Tata Capital IPO is going to open from today. The size of this issue of Tata Group, one of the oldest business houses in the country, is more than Rs 15,000 crore. In this, investors will be able to bid for three days. On the last trading day of last week, on Friday, Tata’s IPO was opened to anchor investors and he was offered 14,23,87,284 shares, whose total value was Rs 4641.83 crore. Let’s know how investors from Rs 15,000 from its price band to lot size …
By October 8, you will be able to invest in IPO
The IPO of Tata Capital will be open till 8 October after opening on Monday 6 October. Meaning for three days, investors can bid in this issue. Tata’s company is inviting dialects for 47,58,24,280 shares under IPO. This includes 21,00,00,000 fresh shares, whose value is Rs 6,856 crore, while 26,58,24,280 shares are being sold through offer for sale ie OFS, which is worth Rs 8665.87 crore. Accordingly, the size of Tata Capital IPO becomes Rs 15,511.87 crore.
These details from price band to listing
Talk about the price band of Tata Capital IPO, the company has fixed this Rs 310-326 per share. Tata’s IPO will be the largest in the issue introduced so far this year. Let us know that earlier in June, HDB Financial IPO came, which was Rs 12,500 crore, but Tata Capital has left him behind with an issue size of Rs 15,511.87 crore. The allotment process of the IPO will start on October 9 and the possible date for its listing in the stock market has been fixed on 13 October.
Become a shareholder in profit for less than ₹ 15000
Now tell how investors can confirm their share in the profits made by becoming a partner of this Tata Capital at least Rs 15,000. Actually, the company has fixed the lot size 46 shares under its IPO. That is, any investor will have to bid for at least so many shares. Now calculations according to the upper price band, then for this he will have to spend Rs 14,996.
If its IPO comes out, then the listing in the stock market and the benefits of the subsequent benefits will also be given to the investor who puts money and will see an increase in the amount invested by him. Please tell here that the company has decided that retail investors can bid for a maximum of 13 lots or 598 shares. In such a situation, investors will have to invest Rs 1,94,948. Talking about gray-market premium, it is trading at Rs 333.5.
Great earnings in the first quarter
Tata Group company Tata Capital had a strong advantage in the first quarter of FY26. Its net profit had increased by double to Rs 1,041 crore as compared to Rs 472 crore in the same quarter of a year ago. Apart from this, there was a rampage increase in the total income of the company. In fact, the income of Rs 6,557 crore in the June 2024 quarter increased to Rs 7,692 crore in the first quarter this year.
(Note- Be sure to consult your market experts before any kind of investment in stock market or IPO.)
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