Overview
- The offer totals 47.58 crore shares, including a fresh issue of 21 crore shares (~Rs 6,846 crore) and an OFS of 26.58 crore shares (~Rs 8,665.87 crore).
- Ahead of the opening, Tata Capital raised about Rs 4,641.8 crore from 135 anchor investors, with LIC among the largest participants.
- Under the OFS, Tata Sons will sell up to 23 crore shares and IFC about 3.58 crore shares, as disclosed in the prospectus.
- Within the first hour of bidding on Oct 6, the IPO was about 15% subscribed, according to initial market data reported by local media.
- Subscription runs Oct 6–8 with allotment expected Oct 9 and listing on Oct 13, while unofficial grey‑market quotes indicate only a small and volatile premium.