After the blockbuster IPO of Tata Technologies, the Tata Group is now preparing for another mega public listing with its financial services arm — Tata Capital. The IPO is expected to raise over ₹15,000 crore in 2025, making it one of the largest public offerings from the Tata Group.
This move aligns with the Reserve Bank of India’s (RBI) mandate for “Upper Layer” NBFCs to be listed within three years of being notified — by September 2025.
🔑 Key Highlights of Tata Capital IPO:
- IPO Size: ₹15,000 crore+
- Expected Valuation: $11 billion (₹91,000 crore)
- Listing Year: 2025
- Advisors Appointed: Cyril Amarchand Mangaldas & Kotak Mahindra Capital
- IPO Structure: Combination of Primary Issue (Fresh Shares) + Offer for Sale (OFS)
📌 Why is Tata Capital Going Public?
In September 2022, RBI categorized certain NBFCs under its Upper Layer (UL) framework, making it mandatory for them to list within three years. Tata Capital falls under this category due to its large asset size and systematic importance in the financial market.
This IPO will not only help Tata Capital comply with the regulations but also strengthen its financial position for future growth.
💪 Tata Capital’s Strong Financials:
- Assets Under Management (AUM): ₹1.58 lakh crore (as of March 2024)
- AUM Growth: ₹94,349 crore (2022) ➡ ₹1.19 lakh crore (2023) ➡ ₹1.58 lakh crore (2024)
- Backed by Tata Sons, which holds 92.83% stake in Tata Capital
- Tata Sons infused ₹6,097 crore in the company over the last five years
🔥 What Does Tata Capital Do?
Tata Capital is a leading Non-Banking Financial Company (NBFC) offering:
✅ Personal Loans
✅ Business Loans
✅ Home Loans
✅ Wealth Management
✅ Infrastructure Finance
✅ Vehicle Loans
✅ Consumer Durable Loans
The company operates in both Wholesale and Retail Finance segments, making it one of the most diversified NBFCs in India.
💸 Why This IPO Matters?
Tata Capital’s IPO will not only unlock value for the Tata Group but also pave the way for further expansion in the lending business.
With India’s growing demand for financial services, this IPO is expected to attract massive investor interest — both from domestic and global markets.
🔍 Market Buzz
Tata Capital’s IPO will follow the success of Tata Technologies, which gave stellar returns post-listing. If everything goes as planned, this IPO could become one of the biggest IPOs in India in 2025.
Expected Timeline 📅
| Event | Timeline |
|---|---|
| IPO Announcement | Mid-2024 |
| DRHP Filing | Late 2024 |
| IPO Launch | Early 2025 |
| Listing | Mid-2025 |
Will Tata Capital IPO Be a Game-Changer for the Tata Group? 🔥
With strong backing from Tata Sons and consistent growth in its financials, Tata Capital’s IPO could become a blockbuster listing — attracting both retail and institutional investors.
Stay tuned with Money Flow Insight for all the latest updates on Tata Capital IPO!
