Tata Capital IPO: Check GMP, Objectives, Timeline and Shareholding
Upcoming Tata Capital’s initial public offering (IPO) has created opportunities for investors in India’s capital markets. Tata Capital IPO could be the largest issue of 2025 and the biggest ever from the Tata Group. The subscription will close on Wednesday, 8 October, with the basis of allotment scheduled for Thursday, 9 October. Successful applicants will receive shares in their demat accounts by 10 October, 2025. The company is expected to debut listing on the Bombay Stock Exchange and NSE on 13 October. Tata Capital currently holds a strong position as the third-largest NBFC in India, an Non-Banking Financial Company with total gross loans of ₹2.3 trillion as of June 2025.
Tata Capital IPO GMP Grey Market Signals
| Date | IPO GMP | GMP Trend |
|---|---|---|
| 1 Oct | ₹19 | Down |
| 30 Sep | ₹28 | Down |
| 29 Sep | ₹31 | Down |
| 27 Sep | ₹31 | Down |
| 26 Sep | ₹50 | Up |
| 25 Sep | – | – |
Ahead of listing in stock exchange, the issue has generated strong investor sentiment, with shares commanding a grey market premium (GMP) of ₹24–26. There is a nearly nearly 8% listing gains.
Objectives of the Issue
The funds raised by the company from the fresh issue will be used to augment Tier-I capital and a portion will be used to meet future business needs, including onward lending and expanding lending capacity.
Tata Capital IPO 2025 Timeline
| Event | Date |
|---|---|
| IPO Opening Date | 6 October 2025 |
| IPO Closing Date | 8 October 2025 |
| Allotment Finalization | 9 October 2025 |
| Demat Credit | 10 October 2025 |
| IPO Listing Date | 13 October 2025 |
This carefully structured timeline ensures a smooth process for investors, from application submission to trading view, making it easier to track the Initial Public Offering and plan investment decisions.
Also Read: LG Electronics India IPO: Size, Valuation, Timeline Details
Scale and Shareholding
The offering by Tata company is historic in scale, comprising a fresh issue of 21 crore shares and an OFS by Tata Sons which is around 23 crore shares and the International Finance Corporation, 3.58 crore shares. Post-IPO, Tata Sons, the promoter, will continue to hold a significant stake, currently the Tata Sons owns 88.6% of the company’s total shares.
Financial Performance
| Financial Year | Interest Income (₹ crore) | Net Profit (₹ crore) |
|---|---|---|
| FY23 | 11,910.90 | 2,945.77 |
| FY24 | 16,366.47 | 3,326.96 |
| FY25 | 25,719.77 | 3,655.00 |
| Q1 FY26 | 6,931.83 | 1,040.93 |
From FY23 to FY25, there is a sharp growth in interest income of Tata Capital from ₹11,910.90 crore to ₹25,719.77 crore. It shows a strong expansion of business in previous years. During the same period, net profit also increased at a steady rate, reaching ₹3,655 crore in financial year 2025. The company has maintained its growth momentum for the first quarter of the financial year into Q1 FY26, posting a profit of ₹1,040.93 crore, more than double compared to the same quarter last year.
Disclaimer: The Grey Market Premium (GMP) mentioned is indicative and reflects market sentiment as of today only. It is not guaranteed and may change before listing. Investors should make decisions based on official IPO details and their own assessment.
Frequently asked questions
Listing is scheduled on 13 October 2025 for both BSE and NSE.
Tata Sons Private Limited is the promoter, holding 88.6% of the company’s equity. The International Finance Corporation (IFC) is also a selling shareholder.
It is a Book Built Issue with both fresh shares and an offer-for-sale (OFS) component.
