Tata Capital IPO is a book-built issue of Rs 15,511.87 crore. image: Canva AI Show Quick Read Summary is AI Generated. Newsroom Reviewed

Tata Capital Ltd. has raised over Rs 4,641 crore from anchor investors on Friday, ahead of its initial public offering. The company allotted 14.23 crore shares at Rs 326 apiece to 135 anchor investors.

Life Insurance Corp. got the highest allocation of 15.08%, followed by Amansa Holdings Pvt. Ltd. and Nomura India Investment Fund Mother Fund at 3.77%. LIC has received an allocation of over Rs 700 crore through the Tata Capital anchor allotment. Marquee investors including Morgan Stanley, Goldman Sachs, and Nomura also bagged shares of the issue.

A total of 18 domestic mutual funds applied through 59 schemes, the NBFC said in an exchange filing on

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