Daijiworld Media Network – Mumbai

Mumbai, Oct 4: Tata Capital Ltd. has secured more than Rs 4,641 crore from 135 anchor investors ahead of its highly anticipated initial public offering (IPO) on Friday. The company allotted 14.23 crore shares at Rs 326 each, marking strong pre-IPO demand.

Life Insurance Corporation (LIC) received the largest allocation at 15.08%, amounting to over Rs 700 crore, followed by Amansa Holdings Pvt. Ltd. and Nomura India Investment Fund Mother Fund with 3.77% each. Prominent investors including Morgan Stanley, Goldman Sachs, and Nomura also participated in the anchor allotment. A total of 18 domestic mutual funds applied through 59 schemes, collectively securing 35.55% of the anchor portion.

The IPO aims to raise Rs 15,511 crore through a combination of a fr

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