Tata Capital shares make weak debut, list at just 1% premium after 2025’s biggest IPO
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Shares of Tata Capital made a muted debut on the stock exchanges on Monday, listing at a 1.2% premium at Rs 330 on both the BSE and NSE. The company had set the upper price band at Rs 326. The Rs 15,512-crore Tata Capital IPO was fully subscribed 1.95 times, led by Qualified Institutional Buyers (QIBs). The Retail Individual Investors (RIIs) portion was subscribed 1.10 times, while the Non-Institutional Investors (NIIs) quota was booked 1.98 times over the three-day bidding period. QIBs booked their allotted shares 3.42 times. The Tata Group NBFC had set the IPO price band between Rs 310 and Rs 326 per share, which was 56% lower than the company’s unlisted shares. The minimum application required a lot of 46 shares, amounting to Rs 14,996 at the upper price limit. Also Read: Catch All Tata Motors Share Price Listing Live Updates Proceeds from the fresh issue will be used to strengthen Tata Capital’s Tier-I capital base, supporting its fut...