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Tata Capital Limited (TCL) is a diversified financial services company and a subsidiary of Tata Sons Private Limited. The Indian home loans market clocked a healthy 13.7% CAGR (growth in credit outstanding) during fiscals 2020- 2025
Key growth drivers for affordable home loans:
| Revenue | ₹28,312.74 cr | ₹30.00 cr | |
| PAT | ₹3,655.02 cr | ₹4.00 cr | |
| PAT Margin | 12.91 % | 13.58 % (+5.19%) | |
| EBITDA | ₹20,338.22 cr | ₹5,565.86 cr | |
| EBITDA Margin | 71.83 % | 72.62 % (+1.10%) | |
| ROE | 11.01 % | 3.10 % (-71.84%) | |
| ROCE | [●] % | [●] % | |
| D/E | 3.57 | 3.35 (-6.16%) |
Tata Capitals ist the third largest diversified NBFC in India. It operate an omni-channel distribution model that combines wide branch network, a robust partner ecosystem, and a strong digital presence.
Its lending Business comprises the following verticals, each focused on distinct customer needs: Retail Finance, SME Finance and Corporate Finance.
PE Ratio: 33.24x Average Sector PE Ratio: 20.75x
| QIB Shares Offered: | 237312140 |
| - Anchor Investor Shares Offered: | 142387284 |
| − QIB (Ex. Anchor) Shares Offered : | 94924856 |
| NII (HNI) Shares Offered: | 94924856 |
| - bNII > ₹10L: | 47462428 |
| - sNII < ₹10L: | 47462428 |
| Retail Shares Offered: | 166118498 |
| Total Shares Offered: | 498355494 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14996 |
| Retail (Max) | 46 | 598 | ₹194948 |
| S-HNI (Min) | 14 | 644 | ₹209944 |
| S-HNI (Max) | 66 | 3036 | ₹989736 |
| B-HNI (Min) | 67 | 3082 | ₹1004732 |
Avg IPO Size (Sector Based):
₹ 1,889.77 cr.
Average Sector PE Ratio:
20.75 X
Listing Price:
₹ [●]
Incorporated in 2007, Tata Capital Limited (TCL) is a diversified financial services company and a subsidiary of Tata Sons Private Limited. TCL operates as a non-banking financial company (NBFC) in India, offering a wide range of financial products and services to retail, corporate, and institutional customers. Key Offerings: Consumer Loans: Personal loans, home loans, auto loans, education loans, and loans against property. Commercial Finance: Term loans, working capital loans, equipment financing, and lease rental discounting for businesses. Wealth Management: Services including portfolio management, investment advisory, and distribution of financial products. Investment Banking: Equity capital markets, mergers and acquisitions advisory, and structured finance solutions. Private Equity: Managing funds that invest in companies with significant growth potential. Cleantech Finance: Financing and advisory services for projects in renewable energy, energy efficiency, waste management, and water management. Tata Capital is headquartered in Mumbai, Maharashtra, and maintains a presence of over 723 branches across India.
| Company Name | Revenue | FV | Basic EPS | Diluted EPS | RoNW % | NAV | PE | P/B |
|---|---|---|---|---|---|---|---|---|
| Tata Capital Limited | 28312.7 | 10 | 9.3 | 9.3 | 11.2% | 79.5 | ||
| Bajaj Finance Limited | 69683.51 | 1 | 26.89 | 26.82 | 17.35% | 155.6 | 32.6 | 5.6 |
| Shriram Finance Limited | 41834.42 | 2 | 50.82 | 50.75 | 16.83% | 300.3 | 12.1 | 2.0 |
| Cholamandalam Investment and Finance Company Limited | 25845.98 | 2 | 50.72 | 50.6 | 18.01% | 281.5 | 28.1 | 5.1 |
| L&T Finance Limited | 15924.24 | 10 | 10.61 | 10.57 | 10.34% | 102.5 | 19.0 | 2.0 |
| Sundaram Finance Limited | 8485.63 | 10 | 170.53 | 170.53 | 13.74% | 1187.8 | 26.8 | 3.8 |
| HDB Financial Services Limited | 16300.28 | 10 | 27.4 | 27.3 | 14.57% | 198.8 | 27.4 | 3.8 |
Axis Capital Limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. Axis Capital Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Axis Capital Limited .
Bnp Paribas, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. Bnp Paribas has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Bnp Paribas .
Citigroup Global Markets India Private Limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. Citigroup Global Markets India Private Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Citigroup Global Markets India Private Limited .
Hdfc Bank Limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. Hdfc Bank Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Hdfc Bank Limited .
Hsbc Securities & Capital Markets Private limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. Hsbc Securities & Capital Markets Private limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Hsbc Securities & Capital Markets Private limited .
ICICI Securities Limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. ICICI Securities Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of ICICI Securities Limited .
IIFL Securities Limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. IIFL Securities Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of IIFL Securities Limited .
J.P. Morgan India Private Limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. J.P. Morgan India Private Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of J.P. Morgan India Private Limited .
Kotak Mahindra Capital Company Limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. Kotak Mahindra Capital Company Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Kotak Mahindra Capital Company Limited .
SBI Capital Markets Limited, based in Mumbai is the Lead Manager (BRLM) of Tata Capital IPO. SBI Capital Markets Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of SBI Capital Markets Limited .
Tata Capital IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Tata Capital Financial Review Page
Merchant Banker(s) of Tata Capital IPO: Axis Capital Limited , Bnp Paribas , Citigroup Global Markets India Private Limited , Hdfc Bank Limited , Hsbc Securities & Capital Markets Private limited , ICICI Securities Limited , IIFL Securities Limited , J.P. Morgan India Private Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited
Tata Capital IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Tata Capital IPO listed at a listing price of against the offer price of 326.00.
The current market price of Tata Capital is .
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