Tata Capital, the flagship financial services company of the Tata group and a subsidiary of Tata Sons, has raised Rs 4,641.8 crore from 135 anchor investors on October 3, a day prior to the launch of its IPO for the public subscription.
The biggest IPO of the current calendar year and largest since Hyundai Motor India's Rs 27,859-crore offer last year will open for the public on October 6 and close on October 8, fetching Tata Capital Rs 15,512 crore at the upper price band.
The non-banking finance company is issuing 21 crore fresh equity shares, while promoter Tata Sons and investor International Finance Corporation are selling 26.58 crore equity shares through offer-for-sale. The price band for the offer has been fixed at Rs 310-326 per share.
Tata Capital on Friday has finalised allo