
Sat Oct 04 10:20:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
**Tata Capital IPO to Open on October 6, 2025, with Price Band Set at ₹310-₹326**
**Mumbai, [Date – Adjust based on when you want this published]** – Tata Capital Limited is set to launch its Initial Public Offering (IPO) on Monday, October 6, 2025, with a price band of ₹310 to ₹326 per equity share. Investors can bid for a minimum of 46 equity shares and in multiples of 46 shares thereafter.
The IPO comprises a total of 475,824,280 equity shares, including a fresh issue of 210,000,000 equity shares and an offer for sale (OFS) of up to 265,824,280 equity shares. In the OFS, Tata Sons Private Limited will be selling up to 230,000,000 equity shares, while the International Finance Corporation will offload up to 35,824,280 equity shares.
The anchor investor bidding took place on Friday, October 3, 2025. The IPO will remain open for general subscription until Wednesday, October 8, 2025.
Tata Capital intends to utilize the net proceeds from the fresh issue to meet its future capital requirements and augment its Tier-I capital base, primarily for lending activities.
The equity shares are proposed to be listed on both the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE). The company filed its red herring prospectus on September 26, 2025.
The book running lead managers for the IPO are Kotak Mahindra Capital Company Limited, Axis Capital Limited, BNP Paribas, Citigroup Global Markets India Private Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, ICICI Securities Limited, IIFL Capital Services Limited, J.P. Morgan India Private Limited, and SBI Capital Markets Limited.