About
Established in 2007, Tata Capital, a subsidiary of Tata Sons Limited, serves as the financial services arm of the Tata Group. Functioning as a non-banking financial company (NBFC), Tata Capital provides a comprehensive suite of financial solutions across key areas, including Commercial Finance, Consumer Loans, Wealth Management, and the distribution of Tata Cards.
Its key subsidiaries further enhance its offerings. Tata Capital Housing Finance Limited (TCHFL) specializes in home loans, affordable housing finance, loans against property, and financing for residential and commercial property developments. Tata Securities Limited, a wholly-owned subsidiary, actively participates in the Bombay Stock Exchange (BSE) across cash and derivatives markets. It also operates as a Depository Participant with Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL). With its wide-ranging services and subsidiaries, Tata Capital addresses diverse financial needs, serving both individual and institutional clients.
IPO schedule
| Issue open date | 2025-10-06 |
|---|---|
| Issue close date | 2025-10-08 |
| UPI mandate deadline | 2025-10-08 (5 PM) |
| Allotment finalization | 2025-10-09 |
| Refund initiation | 2025-10-10 |
| Share credit | 2025-10-10 |
| Listing date | 2025-10-13 |
| Mandate end date | 2025-10-23 |
| Lock-in end date for anchor investors (50%) | 2025-11-08 |
| Lock-in end date for anchor investors (remaining) | 2026-01-07 |
Financials
| Financial Year Ended | March 2024 | March 2025 | June 2025 |
|---|---|---|---|
| Total Assets | 176693.98 | 248465.01 | 252254.28 |
| Revenue | 18198.38 | 28369.87 | 7691.65 |
| Profit After Tax | 3326.96 | 3655.02 | 1040.93 |
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | ₹15511.87 crores |
| Fresh Issue | ₹6846 crores |
| Offer For Sale | ₹8665.87 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
|---|---|
| Augmentation of Company’s Tier–I capital base to meet Company’s future capital requirements, including onward lending | 6846 (100%) |
Strengths
- Flagship financial services arm of the Tata Group with a 150+ year legacy and strong brand equity.
- Third largest diversified NBFC in India offering 25+ lending products across retail, SME, and corporate segments.
- Omni-channel distribution with pan-India branches, partnerships, and 97%+ digital customer onboarding.
- Robust risk management framework covering 11 risk categories; ISO 31000:2018 compliant.
- Advanced digital infrastructure with API-driven automation, GenAI-based customer support, and scalable systems.
Risks
- High borrowings of over ₹2 trillion; non-compliance with financing covenants could affect operations.
- Heavy reliance on the Tata brand under licensing; any negative publicity may impact business.
- Intense competition in India’s lending market may pressure margins and growth.
- Vulnerability to credit, market, liquidity, and cyber risks despite risk controls.
- Capital requirements and deployment plans are based on management estimates and not independently appraised.
Media coverage
- The Economic Times - Work starts on $2-billion Tata Capital IPO
- Money Control -After Tata Tech, Tata’s rope in advisors for mega Rs 15,000-crore plus IPO of Tata Capital in 2025
Allotment Status for Tata Capital
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