Page 3 - Tata Capital

Tata Capital's IPO likely to hit market in the first half of October

Tata Capital is set to launch its IPO in October to raise Rs 16,500-17,500 crore, providing growth capital for 2-3 years as Tata group stake declines to 86.5% post issue

Tata Capital, Groww: BFSI sector gears up for ₹58,000-crore IPO push

The financial sector pipeline is dominated by Tata Capital's ₹17,000 crore issue, followed by ICICI Prudential Asset Management and Billionbrains Garage Ventures, the parent of Groww

IFC set to earn multibagger gains from Tata Capital's $2 billion IPO

The International Finance Corporation is set to pocket hefty returns from Tata Capital's upcoming USD 2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to trim its stake in the non-banking finance company. The International Finance Corporation (IFC) will offload 3.58 crore shares in the offering, exiting part of an early bet on Tata Capital's cleantech business made in 2011, according to the updated draft red herring prospectus (DRHP). Tata Capital is likely to launch its USD 2 billion initial public offering (IPO) in the first half of October after the Reserve Bank of India (RBI) granted an extension to list its shares on bourses, people familiar with the matter said. Earlier, the non-banking finance company was given time till September 30 to list on stock exchanges. IFC, the World Bank Group's private sector arm, partnered with Tata Capital in 2011 to set up Tata Cleantech Capital Ltd (TCCL), with the mandate to finance renewable and sustaina

Tata Capital plans $2 billion IPO launch in early October after RBI nod

The financial services company, part of the Tata Group, could wrap up IPO roadshows this week and file a second draft red herring prospectus soon

Tata Capital concludes IPO roadshows, positions itself as NBFC green leader

IPO-bound Tata Capital begins global and domestic roadshows at $18 bn valuation, with its cleantech loan book surging to ₹18,000 crore and green finance at the centre of its pitch

Street Signs: Tata Capital set sail in rough seas, a coiled spring at 25K

Tata Capital readies India's biggest NBFC IPO amid volatile markets; Nifty eyes 25K on GST boost; grey market premiums heat up for upcoming issues led by Urban Company

Tata Capital eyes $2 bn IPO after global roadshows; valuation at $18 bn

Tata Capital has wrapped up a series of investor roadshows across major global financial hubs, setting the stage for its much-anticipated USD 2 billion (Rs 17,200 crore) initial public offering (IPO) in the week beginning September 22, according to people familiar with the development. The non-banking finance company is expected to debut on the bourses by September 30, making it the largest IPO of 2025. The roadshows, launched in August, drew strong participation from global and domestic institutional investors, industry sources said. Senior leadership of the Tata Group's non-banking financial arm held meetings in Hong Kong, Singapore, London, New York, and key Indian cities. The sessions showcased Tata Capital's diversified portfolio, robust financials, and digital-first growth strategy, they added. Market participants said the successful investor outreach has positioned the company well for its market debut, with valuations now expected to touch USD 18 billion. This marks a shar

Tata Capital to float $2 bn IPO in Sept last week, eyes $11 bn valuation

Non-banking financial company (NBFC) Tata Capital is set to launch its much-anticipated USD 2 billion (Rs 17,200 crore) initial public offering (IPO) in the week beginning September 22, market sources familiar with the matter said on Sunday. The issue is expected to value the company around USD 11 billion, they added. Tata Capital is likely to make its stock market debut by September 30. The proposed IPO of 47.58 crore shares comprises a fresh issue of 21 crore equity shares and an offer for sale (OFS) of 26.58 crore shares, according to the updated draft red herring prospectus (DRHP) filed in August. Under the OFS component, Tata Sons will offload 23 crore shares, while the International Finance Corporation (IFC) will divest 3.58 crore shares. Currently, Tata Sons holds an 88.6 per cent stake in Tata Capital, while IFC owns 1.8 per cent holding. Proceeds from the IPO will be used to strengthen the company's Tier-1 capital base, supporting future capital requirements, including on

IPO-bound Tata Capital profit more than doubles to ₹1,041 cr in June qtr

Non-banking financial company Tata Capital on Monday reported more than doubling of its consolidated net profit to Rs 1,040.93 crore for the quarter ended June 2025. In the same quarter last year, the IPO-bound company had reported a profit of Rs 472.21 crore. Total income rose to Rs 7,691.65 crore for the quarter under review from Rs 6,557.40 crore in the April-June quarter of FY2025, Tata Capital said in a regulatory filing. Earlier this month, Tata Capital filed updated draft papers for a mega initial public offering (IPO), with people familiar with the matter pegging the issue size at USD 2 billion (Rs 17,200 crore). This would value the company at around USD 11 billion. According to the updated draft red herring prospectus (DRHP), the proposed IPO of 47.58 crore shares comprises a fresh issue of 21 crore equity shares and an offer for sale (OFS) of 26.58 crore shares. Under the OFS component, Tata Sons will offload 23 crore shares, while the International Finance Corporation

Big NBFCs raise billions as credit boom brews, RBI watches with interest

Flush with parent backing and top credit ratings, India's largest NBFCs are raising record sums without chasing bank licences, as they prepare for a fresh wave of private sector credit demand

Tata Capital IPO: Know key risks, strengths from Tata Group's NBFC DRHP

According to the Reserve Bank of India (RBI) regulations for upper-layer NBFCs, Tata Capital is required to complete its public offering by September 2025

Tata Sons-backed Tata Capital files updated draft papers with Sebi for IPO

Tata Capital files updated draft red herring prospectus with Sebi for its IPO, with Tata Sons to sell 230 million shares. The listing is mandated by the RBI by September 2025

Tata Capital's valuation touches ₹1.38 trillion after rights issue

Shares priced at ₹343, a 22% premium over March

Tata Sons' 93% stake in Tata Capital valued at nearly ₹98,000 crore

Tata Sons' 93% stake in Tata Capital is valued at ₹98,178 crore, based on a March rights issue. The company is preparing for an IPO that could unlock ₹17,672 crore

Tata Capital board clears ₹1,752 cr rights issue ahead of IPO plan

Tata Sons may subscribe to ₹1,630 crore of the issue as Tata Capital gears up for its $2 billion IPO, in compliance with RBI's NBFC listing mandate by September

Tata Capital gets Sebi nod for $2 bn IPO, likely India's biggest in 2025

The approval clears the way for the company to incorporate feedback from the regulator into its prospectus, before it starts marketing the deal

Tata Capital plans rights issue ahead of $2-bn IPO expected before Sept

Tata Capital board to meet Thursday to consider fresh rights issue ahead of its $2-bn IPO; company had raised Rs 1,500 crore in March via previous rights issue

TCHFL, TCS to ink pact for loans, services worth ₹5,150 cr in FY26

Tata Capital Housing eyes ₹5,150 crore from TCS in FY26, seeks to raise borrowing cap to ₹92,000 crore as FY25 profit jumps 31% YoY to ₹1,499 crore

Tata Capital likely to get Sebi approval for nearly $2-billion IPO

Tata Capital may soon get Sebi clearance for a $2 bn IPO, aiming for a listing before the September 2025 deadline for upper-layer NBFCs under RBI rules

Tata Sons board accepts internal panel report on company secretary

Tata Sons board clears Suprakash Mukhopadhyay of wilful breach or personal gain in code of conduct case, reviews FY25 results and Tata Capital IPO plans