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Tata Capital Completes Overseas Road-Shows for $2bn IPO
September 03, 2025
|The New Indian Express Vellore
LEADING non-banking lender Tata Capital, which is under an RBI mandate to get listed before the end of this month, has completed road-shows in overseas markets to test investor interest for its public issue worth $2 billion (₹17,500 cr) and is seeking a valuation of in the $18-20 billion range.
The Tata group company is planning the issue in the third week of September, well within the regulatory mandate. "The company is set to launch its much-anticipated over $2 billion (depending on the exchange rate) initial public offering in the week beginning September 22," a source in the know of the plans told TNIE on Tuesday.
"The company is looking at a valuation of $18-20 billion post issue, depending on the rupee-dollar rate," the source who sought not to be named, said, adding "the management and i-bankers are conducting road shows to test investor interest."
هذه القصة من طبعة September 03, 2025 من The New Indian Express Vellore.
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