Tata Capital on Monday fixed a price band of Rs 310–326 per share for its upcoming initial public offering ( IPO ), which was over 55% below its prevailing unlisted market price of Rs 735-765 per share. The IPO price of the retail lending NBFC is 5-10% below the rights issue price of Rs 343 per share issued in July 2025.

The Rs 15,512 crore IPO of Tata Capital opens for subscription on October 6 and closes on October 8. Since June 2025, the stock price of Tata Capital has been languishing in the unlisted space, quoting at Rs 1,075 in early June 2025. The stock price has lost nearly one-third (32%) of its value post-rights issue priced at Rs 343 in July 2025 and due to overall weakness in the equity market.

What do market analysts say?

Market analyst Arun Kejriwal said, “Investors who

See Full Page