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Tata Capital set a price band of 310-326 rupees per share for India's largest initial public offering (IPO) so far in 2025, a newspaper advertisement showed.
At the top end of the price band, the IPO is expected to raise about 155.12 billion rupees ($1.75 billion).
The IPO will be open to retail investors on October 6, while anchor investors can submit their bids on October 3.
(With Inputs From Reuters)
Tata Capital IPO: OFS And Fresh Issue
Tata Capital Ltd. is a book build issue of 47.58 crore shares. The issue is a combination of fresh issue of 21.00 crore shares and offer for sale of 26.58 crore shares.
Under the offer-for-sale, Tata Sons will selloff 23 crore shares, while the International Finance Corporation (IFC) wil