The initial public offering of Tata Capital opened for public bidding today, October 6. The Rs 15,512-crore mega IPO of the non banking financial institution has been subscribed 19 percent so far.

The maiden public issue of the company received bids for nearly 6.5 crore shares, as against the offer size of 33 crore shares, according to data on NSE at 11.30 am.

Qualified Institutional Buyers (QIB) subscribed 29 percent of their reserved portion, while those kept for retail and non institutional investors (NII) have been booked 17 percent and 11 percent, respectively.

Tata Capital IPO: Key things to know

The Tata Group company launched its much awaited public issue to raise Rs 15,512 crore through a fresh issue of shares worth Rs 6,846 crore, and an offer for sale of shares worth nea

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