The Tata Capital IPO is set to be one of the biggest listings of 2025 in the Indian stock market. As per market reports, the issue will open in the first week of October 2025, attracting huge attention from retail as well as institutional investors. Backed by the trust and credibility of the Tata Group, this IPO could set new benchmarks in the financial services sector.
Tata Capital is a leading non-banking financial company (NBFC) in India, offering services across retail loans, SME lending, infrastructure financing, and wealth management. With a strong track record of growth and profitability, the company now aims to raise fresh capital while providing an exit route for some of its early investors.
In this article, we break down the key details of the Tata Capital IPO, including expected dates, issue size, structure, valuation, business highlights, and risks investors must consider.
Tata Capital IPO Dates and Timeline
The IPO is scheduled to open in the first week of October 2025, with the anchor book likely to launch on 3 October 2025. Final confirmation of dates will be available in the official Red Herring Prospectus (RHP).
| Event | Expected Date |
|---|---|
| Anchor Book Opening | 3 October 2025 |
| IPO Opens for Subscription | 6 October 2025 |
| IPO Closes | 8 October 2025 |
| Allotment Finalization | Mid-October 2025 |
| Listing on Exchanges (BSE & NSE) | Late October 2025 |
IPO Size, Structure, and Valuation
The Tata Capital IPO is expected to raise around ₹17,000 crore (≈ $2 billion), making it one of the largest IPOs of the year.
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Fresh Issue: About 210 million equity shares will be issued to raise new capital.
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Offer for Sale (OFS): Around 265 million equity shares are likely to be offloaded by Tata Sons and existing investor IFC.
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Valuation: The company is targeting a valuation of $16.5–18 billion (₹1.4–1.5 lakh crore).
This mix of Fresh Issue + OFS ensures both expansion capital for the company and partial exit for current shareholders.
Business Overview of Tata Capital
Diversified Financial Services
Tata Capital operates across multiple segments, including retail loans, SME finance, infrastructure finance, and wealth management. This diversified model reduces dependence on one single revenue source.
Strong Brand Backing
Being part of the Tata Group, the company enjoys unmatched trust and credibility in the market. The Tata brand itself gives confidence to both retail and institutional investors.
Consistent Growth Track Record
The company has shown strong growth in its loan book and profitability. Compared to other NBFCs, Tata Capital has managed asset quality efficiently, making it a safer bet for long-term investors.
Why Investors Are Excited About Tata Capital IPO
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Market Leadership: Tata Capital is among the top NBFCs in India, giving investors exposure to a high-growth financial services company.
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First-Time Listing: This IPO marks the stock market debut of Tata Capital, making it a historic opportunity for investors.
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Strong Institutional Demand: With global investors like IFC already invested, the IPO is expected to see heavy demand from FIIs, DIIs, and mutual funds.
Risks Investors Should Consider
While the Tata Capital IPO looks promising, investors should evaluate key risks:
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Interest Rate Risk – Rising interest rates can reduce lending margins.
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Credit Risk – Any increase in loan defaults could impact earnings.
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Valuation Concerns – At $16.5–18 billion, some analysts may see the IPO as fully priced.
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Regulatory Risk – Being an RBI-regulated NBFC, policy changes could affect operations.
Conclusion
The Tata Capital IPO, opening in the first week of October 2025, is set to be one of the most exciting financial events of the year. With its strong brand value, diversified business model, and consistent growth, the IPO is expected to attract huge investor participation.
However, investors must carefully assess the final price band, subscription data, and risk factors before applying. For those seeking long-term exposure to India’s growing financial services sector, the Tata Capital IPO could be a landmark opportunity.
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FAQs on Tata Capital IPO
Q1. What is the Tata Capital IPO date?
The Tata Capital IPO is expected to open for subscription in the first week of October 2025.
Q2. What is the Tata Capital IPO issue size?
The IPO issue size is estimated at ₹17,000 crore (≈ $2 billion).
Q3. What is the Tata Capital IPO price band?
The official price band will be declared in the RHP. Current valuation targets are $16.5–18 billion.
Q4. What is the valuation of Tata Capital IPO?
The IPO aims at a valuation of ₹1.4–1.5 lakh crore.
Q5. What is the structure of Tata Capital IPO?
The issue will include both Fresh Issue and Offer for Sale (OFS).
Q6. Who are the key sellers in Tata Capital IPO?
Tata Sons and IFC are the major investors selling their stake.
Q7. How many shares will be offered in Tata Capital IPO?
Around 210 million fresh shares and 265 million OFS shares are expected.
Q8. Where will Tata Capital IPO shares be listed?
Shares will list on both BSE and NSE.
Q9. Is Tata Capital IPO a good investment?
Yes, it is backed by Tata Group and has shown consistent growth, but investors should review valuation and risks before applying.
Q10. How can retail investors apply for Tata Capital IPO?
Retail investors can apply via UPI apps, banks, or brokerage platforms during the subscription window.