The initial public offer of non-banking financial company Tata Capital Ltd has been subscribed to 75 per cent on the second day of the share sale on Tuesday.

The company’s IPO received bids for 24,96,33,260 shares against 33,34,36,996 shares on offer, as per NSE data.

Category-wise subscription

Among investor categories, the Qualified Institutional Buyers (QIBs) portion received 86 per cent subscription, while the quota for non-institutional investors garnered 76 per cent subscription. The category for Retail Individual Investors (RIIs) attracted 67 per cent subscription.

Tata Capital on Friday collected Rs 4,642 crore from 68 domestic and global institutional investors, with the anchor book witnessing demand nearly five times higher than the allocated amount.

Tata Capital IPO

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