Tata Capital’s ₹15,512 crore IPO saw strong interest from anchor investors, to whom it allotted around ₹4,642 crore worth of shares.

The anchor book was 5 times subscribed, and shares were allotted to 68 domestic and global institutional investors.

Top mutual funds that participated in the anchor round included HDFC Mutual Fund and ICICI Prudential MF, while LIC was also one of the subscribers.

Global heavyweights included Goldman Sachs and Morgan Stanley.

Investors spanned domestic mutual funds, sovereign funds, insurers, and FPIs.

The anchor round’s oversubscription has also set a strong tone for retail and institutional demand as the IPO opens for retail subscription on October 6.

The price band for the issue was set at ₹310 to ₹326 per share. Investors could place bids starting w

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