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 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 clears Suprakash Mukhopadhyay of wilful breach or personal gain in code of conduct case, reviews FY25 results and Tata Capital IPO plans
Despite strong revenue growth, Tata Capital's FY25 standalone profit rose just 4% as impairment on financial instruments jumped over fourfold amid rising NPAs
The IPO-bound Tata Capital on Wednesday reported a 31 per cent year-on-year surge in its consolidated profit after tax (PAT) to Rs 1,000 crore for three months ended March 2025. The company logged a profit after tax of Rs 765 crore in the year-ago period. Total revenues from operations rose nearly 50 per cent to Rs 7,478 crore in the January-March period of FY25 from Rs 4,998 crore in the year-ago period, Tata Capital said in a regulatory filing. For financial year 2024-25, Tata Group's financial services firm reported a PAT of Rs 3,655 crore as compared to Rs 3,327 crore in FY24, and revenues surged to Rs 28,313 crore from Rs 18,175 crore. Last month, Tata Capital filed draft papers with markets regulator Sebi for an initial public offering (IPO) through a confidential pre-filing route. Sources had told PTI that the IPO size could be USD 2 billion, valuing the company at around USD 11 billion. The IPO will consist of a fresh issue of equity shares and an offer for sale (OFS) by
Reports estimate Tata Capital's IPO size at approximately $2 billion, while Boat's could exceed $250 million
Tata Capital's board approved the IPO, comprising a fresh issue of up to 230 million shares along with an offer for sale by existing shareholders
The company will use the proceeds for further lending and to improve its leverage ratios
Tata group financial services firm sets the ball rolling for a $2 bn maiden share sale
The fundraising comes as the company prepares for an initial public offering (IPO), expected by September, pending shareholder approval
Under the factoring arrangement, Tata Steel discounts its sales receivables with Tata Capital (TCL) arising from goods sold on credit to customers
Financial services company also approves rights issue of Rs 1,504 cr as it moves to comply with RBI regulations
Tata Capital IPO: Tata Capital Board has approved the launch of the Tata Capital IPO as it is required to list its shares on the stock exchange by September 2025
Tata Sons, which holds 93 per cent in Tata Capital, will subscribe to the full extent of its portion in the rights issue, said a source close to the development
The board's meeting, to discuss the size and timing of the rights issue, came shortly after the company sought shareholders' approval in January
Tata Capital, which is facing the Reserve Bank of India's (RBI's) deadline to get its shares listed by September this year, will use the proceeds for on-lending purposes and business operations
As for AKC, this investment was facilitated by Tata Capital Healthcare Fund, the healthcare-focused private equity fund of Tata Capital
The company said its current shareholder base is around 29,000 and in order to avoid a situation where its shareholder base increases further
The non-banking finance company will pay a coupon of 5.3890 per cent on what is its maiden dollar-bond issue
Tightens pricing by 33 bps over initial guidance