Overview
- The IPO will feature both a fresh equity issue and an offer-for-sale by existing shareholders, including Tata Sons, which owns about 93% of the company.
- Tata Capital filed its draft prospectus confidentially on April 5, using SEBI’s pre-filed DRHP process to keep sensitive data private until public disclosure.
- Unlisted shares in the NBFC have risen about 13.5% over the past six months, valuing Tata Capital at nearly Rs 3.8 lakh crore.
- For FY 2024-25, the company reported a net profit of Rs 3,655 crore and revenues of Rs 28,313 crore, marking significant year-over-year growth.
- As an upper-layer NBFC under RBI regulations, Tata Capital must complete its stock exchange listing by September 2025.