The board of Tata Capital approved after a long wait of its IPO and the ₹1,504 crore rights issue with the record date set for February 25th 2025. This is a landmark event for the Tata Group’s non-banking finance company which has played a very main role in the Indian financial landscape.
Tata Sons, the holding company of the Tata Group remains the single largest shareholder of Tata Capital with a massive ownership of 92.83%. Besides Tata Sons, five listed Tata entities together own a meager 2.4% stake in Tata Capital with Tata Investment Corporation being the largest among them at 2.15%.
Tata Group's Flagship Financial Services Company Set To Go Public
— Tanmay 🇮🇳 (@Tanmay_31_) February 25, 2025
Tata Capital Limited's Board Approves IPO
The IPO Will Consist Of Fresh Issue Of 23 Cr Shares And An OFS, The Board Has Also Approved Rights Issue Upto 1,504 Cr
SEBI Has Directed To Tata Capital Limited To List… pic.twitter.com/WB58Ni1lie
This IPO strikes at the moment when the Tata Group is in mourning the death of Ratan Tata, a man whose ideologies formed the basic fiber of many of the corporate conglomerate’s stacks. His legacy moves forwards as Tata Capital progresses into a public listing with a bigger agenda and a vision for further financial leap-frog!
Tata Capital IPO Shareholding Breakdown:
Entity | Holding (%) |
Tata Sons Pvt. Ltd. | 92.83 |
Tata Investment Corporation Ltd. | 2.15 |
Tata Consumer Products Ltd. | 0.02 |
Tata Chemicals Ltd. | 0.09 |
Tata Motors Ltd. | 0.12 |
Tata Power Company Ltd. | 0.06 |
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