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New Delhi: This Diwali the Tata Group is going to give investors a big gift. The group has announced the IPO date for its NBFC company Tata Capital. According to reports Tata Capital filed its red herring prospectus with SEBI and the stock exchanges on September 26. A disclosure issued by the exchange stated that the face value of one share in this IPO has been set at Rs 10 per share. This will include a fresh issue of 210000000 shares and an OFS of 265824280 equity shares. According to reports the companys IPO will open on Monday October 6 2025 and close on Wednesday October 8 2025. The investment date for anchor investors has been set for Friday October 3 2025. Notably this IPO is going to be the largest issue by the Tata Group. Expected size of the IPO? According to reports the total size of the companys IPO is $1.85 billion or Rs 16400 crore. Consequently the companys total valuation is estimated at $16.5 billion. The report further states that LIC the largest company in the insurance sector could be a major bet on this issue. Tata Sons holds a substantial majority stake in Tata Capital. According to draft documents external investors IFC and other group companies like TMF Holdings Limited Tata Investment Corporation Tata Motors Tata Chemicals Tata Power and others hold the remaining stake. According to Reserve Bank regulations high-level NBFCs such as Tata Capital are required to list on domestic stock exchanges by September 30. However according to reports the company has recently received a minor extension from the banking regulator. Preparations been underway for days On April 5 Moneycontrol reported that Tata Capital had filed draft papers with SEBI through the confidential pre-filing route for an IPO worth over Rs 15000 crore. Earlier on March 21 media reports had indicated that the top NBFC had appointed 10 investment banks as advisors for this mega listing. More banks are likely to choose the confidential pre-filing route. The report also stated that Kotak Mahindra Capital Citi Axis Capital JP Morgan HSBC Securities ICICI Securities IIFL Capital BNP Paribas SBI Capital and HDFC Bank have been appointed.
