TATA Capital IPO; The Tata Capital IPO acquired official board approval which represents a critical step towards Tata Group’s growth in financial services. 23 crore equity shares will come from a new issue while existing shareholders will conduct an offer for sale (OFS) subject to regulatory approvals and market conditions.
The upcoming IPO plans of Tata Capital will rank as one of India’s largest stock offerings for 2025 as it aims to collect more than ₹15,000 crore. The size of the IPO creates strong investor interest similar to the response Tata Technologies received after its monumental 2023 IPO when it increased by 140% during its opening day.
Stay tuned with IPO Wheel to get more details about TATA Capital IPO Date, Price, GMP Review Details including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
TATA Capital IPO Overview
| Company Name | TATA Capital |
| IPO Open Date | 2025 (Expected) |
| IPO Close Date | 2025 (Expected) |
| Face Value | ₹10 per Equity Share |
| IPO Price Band | ₹[.] to ₹[.] per Share |
| Issue Size | Approx ₹[.] Crores |
| Fresh Issue | Approx ₹1500 Crores |
| Offer for Sale (OFS) | Approx [.] Equity Shares |
| Issue Type | Book Built Issue IPO |
| IPO Listing | BSE & NSE |
| Retail Quota | Not more than 10% |
| QIB Quota | Not more than 75% |
| NII Quota | Not more than 15% |
Tata Capital IPO GMP (Grey Market Premium) Trend Live Rates
| Date | IPO GMP (₹) | GMP Trend | Kostak (₹) | Subject to (₹) |
|---|---|---|---|---|
| 4 March | ₹- | – | ₹- | ₹- |
| 3 March | ₹- | – | ₹- | ₹- |
| 2 March | ₹- | – | ₹- | ₹- |
Tata Capital IPO Lot Size & Investment Details
| Application Type | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Minimum) | |||
| Retail (Maximum) | |||
| S-HNI (Minimum) |
Tata Capital IPO Financial Information (Restated) (₹ in Crores)
| Particulars | As of 31 March 2023 | As of 31 March 2024 |
|---|---|---|
| Revenue from Operations (₹ Cr.) | 13,628.58 | 18,174.28 |
| Total Income (₹ Cr.) | 13,637.49 | 18,198.38 |
| Expenses (₹ Cr.) | 9,847.63 | 9,568.23 |
| Profit After Tax (₹ Cr.) | 2,945.77 | 3,326.96 |
| Total Assets (₹ Cr.) | 1,35,626.10 | 1,76,693.98 |
| Loans (₹ Cr.) | 1,16,788.79 | 1,57,760.55 |
| Equity Share Capital (₹ Cr.) | Data Not Available | Data Not Available |
| Diluted EPS (₹) | Data Not Available | Data Not Available |
Key Insights
- Strong Revenue Growth: A significant increase in revenue from ₹13,628.58 Cr. in 2023 to ₹18,174.28 Cr. in 2024.
- Profitability Uptrend: Profit after tax (PAT) grew from ₹2,945.77 Cr. to ₹3,326.96 Cr.
- Expanding Loan Book: Loans increased from ₹1,16,788.79 Cr. to ₹1,57,760.55 Cr., indicating higher lending activity.
- Robust Asset Growth: Total assets surged by nearly ₹41,000 Cr., reflecting business expansion.
- Expense Control: Expenses slightly decreased despite revenue growth, improving profitability margins.
TATA Capital Peer Group Comparison
| Company Name | Revenue (₹ Cr.) | Profit (₹ Cr.) | Market Cap (₹ Cr.) | ROE (%) | Debt to Equity | Price to Book Value |
|---|---|---|---|---|---|---|
| Tata Capital | 13,637 | 1,648 | Data Not Available | -23.0 | 0.63 | 9.86 |
| Muthoot Finance | 9,707 | 2,385 | 29,830 | 22.41 | 2.68 | 2.81 |
| Reliance Capital | 19,303 | -226 | Data Not Available | -14.74 | -1.46 | Data Not Available |
| Aditya Birla Capital | 9,146 | 998 | 22,022 | 9.65 | 5.52 | 2.19 |
| IIFL | 5,989.4 | 2,276.01 | 18.84 | 18.14 | 5.2 | 1.77 |
| Manappuram Finance Ltd | 1.14 | 1,179 | 14,580 | 22.12 | 3.67 | 2.88 |
| Mahindra & Mahindra Financial Services Ltd | 12,700 | 1,482 | 19,895 | 17.30 | 4.97 | 1.78 |
Key Insights
Market Leader in Revenue: Tata Capital leads most of its NBFC peers, surpassing Muthoot Finance and Aditya Birla Capital in revenue generation.
Profitability Comparison: Tata Capital’s profit (₹1,648 Cr.) is strong but lags behind Muthoot Finance (₹2,385 Cr.) and IIFL (₹2,276 Cr.), signaling potential for improvement.
Debt Management: With a low debt-to-equity ratio of 0.63, Tata Capital stands out for financial prudence, especially when compared to Aditya Birla Capital (5.52) and Mahindra Finance (4.97).
ROE & Valuation Concerns: Tata Capital’s negative ROE (-23%) is a red flag compared to its peers, signaling inefficiency in generating shareholder returns.
Premium Valuation: With a Price-to-Book (P/B) ratio of 9.86, Tata Capital appears significantly overvalued compared to Muthoot Finance (2.81) and Mahindra Finance (1.78).
About TATA Capital Limited Company
Established in 2007, Tata Capital, a subsidiary of Tata Sons Limited, serves as the financial services arm of the Tata Group. Functioning as a non-banking financial company (NBFC), Tata Capital provides a comprehensive suite of financial solutions across key areas, including Commercial Finance, Consumer Loans, Wealth Management, and the distribution of Tata Cards.
Its key subsidiaries further enhance its offerings. Tata Capital Housing Finance Limited (TCHFL) specializes in home loans, affordable housing finance, loans against property, and financing for residential and commercial property developments. Tata Securities Limited, a wholly-owned subsidiary, actively participates in the Bombay Stock Exchange (BSE) across cash and derivatives markets. It also operates as a Depository Participant with Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL). With its wide-ranging services and subsidiaries, Tata Capital addresses diverse financial needs, serving both individual and institutional clients.
- Founded in – 2007
- Managing Director – Rajiv Sabharwal
What is the issue size of Tata Capital IPO?
The issue size of the Tata Capital IPO is yet to be announced.
What is ‘pre-apply’ for Tata Capital IPO?
Pre-apply will allow you to apply for the Tata Capital IPO 2 days before the subscription period starts.
If I pre-apply for Tata Capital IPO, when will my order get placed?
Your order will be placed on the exchange as soon as the Tata Capital IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.
What are the open and close dates of the Tata Capital IPO?
Open and close date for Tata Capital IPO is yet to be announced.
What is the lot size and minimum order quantity of the Tata Capital IPO?
Tata Capital IPO lot size is yet to be announced
Mukesh Thakur is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.