If you are an investor, then here’s some good news for you. The Tata Capital’s ₹ 15,512-crore IPO, which is the biggest so far this year, opened for subscription on Monday (6 October 2025) and will conclude on Wednesday (8 October 2025). If you are willing to invest in the Tata Capital IPO, it’s crucial to know the important facts, risks, and reviews from experts before making an informed decision. Let’s have a thorough overview through this article.
Tata Capital IPO Date, Price Band & Key Details
The Tata Capital IPO, an Indian non-banking financial company (NBFC), began on October 6, 2025, and will end on October 8, 2025. The price band is ₹ 310-326 per share for ₹ 6510 crore (lower band) and ₹ 6846 crore (upper band), respectively. Its quality in 1 lot is 46 shares, with a maximum of 33 lots per bid is permitted. Its smallest investment quantity of ₹ 14996 approx. The issue size is ₹ 15,511.87 crores, and it is one of the largest IPO shares in India this year. Its allotment date is fixed on 9 October 2025.
Tata Capital IPO Highlights
- IPO Open Date – October 6, 2025
- IPO Close Date – October 8, 2025
- Price Band – ₹ 310-326 Per Share
- Lot Size – 46 shares
- Maximum Lot Allowed – 33
- Issue Size- ₹ 15,511.87 crores
- Issuance Date – October 9, 2025
Tata Capital IPO GMP Today: What Grey Market Signals
IPO investment could be a bit complex and tricky. So, it is good to know the grey market premium (GMP). The Tata Capital IPO GMP is now in the range of ₹ 24-36 per share, indicative of a possible cautious optimism among investors. Yet, the GMP has dropped notably from ₹ 735-1,125 per share prior to the IPO price band announcement.
Big Anchor Investors Back the IPO: LIC, SBI MF & More
The first Tata capital IPO, with a surge in share price and upcoming IPO GBP, has seen top anchor investors such as LIC, SBI MF, Morgan Stanley, Goldman Sachs, and Nomura Holdings, subscribing ₹ 4,641.83 crores in the anchor bid round. This shows strong institutional demand for this company. It serves an array of customer segments such as salaried and self-employed persons, entrepreneurs, small firms, small and medium-sized enterprises, and corporates.
Valuation vs. Peers: Is Tata Capital Overvalued?
Valuation vs. peers, which is also known as comparable company analysis, signifies whether investing in a particular IPO will gain you or take you towards a loss. In contrast with the Tata Capital IPO date valuation, the recent interest of investors suggest reasonable valuation to its business fundamentals, with a P/E multiple of 35x on FY25 earnings.
However, you can see decline in the company’s return on assets (ROA) has declined due to the merger with Tata Motors Finance, and the exposure to unsecured loans poses credit risk.
Here, analysts believe that the company’s strong brand reputation, diversified business segments, and steady growth make it an attractive investment opportunity.
Unlisted Share Price Falls Ahead of IPO
Stock trading poses some risks, and the Tata Capital IPO news reveals that the unlisted shares of Tata Capital were trading at a premium of ₹ 20 in the grey market before the IPO, but the premium has reduced to ₹ 24-36 currently. This can be attributed to the OFS nature of the issue and neutral investor response on the first day of bidding.
Tata Investment Corp Surges as Proxy Play
Tata Investment Corporation’s shares have been surging due to many factors, like anticipation around the Tata Capital IPO, an increase in foreign institutional investors (FIIs) buying, and a recent stock split announcement. As the company’s market capitalization has exceeded ₹ 54,637 crore, with a current price-to-earnings (P/E) ratio of 163.54, investors are now paying a premium for its earnings on expectations of continued growth.
Risk Factors to Consider Before Investing
Tata Capital is a renowned NBFC and is the fastest-growing financial services company. With its initial public offering of 39% subscriptions, it is offering potential returns for investors. But risks occur in every investment, and you must consider the given key factors before making an investment-
Economic Slowdown: The company’s business performance is linked to the economy.
Competition: The NBFC sector is highly competitive, and Tata Capital faces competition from players like Bajaj Finance and HDB Financial.
Interest Rate Risk: The company’s exposure to interest rate fluctuations could impact borrowing costs and profitability.
Asset Quality Pressure: The company’s asset quality has come under pressure due to the merger with Tata Motors Finance.
Expert Review
As per trading professionals, Tata Capital’s IPO is a solid long-term investment opportunity, driven by the company’s strong brand reputation, diversified business segments, and steady growth. However, many suggest that old and new investors should manage expectations wisely as large-cap IPOs generally give moderate returns. Also, since there are other IPOs expected for different dates, well-researched market and economic conditions are necessary.
Final Words - Take the Right Decisions For Tata Capital IPO 2025
Since the Tata Capital IPO share price provides an opportunity to investors to participate in optimal return, experts say it is suitable for long-term gains. While the company’s valuation appears reasonable, investors should carefully evaluate the growth potential alongside the associated risks. Remember, before making any decisions, evaluate your financial goals and risk tolerance. For more wise decisions, you can choose Investinhub for detailed financial advice and trading information.
FAQs
The Tata Capital IPO is open to many potential investors, including Qualified Institutional Buyers (QIBs) (15%), Non-Institutional Investors (NIIs) (50%), Retail Individual Investors (RIIs) (35%), and employees. These groups just need to meet the eligibility criteria specified by SEBI and the company, and participate through the ASBA or UPI mechanisms.
Yes, you can effectively apply for the Tata Capital IPO using the UPI payment gateway. Here are the steps to apply for the IPO through UPI-
- Log in to your demat account opening app or trading account with your registered broker or financial marketplace.
- Select the Tata Capital IPO and specify the number of lots you wish to apply for, with a minimum of 46 shares (₹ 14,996).
- Enter your UPI ID to link your payment method and submit your application.
- Approve the mandate notification on your UPI app to block the funds.
- Wait for the allotment announcement and check your IPO application status online.
The minimum investment required for retail investors is ₹ 14,996 for 1 lot containing 46 shares, with reference to IND Money.
To check the Tata Capital IPO allotment status, you can go to a registered trading account/investment website where your demat account exists, visit MUFG Intime India Pvt Ltd’s website, or the NSE website for checking your allotment status. Generally, after allotment is done on 9 October 25, the shares are expected to be credited to demat accounts by October 10, 2025.
Yes, you can view Tata Capital shares on both the National Stock Exchange (NSE) as well as Bombay Stock Exchange (BSE).
The promoter holdings include Tata Sons, TMF holdings, Tata Investment Corporation, Tata Motors, and Tata Chemicals, etc. Here, Tata Sons Private Limited held 95.6% (403.48 crore shares) before the IPO. After the IPO, the promoter’s stake will reduce to 85.5% (424.48 crore shares).
