Mumbai, Oct 13 (IANS) After witnessing a subdued listing, the shares of Tata Capital remained almost flat during its first trading session on Monday, closing at Rs 331.10, up 1.56 per cent from the IPO price of Rs 326 and 0.33 per cent from the listing price.

Earlier in the morning, the shares of the financial services subsidiary of Tata Sons opened flat at Rs 330 on both the NSE and BSE, at a 1.23 per cent premium above the issue price of Rs 326.

The listing price of Tata Capital was slightly above the grey market estimates. Ahead of the listing, unlisted shares of Tata Capital were trading flat at Rs 326, according to sources tracking unofficial markets.

The Rs 15,511-crore mainline IPO included a fresh issue of 210 million equity shares and an offer for sale of 265.8 million shares,

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