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Tata Capital Gears Up for Mega IPO

Mint Kolkata

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February 26, 2025

Tata Capital Ltd said it's planning to go public in what may be one of India's largest initial public offerings of the year.

- Bloomberg

The financial unit of the Tata Group plans to sell 230 million new shares in the IPO, and tack on a rights offering for existing shareholders, the company said in an exchange filing Tuesday. Though it didn't specify the value of the total offering, MoneyControl has reported that Tata Capital was planning to raise at least ₹15,000 crore ($1.7 billion) via an IPO.

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