Tata Capital IPO set for blockbuster debut with GMP, indicating modest premium.

Mumbai, India – The much-awaited initial public offering (IPO) of Tata Capital, the financial services arm of the salt-to-software group, is set to open for subscription on Monday, October 6, 2025. The company has priced the public issue at a range of ₹310 to ₹326 per equity share.

IPO Prior to their historical listing, the grey market premium (GMP) for Tata Capital shares has been running around 2-3%. This works out to a premium of approximately ₹9 per share over the upper end of the price band, indicating expectations of modest but positive listing profits in the unofficial market. It is important to note that the GMP is an informal indicator and may fluctuate depending on market sentiment.

Tata Capital IPO for offer for sale (OFS)

The mega IPO, which aims to raise a significant amount of money through a combination of a fresh issue of shares and an offer for sale (OFS) from existing shareholders, is generating a lot of buzz in the financial markets. The proceeds from this fresh issue are expected to be used to fuel future growth and increase the company’s capital base for general corporate purposes.

Market analysts are largely positive about the IPO, citing the strong parentage of the Tata Group, the company’s diversified and well-established business model and its strong financial performance. The offer is expected to attract significant interest from both institutional and retail investors.

The IPO subscription will close on Wednesday, October 8, 2025. The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

This public offer is a landmark event for the Indian capital markets, being one of the largest IPOs from the Tata stable in recent years. The performance of the IPO will be closely watched by investors and the broader market.