Sat Oct 04 10:20:00 UTC 2025: Okay, here’s a news article summarizing the information provided:

**Tata Capital IPO Opens to Retail Investors After Strong Anchor Response**

**Mumbai, India – October 5, 2024** – Tata Capital’s highly anticipated Initial Public Offering (IPO) is set to open for retail investors on October 6th, following a successful anchor investor round that concluded on October 3rd. The company has garnered significant interest, raising ₹4642 crore from anchor investors.

A total of 68 domestic and foreign anchor investors participated in what is expected to be one of the largest IPOs of 2024. The Tata Capital board approved the allocation of 14.23 crore shares to these eligible anchor investors. Notably, 35.5% of the anchor investor portion was allocated to 18 domestic mutual funds across 59 schemes. The IPO price band has been fixed at ₹310 to ₹326 per share.

Life Insurance Corporation (LIC) has made a significant investment, acquiring the largest portion of 15% for ₹700 crore. Other notable anchor investors include Amansa Holdings and Nomura Investment, each investing ₹175 crore. Morgan Stanley has invested ₹300 crore through various schemes.

The IPO comprises both a fresh issue of shares and an Offer for Sale (OFS), where Tata Sons and International Finance Corporation are divesting part of their holdings.

According to reports from Investors Gain, the IPO is trading at a premium of ₹13 in the grey market, indicating positive sentiment.

The lot size for the IPO is 46 shares, requiring a minimum investment of ₹14,996 for retail investors. The total IPO size is ₹15511.87 crore.

*Disclaimer: This is not investment advice. The stock market is subject to risks. Consult with an expert before making any investment decisions.*

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