The highly anticipated Rs 15,512 crore initial public offering (IPO) of Tata Capital Ltd entered its second day of bidding on Tuesday, with investors closely tracking subscription levels and expert views.

On the first day, the IPO received 39 per cent subscription. Data from the National Stock Exchange (NSE) showed bids for 12.86 crore shares against 33.34 crore shares on offer.

The Qualified Institutional Buyers (QIB) portion was subscribed 52 per cent, Retail Individual Investors (RIIs) 35 per cent, and Non-Institutional Investors (NIIs) 29 per cent.

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Anil Singhvi’s View: Apply for Long Term

Market Guru and Zee Business Managing Editor Anil Singhvi has advised investors to apply in the Tata Capital IPO with a long-term perspective.

According to

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