Sat Oct 04 10:20:00 UTC 2025: Okay, here’s a news article based on the provided text:
**Tata Teleservices (Maharashtra) Ltd. (TTML) Expected to See Activity as Tata Capital IPO Launches**
Mumbai – Shares of Tata Teleservices (Maharashtra) Limited (TTML) are anticipated to experience increased trading activity this week as Tata Capital, a subsidiary of the Tata Group, prepares to launch its initial public offering (IPO).
Tata Capital, currently 88.6% owned by Tata Sons, has set its IPO price range at ₹310-₹326 per share. The IPO, totaling ₹15,512 crore, will open for subscription on October 6th and close on October 8th. It consists of a fresh issue of 21 crore shares and an offer for sale (OFS) of 26.58 crore shares. The company is expected to list on the stock exchanges on October 13th.
The upcoming Tata Capital IPO has sparked interest in TTML due to the shareholding structure within the Tata Group. Tata Sons holds a significant stake in TTML, along with other Tata entities like Tata Teleservices Limited and Tata Power. As of Friday, TTML shares saw a 2.61% increase, closing at ₹56.63. The stock has a 52-week high of ₹88.88 and a 52-week low of ₹50.
The launch of the IPO comes after the Reserve Bank of India (RBI) had classified Tata Sons, along with other entities, into the “Upper Layer” category, requiring them to be listed by September 30th. While most companies have complied, Tata Sons has yet to be listed. The RBI Governor clarified that these entities can continue business if their registration wasn’t revoked.
Investors are closely watching TTML’s performance as the market reacts to the Tata Capital IPO and its implications for the wider Tata Group.