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Tata Capital board okays IPO plan, may raise ₹15k cr

The New Indian Express Kannur

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February 26, 2025

Tata Sons is the largest shareholder in Tata Capital with 92.83% stake

- BENN KOCHUVEEDAN @ Mumbai

THE board of Tata Capital has approved a mega initial public offering that may raise up to ₹15,000 crore in primary share sale and will comprise a combination of fresh issue of 23 crore shares and an offer-for sale by existing shareholders, including Tata Sons owning nearly 93% in the upper layer non-banking lender.

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