Tata Capital shares to list on the bourses on Monday — All you need to know

Shares of Tata Capital Ltd., India's largest IPO of 2025, will be making their stock market debut on Monday, October 13. The ₹15,500 crore issue had managed to receive full subscription during the three-day bidding process.

During the three-day bidding period, investors placed bids for 65.12 crore shares of Tata Capital, compared to the 33.34 crore shares that were on offer. This took the total subscription figure to 1.95 times the total number of shares on offer.

Institutional investors led the bidding process, with the overall subscription figure at 3.42 times the total shares on offer. Qualified Institutional Bidders (QIBs) placed bets for 32.44 crore shares, in comparison to the 9.49 crore shares reserved for them.

Non-institutional investors placed bids for 14.1 crore shares, compared to the 7.11 crore shares reserved for them. The retail investor portion managed to see full subscription, and at 1.1 times, bids were placed for 18.2 crore shares, compared to the 16.6 crore on offer.

The Tata Capital IPO was a mix of a fresh issue of equity shares worth ₹6,846 crore, while promoters Tata Sons and International Finance Corporation (IFC) sold shares worth ₹8,665 crore through the Offer For Sale (OFS) process.

Reports from the unlisted market are pointing towards a subdued listing for Tata Capital on Monday, with the Grey Market Premium (GMP) ranging from as low as ₹0 to ₹6 per share.

It must be noted that these are speculative rates and the actual listing price could vary from these GMP prices.

Tata Capital's IPO was open along with WeWork India and LG Electronics India. While WeWork made its debut on Friday, ending its first trading session at a 2.5% loss, LG Electronics India's shares will list on Tuesday, and the IPO became the most bid issue in Indian history, with total bids nearing ₹4.5 lakh crore.