Tata Capital clears IPO plan

Tata Capital IPO: Tata Investment Corporation stock rally after IPO approval
Shares of Tata Investment Corporation jumped 8.3% on the BSE after Tata Capital received board approval for its IPO. Tata Capital will issue 23 crore new shares, with existing shareholders reducing their stakes via an OFS.
Tata Capital's board approves IPO plan, to issue 230 mn new shares
Financial services company also approves rights issue of Rs 1,504 cr as it moves to comply with RBI regulations
Tata Capital approves plans for IPO
Tata Capital has approved an initial public offering to issue 230 million new shares, while current shareholders will sell their stakes through the offer for sale method.
Tata Capital board okays IPO plan, likely to raise Rs 15,000 crore
MUMBAI: The board of Tata Capital has approved a mega initial public offering that may raise up to Rs 15,000 crore in primary share sale and will comprise a combination of fresh issue of 23 crore shares and an offer-for sale by existing shareholders who include Tata Sons owning nearly 93% in the upper layer non-banking lender.
Tata IPO Alert: Is Tata Capital's Public Offer The Biggest Ever By Tata Group? 10 Points To Know
The upcoming Tata IPO is likely to be a mixture of both fresh issues and offers for sale (OFS). Apart from this, the board has approved a rights issue worth Rs 1,504 crore in Tata Capital for existing shareholders.
Tata Capital board approves IPO, rights issue
The board of Tata Capital, Tata Group’s financial services arm, on Tuesday approved raising funds via initial public offering (IPO) and rights issue, according to an exchange filing. The non-banking finance company (NBFC) will raise up to ₹1,
Tata Capital Board Approves Rs 1,504-Crore Rights Issue Ahead Of $1 Billion IPO
According to the Reserve Bank of India's requirements, the financial services arm of the Tata Group must mandatorily list by September 2025.
Tata Capital IPO: How much do listed Tata entities own in the company?
During the financial year 2024, Tata Capital posted its highest-ever net profit of ₹3,150 crore, a growth of 37% from last year. It maintained a credit cost of 0.5% and delivered Return on Equity (RoE) of 17.
Tata Investment shares soar 8% after Tata Capital board approves IPO plans
Shares of Tata Investment Corporation surged by 8.3% after Tata Capital received board approval for its long-awaited IPO. The listing, including 23 crore new shares and an offer-for-sale mechanism, is anticipated to unlock value in Tata Group's financial services portfolio.
Tata Capital to go public in one of India’s top IPOs of year
News of the IPO helped drive up shares of Tata Investment Corp, which jumped as much as 10% after the announcement.
Indian non-bank lender Tata Capital to launch IPO
India's Tata Capital plans to launch an initial public offering in which the non-bank lender will issue 230 million new shares, while current shareholders will exit through the offer for sale route, it said on Tuesday.
Upcoming Tata IPO: 5 Listed Tata Group Companies Hold Shares In Tata Capital: Who & Should You Buy Them?
Tata Capital IPO is much-awaited in the sector and among investors. Following this, a host of Tata Group stocks jumped ...
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Tata Capital announces IPO, to issue fresh shares worth ₹23cr
Along with the IPO, Tata Capital's board has also approved a ₹1,504 crore rights issue for existing shareholders. The record ...