Tata Capital IPO GMP Today: Tata Capital has fixed the price band for its much-awaited Rs 15,512-crore IPO at Rs 310-326 per share, making it the largest issue of the year. With this, the non-banking financial company’s valuation stands at about Rs 1.38 lakh crore at the top end of the band.
Tata Capital IPO Opening Date, Other Key Dates
The initial public offering of Tata Capital will open for subscription on October 6 and close on October 8, with the anchor book bidding scheduled for October 3. Its share allotment will be finalised on October 9, while the listing will take place on October 13 on both the BSE and the NSE.
Tata Capital IPO Price Band Significantly Lower Than Unlisted Shares
The IPO price band of Rs 310-326 per share is 55% lower than Tata Capital’s current unlisted ma