

+910226606900
tatacapital.ipo@in.mpms.mufg.com
https://www.tatacapital.com/

Tata Capital IPO - FAQs

Tata Capital IPO is a Mainboard IPO. The issue is priced at ₹310-326 per equity share. The minimum order quantity is 46 Shares. The IPO opens on 6 Oct, and closes on 8 Oct. MUFG Intime India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.









IPO Timeline

  • Pre Apply2025-10-01
  • Bidding Starts2025-10-06
  • Bidding Ends2025-10-08
  • Allotment Finalisation2025-10-09
  • Release of Funds2025-10-10
  • Demat Transfer2025-10-10
  • Listing2025-10-13
04

Robust credit-writing and collections capabilities

As of June 30, 2025, the company reported one of the lowest Gross Stage 3 loan (2.1%) and Net Stage 3 Loan(1.0%) ratios and the third-highest PCR among large diversified NBFCs in India. Its robust risk management framework addresses credit, operational, market, information security, fraud, and reputational risks, while its strong collection capabilities are driven by a blend of in-house teams, external agencies, and advanced analytical tools.

05

Digital and analytics approach

The company leverages integrated technology across the customer lifecycle for all lending products in its three business verticals, covering onboarding, underwriting, collections, servicing, and cross-selling. It employs advanced analytics and AI-driven tools for loan recommendations, cross-selling, and personalised digital marketing, supported by 400+ live APIs and 350 RPA processes for operational automation.

03

Dependency on a few products

Home loans, Loans against property and developer finance together accounted for 34.7% of total gross loans as at June 30, 2025. The company is significantly exposed to the real estate industry, and any economic downturns or changes in applicable regulations can lead to a decline in demand or price of real estate properties, which would affect the business.

04

Exposure to interest rate fluctuations

Fixed Interest rate loans comprised 36.3% of the total gross loans, and floating interest rate loans comprised 63.7% as of June 30, 2025. Fixed Interest rate borrowings comprised 55.0% of total borrowings (₹211,851.6 crore) and floating interest rate borrowings 45.0%. The company is exposed to interest rate volatility. Any adverse movements in benchmark rates could increase borrowing costs, compress the Net Interest Margin Ratio, and negatively impact profitability.