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Tata Sons-backed Tata Capital files for IPO: All you need to knowIn the last six years, Tata Capital has received capital infusion to the tune of ₹6,000 crores, out of which ₹2,000 crore and ₹500 crore was infused during FY24 and FY23, respectively.By Meghna Sen    | Gaurav Jawalkar   August 5, 2025, 8:30:01 AM IST (Published)2 Min ReadTata Capital, the flagship financial services company of the Tata Group, has filed draft papers with the capital markets regulator SEBI to raise funds through an initial public offering (IPO).

The total offer size for the IPO is 47.58 crore shares, of which 21 crore shares will be fresh issue, while existing shareholders will offload up to 26.58 crore shares.

Tata Sons plans to sell up to 23 crore shares in the offering to bring its stake below 75%. International Finance Corporation proposes to sell up to 3.58 crore shares.

The Tata Sons-backed NBFC is yet to announce its price band.

Currently, Tata Sons owns an 88.6% stake in the NBFC on a fully diluted basis, while other Tata Group companies own another 7%.

Current Shares (lk)

Current share

OFS

% Pre IPO

%Post IPO

Tata Sons

35,750.64

2,300.00

88.6%

74.2%

TMF Holding

1,862.25

0.00

4.6%

Tata Investment Corp

829.37

0.00

2.1%

International Finance Corp

716.49

358.24

1.8%

0.8%

Total Shares

               40,349

           45,107

Proceeds from the fresh issue will be used to meet the company’s future capital requirements including onward lending. Further, a portion of the proceeds from the fresh issue will be used towards meeting offer expenses.

About Tata Capital

Tata Capital has a total AUM of ₹2.27 lakh crore, making it the third-largest NBFC in terms of loan book.

It is among the fastest-growing large, diversified NBFCs, with 1,496 branches across India.

Its other businesses include the distribution of third-party products, wealth management services, and private equity.

AUM ₹cr

Loan book

CAGR FY23-25

Bajaj

4,14,830

29.7%

Shriram Finance

2,59,920

19.1%

Tata Capital

2,26,550

37.3%

Chola investment

1,85,450

31.6%

AB Capital

1,26,350

25.2%

In the last six years, Tata Capital has received capital infusion to the tune of ₹6,000 crores, out of which ₹2,000 crore and ₹500 crore was infused during FY24 and FY23, respectively.

The IPO is being driven by a regulatory mandate. In September 2022, the Reserve Bank of India classified Tata Capital as an upper-layer systemically important NBFC, requiring it to go public within three years. That deadline expires this September.

Kotak Mahindra Capital, BNP Paribas, Citigroup Global Markets are among the bookrunning lead managers of the offering.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsIPOTata Capital