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Tata Capital Limited

22 Apr – 25 Apr · Listing 30 Apr 2026
Check Allotment
Price band
₹315 – ₹331
Lot size
45 shares
Issue size
₹15000 Cr
Listing
30 Apr 2026

Listing-day Predictor

Moderate
Predicted listing price
₹364
Predicted gain
+9.90%
Drivers
GMP signal (₹61 = 18.4% of issue)+12.9%
Mega issue (>₹5,000 Cr) — historically muted listings-3.0%

Heuristic prediction based on GMP, subscription, QIB demand and IPO size. Indicative only — markets can and do surprise. See GMP Accuracy Scorecard for how often these signals are off.

Broker recommendations

4 houses
3 Subscribe
1 Neutral
SBI Securities Neutral

Quality business but pricing leaves limited room for listing-day gains. Wait for post-listing dip.

Motilal Oswal Subscribe (Long-term)
Target: ₹380

Strong NBFC franchise within Tata Group. Diversified loan book, premium valuation justified by parentage.

Anand Rathi Subscribe (Long-term)

Quality NBFC with consistent ROA. Premium valuation but earnings momentum supports it.

ICICI Securities Subscribe

Good blend of growth and profitability. Recommend subscribing for both listing and long-term.

Grey Market Premium

61
Est. listing price
392
Est. listing gain
+18.43%

GMP is the unofficial premium at which IPO applications trade in the grey market before listing. It's indicative only, sourced from unofficial dealers. Not a guarantee of listing gain.

Subscription status

as of 24 Apr, 05:30 pm
Retail2.31x
HNI1.67x
QIB1.85x
Total1.96x

Objects of the issue

Augmentation of Tier-I capital base to meet future capital requirements; General corporate purposes.

Anchor investors

InvestorShares allocatedPriceValue (Cr)
Government of Singapore25,00,000₹331.00₹82.75
Abu Dhabi Investment Authority20,00,000₹331.00₹66.20
HDFC Mutual Fund18,00,000₹331.00₹59.58
SBI Mutual Fund16,00,000₹331.00₹52.96
ICICI Prudential MF15,00,000₹331.00₹49.65

Key dates

Opens
22 Apr 2026
Closes
25 Apr 2026
Allotment
28 Apr 2026
Listing
30 Apr 2026

Key details

Face value
₹10
Registrar
KFin Technologies
Lead managers
Kotak Mahindra Capital, Axis Capital, ICICI Securities
BSE code
543998
NSE symbol
TATACAPITAL

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